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Frontrunning: April 21

  • World stocks gain along with oil, clock ticks down to ECB (Reuters)
  • Draghi Expected to Defend ECB in Face of German Criticism (WSJ)
  • Trump, Cruz, Kasich seek to win over Republican leaders at party meeting (Reuters)
  • Donald Trump Plans to Adopt More-Traditional Campaign Tactics (WSJ)
  • Japan, Not Germany, Leads World in Negative-Yield Bonds (BBG)
  • Obama starts talks with Gulf leaders aimed at easing strains (Reuters)
  • Soros: China Looks Like the US Before the Crisis (BBG)

Futures, Crude Unchanged Ahead Of Draghi As Parabolic Move In Steel, Iron Ore Continues

Futures, Crude Unchanged Ahead Of Draghi As Parabolic Move In Steel, Iron Ore Continues

One day after stocks were this close from hitting new all time highs on what have been either ok earnings, if looking at non-GAAP data, or atrocious earnings, based on GAAP, and where any oil headline is now immediately translated as bullish by the oil algos, so far futures are relatively flat, while European stocks were at their moments ago in anticipation of the latest ECB announcement due out in just one hour.  However, unlike last month's "quad-bazooka", this time the market expects far less from Draghi.

Civil Religion—or Christianity?

Can “exceptionalism” be made safe for America? Can exceptionalism be made safe for American Christians who desire to be at the same time patriotic and faithful to their God? As long as exceptionalism remains the test of creedal orthodoxy it has been turned into, these questions will need to be answered with all the sound historical and theological judgment at our disposal.

Police Unleash Teargas After Massive Migrant Brawl Erupts At Paris Train Station

Police Unleash Teargas After Massive Migrant Brawl Erupts At Paris Train Station

It appears Europe's refugee 'problem' is un-fixed again. Riot police were called in to break up a violent clash between hundreds of migrants and a 'vigilante group' near a Paris metro station. As The Daily Mail reports, footage from Stalingrad metro, where more than a thousand migrants have been living rough, showed hundreds of men brawling with metal poles and planks of wood.  

http://www.dailymail.co.uk/embed/video/1283518.html

 

Riot police used tear gas to disperse the crowd...

 

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