Rubio’s campaign now seems to be consciously following in Giuliani’s footsteps:

Under pressure to emerge as the Republican mainstream’s presidential contender, Florida Sen. Marco Rubio is increasingly relying on a national strategy as he lowers expectations for February’s primary contests.

He’s betting big that Republican voters across the political spectrum will ultimately coalesce behind his candidacy in the state-by-state slog for delegates his team envisions for the months ahead.

A couple of readers have sent me a column by the Catholic priest Fr. Dwight Longenecker, in which he lists Twelve Reasons Why Progressive Christianity Will Die Out. Here’s how he sets up the list:

History repeats, if you're just willing to listen. The "Dead-Cat-Bubble" is dead as global stocks enter a bear market (down 20% from May 2015 highs) and US equities catch down to the rest of the world.

• *MSCI'S ALL-COUNTRY WORLD INDEX EXTENDS DROP TO 20% FROM RECORD

h/t @TrueSinews

Trillions in printed money around the world and its deja vu all over again for the idiocy of "wealth creation"-driven sustainable consumption.

And it's getting worse:

Academic freedom is something I’ve written about a good deal over the years—and quite recently—which I suppose has been inevitable, since if you teach at a religiously-based institution you always hear that the problem with such places is that they constrain academic freedom.

Gross: Davos fiddles while global markets burn. Monetary policy increasingly ineffective. Fiscal stimulation non-existent.

— Janus Capital (@JanusCapital) January 20, 2016