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Recipe For Civil War - Between The Loathsome & The Unspeakable

Submitted by Howard Kunstler via Kunstler.com,

How reassuring is it to Hillary, exactly, that she won what amounted to a straw poll totaling less than 11,000 votes among the various Nevada hotel employees unions? You could tell from her pained, artificial smile at the victory podium that there is something booby prize-ish about that narrow triumph. And what was with the metallic red outfit that had her looking like a previously-owned Christmas tree ornament? Maybe her handlers put her in Kevlar for the occasion.

WTI Surges Above $33 Despite IEA 'Glutter'-For-Longer Warnings

WTI Surges Above $33 Despite IEA 'Glutter'-For-Longer Warnings

WTI crude prices are up almost 6% this morning with April (the new front-month) trading above $33.50 - testing post-DOE plunge stops. The irony of the ramp is that it comes amid terrible global PMIs (demand), a report from IEA of oil staying in glut for longer than expected (supply), and warnings from Abu Dhabi's biggest bank that $20 oil is possible. Oh well, we are sure the algos know what they are doing... despite veterans of the 1980s oil glut warning it could take 7 to 10 years to emerge from the current slump.

Jeb Bush Ends His Presidential Campaign

Republican presidential candidate Jeb Bush announced on Saturday night that he would leave the 2016 Presidential race, after a disappointing finish in South Carolina. Donald Trump may have helped destroy Jeb’s candidacy by repeatedly challenging him on 9/11 by saying that the terror attack was the fault of his brother George W. Bush Or perhaps America has had enough of the Bush family… Press TV reports: Bush, who was once considered Republican frontrunner, finished in sixth place in the Iowa caucuses and in fourth places in New Hampshire and South Carolina.

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