Boeing

Frontrunning: April 25

  • Trump’s 15% Corporate Tax Push Sets Stage for Clash With Ryan (BBG)
  • U.S. and North Korea Flex Military Muscles (BBG)
  • Le Pen's father criticizes her presidential campaign as she steps back from party (Reuters)
  • Eight Maps That Explain France’s Macron-Le Pen Election (BBG)
  • Alphabet’s Waymo Offering Families Rides in Self-Driving Cars (WSJ)

David Stockman On The Anything President And The Everything Bubble

"The remaining bullishness and buy-the-dips robo-trading that temporarily sustained the dotcom bubble through March 2000 and the housing bubble through September 2008 will soon give way...  This century’s third great bubble’s days are numbered and in just a few digits."

Boeing To Lay Off "Hundreds" Of Engineers

President Trump will not be amused. In a letter to employees, Boeing VP John Hamilton announces that the company will lay off "hundreds" of engineers as soon as this week, affecting Washington and "other enterprise locations."

US Conducts Successful Field Test Of New Nuclear Bomb

The US National Nuclear Security Administration and the U.S Air Force announced the first successful field test of the modernized B61-12 gravity thermonuclear bomb at the Tonopah Test Range in Nevada.

Frontrunning: April 5

  • No big bets ahead of Trump-Xi meeting; oil, metal prices firm (Reuters)
  • Senate on the Brink of ‘Nuclear Option’ in Gorsuch Vote (WSJ)
  • Le Pen Ambushed on Euro in French Debate (BBG)
  • Trump touts coal but utilities aren't listening (Reuters)
  • Trump Officials Alarmed China May Bid for Westinghouse Unit (BBG)

When Government Evil Triumphs, Freedom Falls

"No matter how you rationalize it, the lesser of two evils is still evil." It is often said that if America ever ceases to be good, she will cease to be great. Unfortunately, the American government has been the opposite of good for too long now... "

 

Frontrunning: April 4

  • Europe stocks rise but bond yield falls show investor caution (Reuters)
  • Danger of Sell-Off in U.S. Stocks Grows as Auto Sales Disappoint (BBG)
  • Battle Over Gorsuch Confirmation Is Set to Hit Senate Floor (WSJ)
  • U.S. business seeks action, not trade war, in Xi-Trump summit (Reuters)
  • Uncovering the Secret History of Wall Street’s Largest Oil Trade (BBG)
TDB's picture

If space truly is the final frontier, then it won’t be long until the first pioneers are making the journey, as several companies race to take paying passengers out of the Earth’s atmosphere and beyond. And true to form, right on its heels will be the regulators, red tape lassos in hand.

But like any brand new industry, the slight head start of the businesses will give them the opportunity to show the high standards that can be accomplished absent government control — and with any luck, they can do it in a way compelling enough to cast doubt on the “necessity” of regulation.

All Eyes On Washington: US Futures Rise On Hope Healthcare Vote Will Pass

Asian shares and S&P futures rose on optimism that today's rescheduled U.S. vote on health care will pass following Trump's Ultimatum to the Freedom Caucus. European stocks gave up some of Thursday’s gains, falling for the fourth time in five days, and moving further away from a 15-month high reached a week ago while the yen weakened for the first time in nine days.

Frontrunning: March 9

  • Investors Await ECB for Clues on Path of Policy (WSJ)
  • U.S. crude slumps below $50 after stocks build (Reuters)
  • Markets Are Selling Off as Dollar, Euro Gain (BBG)
  • Opposition Mounts as GOP’s Health Bill Undergoes Review (WSJ)
  • Ryan Ready to Twist Arms to Sell Health Plan to House GOP (BBG)
  • Gutting Dodd-Frank Is Hard, So Republicans Turn to Easier Things (BBG)