Submitted by Jake Weber via GarretGalland.com,
It took only nine days in office for President Obama to be nominated for the Nobel Peace Prize.
Less than nine months later, the Norwegian Nobel Committee followed through and awarded Obama the Nobel Prize for “his extraordinary efforts to strengthen international diplomacy.” That, despite the fact Obama had no significant diplomatic accomplishments.
In his characteristic third-person style, One River Asset Management's Chief Investment Officer Eric Peters takes on all-comers in his latest letter to investors; lamenting the rapidity of losses, juxtaposing Michelle Obama's "hopeless" America with the US equity markets' near-record "hope", and denouncing the scourge of risk managers everywhere - central bankers...
Hope all goes well...
While the majority of sellside analysts predict that the impact of Trump's fiscal stimulus policies will be largely beneficial for US inflation and economic growth, if only in the short-term, with a knock on reverse effect following shortly after...
... one prominent strategist disagrees.
According to a recent report from Gluskin Sheff's David Rosenberg, in which he lays out is "out-of-the-box" call for 2017, "Trump will accidentally engineer a return to the disinflation trade" in the coming year, well ahead of most expectations.
Facebook's war on 'fake news' has skeptics asking: Who decides? … Facebook’s big crackdown on so-called “fake news” has one glaring fault, according to critics: Who gets to say what’s real and what’s not? – Fox News
Facebook, which is rapidly becoming the largest “news” agency in the world, intends to use a selected group of supposedly non-government facilities to determine what’s fake or not when it comes to news dissemination on its vast ‘Net site.
Yesterday we noted Michelle Obama's appearance on Oprah in which she hinted that Trump's election was the end of "hope" for America, saying "now we're feeling what not having hope feels like."