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America

Is A New Era Upon Us?

Submitted by Patrick Buchanan via Buchanan.org,

Whoever wins the nominations, the most successful campaigns of 2016 provide us with a clear picture of where the center of gravity is today in both parties and, hence, where America is going.

Bernie Sanders, with his mammoth crowds and mass support among the young, represents, as did George McGovern in 1972, despite his defeat, the future of the Democratic Party.

Trump Still Alive After Iowa

No post-Iowa polls have appeared at this writing, but everyone wants to know whether Donald Trump’s New Hampshire lead will survive his supposedly surprising defeat in Iowa. Of course, finishing second in Iowa wasn’t really astonishing: the New York Times pointed out two weeks ago that his ground organization in the state was more or less pathetic. NBC’s Chuck Todd observed, correctly I think, that Trump might have finished third or fourth if he hadn’t made a desperate push there in the last two weeks—like cramming for a final after not going to classes all semester.

Europe Falls, U.S. Futures Rise As Oil Halts Two-Day Plunge

Europe Falls, U.S. Futures Rise As Oil Halts Two-Day Plunge

While the biggest news of the night had nothing to do with either oil or China, all that mattered to US equity futures trading also was oil and China, and since WTI managed to rebound modestly from their biggest 2-day drop in years, continuing the trend of unprecedented, HFT-driven volatility which has far surpassed that of equities and is shown in the chart below...

Is Trump a Realist?

If Donald Trump has distanced himself from some of the positions held by two of the powerful wings of the conservative movement—free marketeers and evangelical Christians—he has provoked a fury among members of the third GOP wing, the neoconservatives, who for all practical purposes dominate the party’s foreign policy thinking.

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