Apple

Frontrunning: October 5

  • Las Vegas gunman stockpiled weapons over decades, planned attack (Reuters)
  • Las Vegas Shooter’s Partner Says She Is Mystified by Attack (WSJ)
  • Catalan leader says not afraid of arrest over independence (Reuters)
  • May Faces Calls to Quit After Speech That Went Wrong (BBG)
  • North Korea ‘Decoders’ Offer Dire Warnings About Nuclear Program (WSJ)

Frontrunning: October 4

  • Spanish tensions bar Europe from global stocks party (Reuters)
  • Catalonia to move to declare independence from Spain on Monday (Reuters)
  • Catalan Police Chief Investigated For Sedition (TSR)
  • Trump Suggests Puerto Rico’s Debt May Need to Be ‘Wiped Out’ (BBG)
  • Trump Heads to Las Vegas After Shooting Reignites Gun Debate (BBG)

Spanish Stocks, Bonds, Euro Sink After Catalan Referendum Fiasco; S&P Futures Rise

While S&P futures were modestly higher, rising 0.1% in a quiet session in which China, South Korea, India and Hong Kong were closed for holidays, the Euro, Spanish stocks and bonds were broadly lower as Spain faces its worst constitutional crisis in years following a dramatic, violent crackdown on Sunday's Catalan independence referendum in which 89% of the voters wanted to secede from Spain.

Credit, Crypto, & Kuroda's "Bat-Shit-Crazy Monetary Expansion"

"This is bat-shit-crazy monetary expansion. Forget about arguing whether it is appropriate or needed. It doesn’t matter...What I find amazing is how complacent the markets have become about all of this...There will be consequences, we just don’t know what they are yet. Get your insurance while you can, not when you have to… "

Frontrunning: September 29

  • Republican Tax Plan Hits First Hurdle (WSJ)
  • A $6.4 Billion Windfall Awaits Big U.S. Banks in Trump's Tax Cut (BBG)
  • How Does the Trump Tax Plan Affect You? WSJ Answers Your Questions (WSJ)
  • Twitter suspends Russia-linked accounts, but U.S. senator says response inadequate (Reuters)
  • Flight ban on Iraqi Kurds imposed after independence vote (Reuters)

Frontrunning: September 28

  • GOP Tax Proposal Expected to Benefit Wall Street Firms (WSJ)
  • Trump’s Tax Cuts May Produce Short Job-Growth ‘Sugar High’ (BBG)
  • Playboy founder Hugh Hefner dies at age 91 (Reuters)
  • Mountains of Aid Languish on Docks in Stricken San Juan (BBG)
  • Janet Yellen Can’t Help Retirees (BBG)

McMaken: Stop Wrapping The Flag Around Pro Sports

"Prior to 2009, football players weren't on the field for the national anthem, remaining in the locker room...And why did players start making a display of their 'patriotism' in 2009? It turns out the government gave them taxpayer money to do so..."

Euro Tumbles Ahead Of Yellen, Macron Speeches As Stocks Shake Off Korean Crisis

S&P futures are flat after Monday’s tech-driven drop and as tensions with North Korea are once again put on the backburner; Asian stocks are modestly lower while Europe has shaken off the Korean crisis and is in the green on the back of a sharp drop in the EURUSD which has tumbled below 1.18 as the USD rises ahead of much anticipated speeches by the Fed Chair and the French president.

Apple Does Right By Its Users... And Advertisers Are Displeased

With the new Safari 11 update, Apple takes an important step to protect your privacy, specifically how your browsing habits are tracked and shared with parties other than the sites you visit. In response, Apple is getting criticized by the advertising industry for "destroying the Internet's economic model."