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Trump Slams Arnie's "Total Disaster" Ratings, Says "The World Is In Trouble... I'll Fix It"

In a far-ranging speech addressing the National Prayer Breakfast, President Trump took a shot at Arnold Schwarzenegger's Celebrity Apprentice ratings - "total disaster", jabbed at immigrants and religious freedom "freedom is a gift from god," and reassured Americans that he will save the world, "the world is in trouble...I'll fix it." Quite a morning already.

Dollar Slide Accelerates After Fed Fails To Boost Confidence, Pressures US Futures

European shares and S&P futures fell amid mixed earnings from corporate heavyweights, while Asian stocks were fractionally higher. The dollar slump continued against all its major peers after the Federal Reserve gave dollar bulls little to be optimistic about.  The U.S. currency dropped toward the lowest close since November after the Fed reiterated its intention on Wednesday to lift rates only gradually.

Gartman No Longer Bullish After Seeing Barron's Cover

"We’ve brought a stop up behind that position that shall take us out at break-even, including the dividend,  but we’ve no intention at this point of buying anything else and if we are taken out we’ll stand wholly aside and watch further developments."

Futures Fall On Rising Trump Uncertainty; Europe Stocks Rise As Euro-Area Inflation Surges

European bonds fell and stocks rose led by banks and retailers as surging inflation data prompted investors to switch into reflationary assets even as speculation about ECB tapering has returned. Asian stocks and US equity futures declined. The Yen and gold advanced after Trump’s firing of the U.S. acting attorney general added to concern over the unpredictability of decisions in the new administration.

Mexican Official Threatens To Combat President Trump By "Unleashing Drug Cartels"

Out of bitterness or desperation, or a mix of both, Mexico’s finest would apparently weaponize their most brutal elements and deliberately send them North to sow chaos – only proving the reasons for controlling the border and reigning in the deterioration of the U.S. standard of living that has been going on for such a long time now.

Pivotfarm's picture

U.K. Prime Minister Theresa May was hoping to bypass Parliament on when and how to trigger divorce proceedings with the European Union. Then the Supreme Court set her straight. So this week lawmakers discuss for the first time a short bill giving her permission to invoke Article 50 of the EU’s Lisbon Treaty.

Pivotfarm's picture

U.K. Prime Minister Theresa May was hoping to bypass Parliament on when and how to trigger divorce proceedings with the European Union. Then the Supreme Court set her straight. So this week lawmakers discuss for the first time a short bill giving her permission to invoke Article 50 of the EU’s Lisbon Treaty.

Global Stocks, Futures Slide On US Protectionism Worries Following Trump Travel Chaos

European, Asian stocks and S&P futures all drop after traders were left with a sour taste from the potential fallout of Donald Trump’s order halting some immigration and ahead of central bank decisions from the U.S. and Japan.  Markets in Hong Kong, China, Malaysia, Korea, Singapore, Taiwan and Vietnam are all shut due to the Lunar New Year public holiday.