Frontrunning: February 19

  • Russian Curler Fails Drug Test, Authorities Explore Sabotage Possibility (WSJ)
  • Here’s Who Is Winning in the Pyeongchang Winter Olympics (BBG)
  • U.S. Oil Exports Go Up a Gear as Supertanker Sets Sail for China (BBG)
  • Iranian Airline Bought U.S. Jet Parts Through Front Firms (WSJ)
  • One CEO Says Dalio Will Lose on European Bank ‘Big Short’ (BBG)
  • Feb 19, 2018 9:02 AM
  • 5

Russian Meddling: Gagging On The Irony

"If the citizenry cannot replace a kleptocratic authoritarian government and/or limit the power of the financial Aristocracy at the ballot box, the nation is a democracy in name only."

  • Feb 19, 2018 8:45 AM
  • 92

Kurdish Fighters Strike Deal With Syrian Army To Drive Turks Out

Confirming that the "enemy of my enemy is my friend", YPG Kurdish fighters in north-western Syria - who recall are backed by the US - have struck a deal with the Russia-backed Assad regime for Syrian forces to enter the Afrin region and repel an ongoing Turkish offensive.

  • Feb 19, 2018 8:09 AM
  • 132

Asia, S&P Futures Rally, Europe Falters With US, China On Holiday

With the US on holiday for President’s Day and many Asia markets still closed for Lunar New Year holidays, it has been a quiet start to the week, even as last week's dollar turbulence has resumed, while S&P futures are doing their best to levitate without anyone manning the controls.

  • Feb 19, 2018 6:44 AM
  • 5

Here's Why Banks Hate Cryptocurrencies

Banks like to pretend that they're so much more established and secure than the world of cryptocurrencies, but as anybody who pays close attention to the headlines would know... that's just not the case...

  • Feb 19, 2018 2:45 AM
  • 85

China Threatens To Retaliate If US Imposes Metal Tariffs

"The spectrum of national security is very broad and without a clear definition it could easily be abused. If the final decision from the US hurts China’s interests, we will certainly take necessary measures to protect our legitimate rights."

  • Feb 18, 2018 9:03 PM
  • 161

A Key Inflation Indicator To Watch, Part 1

"... it’s important to remember that the money–GDP correlation is merely a byproduct of a lending–GDP correlation. Bank lending, not money, is the driving force... economists built a discipline (mainstream macro) on a false premise so significant it can’t be corrected without starting over..."

  • Feb 18, 2018 7:35 PM
  • 52