Africa

While in previous monthly letters and public statements, Bill Gross has expressed a negative view of Donald Trump, warning his tenure would be damaging, and urging investors to move to cash, culminating most recently in a Bloomberg interview in which he compared the president-elect's policies to those of Italy's fascist dictator Benito Mussolini, in his latest monthly investment outlook he takes a more practical view of what Trump's policies would mean for markets, and specifically the one variable he believes is the key for market action going forward.

Submitted by Soeren Kern via The Gatestone Institute,

Bitcoin is no stranger to extreme fluctuations. As Visual Capitalist's Jeff Desjardins notes, for each of the last four years, the cryptocurrency has either been the best or the worst performing currency – with nothing to be found in between.

In the West Junk Information And Junk Judgment Prevail

Paul Craig Roberts

As the Dollar Index surged post-manufacturing data, WTI Crude began to lose altitude from its overnight ramp. Combined with ongoing concerns over Libya's production ramp, crude just crashed from over 55.00 to under 53.00 in minutes on heavy volume...

It seems the catalyst was the USD index breaking recent highs...

But now both Oil and the dollar are tumbling...