Iceland

Putin To Call Trump, May Schedule Meeting

“President Putin will call President Trump after the inauguration to congratulate him. It’s a protocol thing that has to be done,” Kremlin spokesman Dmitry Peskov said. “We expect that they may discuss their positions on a possible meeting.”

Trump Aides Deny Plan For Summit With Putin In Reykjavik

Update: so much for that. According to Reuters, two top aides to President-elect Donald Trump denied a published report on Saturday that he is planning to hold a summit with Russian President Vladimir Putin weeks after taking office. The Sunday Times of London reported that Trump had told British officials that such a summit was being planned, possibly to be staged in the Icelandic capital of Reykjavik.

Dave Collum's 2016 Year In Review - "And Then Things Got Really Weird..."

"Markets don’t have a purpose any more - they just reflect whatever central planners want them to. Why wouldn’t it lead to the biggest collapse? My strategy doesn’t require that I’m right about the likelihood of that scenario. Logic dictates to me that it’s inevitable..."

Hypocrisy Behind The Russian-Election Frenzy

What Threat to Democracy? How does giving the American people truthful and relevant information undermine American democracy, which is the claim that is reverberating throughout the mainstream media and across Official Washington?

The Biggest Gold Heist Of All Time

...When the pirates arrived, they robbed the island of 100 talents of gold (worth just shy of $100 million today), an unfathomable sum at the time...It’s amazing that thousands of years have passed, and yet that very same gold could still be traded in modern financial markets.

Frontrunning: November 25

  • Dollar rally pauses, Italian stocks underperform (Reuters)
  • Retailers Vie for Black Friday Dollars (WSJ)
  • Holiday Price War Intensifies as Wal-Mart, Target Pursue Amazon (BBG)
  • U.S. Pushes Iran on New Measures to Fortify Nuclear Deal (WSJ)
  • Brent and WTI see small gains as end of year approaches (Reuters)

Global Stocks Drop On Poor Earnings, Bond "Bloodbath" Ahead Of US Q3 GDP

S&P futures and Asian stocks were little changed while European shares fell as the global bonds sell-off deepened on speculation major central banks are moving closer to reining in stimulus, while stocks retreated after disappointing results from companies including Amazon.com and AB InBev.