Tribune

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Frontrunning: May 24





  • Asian stocks near 11-week lows, dollar bounces on Fed rate view (Reuters)
  • Poll Finds Lack of Enthusiasm for Clinton and Trump (WSJ)
  • Oil falls for fifth day as focus returns to growing exports (Reuters)
  • The Hedge Fund That Couldn't Stay Open Long Enough for a Big Payday (BBG)
  • French police break up refinery blockade in anti-reform showdown (Reuters)
 
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Frontrunning: May 23





  • Global stocks see-saw, yields slip as investors get week off to cautious start (Reuters)
  • Bayer defies critics with $62 billion Monsanto offer (Reuters)
  • Iran has no plans to freeze oil exports, official says ahead of OPEC meeting (Reuters)
  • U.S. lifts arms ban on old foe Vietnam as regional tensions simmer (Reuters)
  • Anthem, Cigna Privately Bicker as They Seek Merger Approval (WSJ)
 
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Portland School Board Bans Literature Denying Climate Change





There will be no more discussion as to whether or not humans are contributing to climate change in the Portland, Oregan public school system, as the school board plans to ban all material that denies the existence of man-made climate change. Although the topic is still being heavily debated within the scientific community, young and impressionable students will now only receive the politically correct side of the issue. ‘Man is causing climate change, no questions asked.’

 
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Trump Closing Gap On Clinton With Double-Digit Lead In Utah





Hillary Clinton's lead over Donald Trump is the lowest in two months as a number of the most recent polls show trump neck-and-neck with the establishment's mouthpiece-of-choice. From a Clinton lead of over 11pts in March, Rasmussen recently reported Trump leading 2pts, Gravis showed him lagging by just 2pts in the last two weeks, and NBC reports Clinton's lead dropping from 5pts to just 3 pts in the last week alone. And, ironically given our earlier comments, Mitt Romney's 'safe space' Utah is now being dominated by Trump...

 
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Is Homeland Security Creating Travel Havoc To Force People Into Precheck Programs?





The TSA and Homeland must have known that wait times would soar if more rigorous screening was implemented. They did it anyway. As AP reports, in the past three years, the TSA and Congress cut the number of front-line screeners by 4,622 — or about 10 percent — on expectations that an expedited screening program called PreCheck would speed up the lines. However, not enough people enrolled for TSA to realize the anticipated efficiencies. In other words, PreCheck has been in a failure. Not enough Americans have been willing to make themselves “known” to FedGov and Homeland Security. The way to fix it is to make people so miserable that they join.

 
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Are Chip Readers A 'Clever' Way For Visa And MasterCard To Increase Revenue?





Ever since merchants changed out payment terminals last October in order to comply with new rules and accept chip cards, merchants are seeing expenses relating to debit transaction fees increasing, in some cases as much as 20%. The reason stems from transaction terminals being set up to steer transactions in such a way that will generate the most revenue for the data processing company...

 
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Frontrunning: May 5





  • Europe shares, oil snap four-day losing streaks (Reuters)
  • Oil rallies as Canada fire and Libya violence threaten supply (Reuters)
  • How Trump Won—and How the GOP Let Him (WSJ)
  • Hedge Fudge Managers Lose Their Swagger (BBG)
  • Turkey Premier Said to Give Up as Erdogan Tightens Grip (BBG)
 
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"We All Work As A Team" - Millennials Explain How It's Going Living 'Rent-Free' At Home





"I had an apartment in Chicago. It was tiny and expensive. I was miserable. I moved back... My parents have done so much for me, and now they're letting me live here rent-free, so I try to help out. I pick up my sister from school, do the dishes or whatever chore needs to be done. My mom makes dinner. We all work as a team."

 
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Venezuela Economy Literally Grinds To A Halt As Maduro Orders "Five Day Weekend" For Public Workers





Overnight things went from comical to farcical overnight when the Venezuela gift kept on giving, and the nation expanded the three-day weekend to five days, declaring a two-day work week for government workers, adding it was seeking international help to save its power grid amid a drought that threatens the capital’s main source of electricity. The two-day work week, after the government added Wednesdays and Thursdays as non-working days to save more power.

 
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Frontrunning: April 26





  • The Fed Is Meeting in April to Talk About June (BBG)
  • Global stocks, oil prices climb as investors ready for Fed (Reuters)
  • Apple Results to Show How Far iPhone Sales Have Fallen  (BBG)
  • On Election Eve for five states, Trump rips Cruz and Kasich (Reuters)
  • President Xi Jinping’s Most Dangerous Venture Yet: Remaking China’s Military (WSJ)
  • Oil's Recovery Inches Higher as 'Fracklog' Awaits Price Trigger (BBG)
 
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Frontrunning: April 25





  • Obama sending more forces to Syria to consolidate gains against Islamic State (Reuters)
  • Global stocks, dollar stumble ahead of Fed, BOJ meetings (Reuters)
  • The Rise and Deadly Fall of Islamic State’s Oil Tycoon (WSJ)
  • Oil Producers Lock In Once-Snubbed Prices (WSJ)
  • Yellen's Scope for Summer Rate Hike Widens as ECB Signals a Hold (BBG)
  • 11,000 jobs at risk as BHS teeters on brink (The Times)
 
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Another Chicago Record: 1,000 Gunshot Victims In Shortest Time In Decades





A 16-year old boy who was shot in the knee marked the 1,000th gunshot victim in Chicago this year, as the city returns to a level of shootings not seen since the 1990's. This past Wednesday, Chicago reached 1,000 victims months earlier than the previous four years. The number of shooting victims year-to-date is up 66.7% from 2015, and 107% from 2014.

 
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"America First" - The Trump Slogan the Establishment Hates





Why do they hate Donald Trump? Why has the Establishment pulled out all the stops in an effort to smear him, stop him, and crush him underfoot?

 
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