America

It appears Jamele Hill gave more Americans than she hope an idea when she urged protesters to - 'hit them in the wallet' - but this time it is a Louisiana sheriff's office that is boycotting Ford over the automaker's decision to support NFL players' right to peacefully protest during the national anthem.

As a reminder, earlier in the week NFL Commissioner Roger Goodell flip-flopped from his original anti-Trump stance, issuing a statement that:

Four months ago, when looking at the latest S&P/Bankcard data, we first reported that credit card defaults had surged the most since June 2013, a troubling development which ran fully counter to the narrative that the economy was recovering and the US consumer's balance sheet was improving.

Authored by Andrew Zatlin via MoneyballEconomics.com,

Total Retail Spend Grows On Hurricane-Linked Demand

First, I want to point out that the two hurricanes that have devastated Texas, Florida, and Puerto Rico have been horrible.

Hundreds of thousands, if not millions of peoples’ lives were affected. And their circumstances have changed dramatically over these past couple months.

BUT… these hurricanes were a positive for economists looking for a boost in spending.

In what may be the final nail in President Trump's tax reform proposal, months after the White House proposed ending a tax break for people in high-tax states - which would suggest Trump had more than enough time familiarize himself with how it all works -  Trump reportedly "grew angry" when he learned that the change would hurt some middle-income taxpayers, Bloomberg reports citing people familiar with his thinking.

Authored by Kevin Muir via The Macro Tourist,

Although US stock markets are getting all the attention, Japan is quietly knocking up against 20-year highs.