John Podesta slapped the Daily Caller with a cease-and-desist letter after the conservative news outlet published a story alleging that the former Clinton campaign chairman violated federal laws by failing to disclose the receipt of 75,000 shares of stock from a Kremlin-financed company when he joined the Obama White House in 2014.
Authored by Mike Krieger via Liberty Blitzkrieg,
Open the Books is back in the spotlight today with another deep-dive report, this time looking into U.S. taxpayer subsidies, tax breaks and federal payments into Ivy League colleges.
Below are a few key findings from the report, titled: Ivy League, Inc.
As RBC pointed out earlier today, there were two key drivers (in addition to month end "black box" rebalancing) behind today's volumeless equity rally: the jump in the dollar, which rose on the previously discussed Fed-ECB policy divergence as well as upward revisions to Q4 GDP, and which has put the BBG dolar index on track for its first weekly advance in three ...
Authored by Nick Cunningham via OilPrice.com,
Thousands of drilled shale wells are sitting idle, unfracked and uncompleted.
According to RBC's cross-asset strategist, Charlie McElligott, two things are behind today's (painfully volumeless) market rally: i) a return of "policy divergence", following yesterday's hawkish announcements by the Fed ("up to 4 hikes") offset by dovish hints by the ECB, which in turn is powering the dollar higher, and ii) OPEC "deal extension speculation" pushing oil prices higher. The result: the general reflation trade is back on.