"U.S. pension funds that rebalance monthly - which is most of them - will have to sell more than $12 billion of U.S. stocks in the coming days to return to prior asset allocation levels given recent rally in the stock market"
"Illinois has been losing population for four years... The state is shrinking so rapidly that it’s at risk of losing a House seat... is nothing to shrug off, because it indicates the state economy is on pace to continue its decline. And if nothing changes, people will just keep leaving."
JP Morgan Chase & Co. is joining Apple, Bank of America, Wal-Mart, Comcast and a plethora of other US corporate behemoths in rewarding the Trump administration for its success on tax reform with the jobs and bonuses that it covets.