Following Newt Gingrich's comments yesterday that Donald Trump no longer wants to drain the swamp, it appears the president-elect is not best pleased with this narrative...
Someone incorrectly stated that the phrase "DRAIN THE SWAMP" was no longer being used by me. Actually, we will always be trying to DTS.
— Donald J. Trump (@realDonaldTrump) December 22, 2016
Submitted by Charles Hugh-Smith via OfTwoMinds blog,
If you create and distribute money only in the apex of the wealth/power pyramid, it can only benefit the few rather than the many.
There are numerous debates about money: what it is, how we measure it, and so on. In recognition of these debates, I'm referring to "money" in quotes to designate that I'm using the Federal Reserve's measure of money stock (MZM).
Just over a year ago, Weight Watchers shorts were crushed when Oprah Winfrey announced she had purchased a 10% stake in the diet company, sending its stock soaring following a furious short squeeze. Following that news, we noted that "going forward every move in the company stock would be a reflection, literally, of what Oprah Winfrey looks like, and certainly her weight, at any given moment is" as she, both a stakeholder and the most prominent customer of the company's products, would also become its biggest, pardon the pun, proxy.
By EconMatters
There are a lot of concerns out there that has the market terrified, investors are just hoping like hell they don`t lose money before the year is out because they can`t sell due to tax costs. Forget the Market Pullback, we may have a market crash in 2017 if Trump starts a Trade War with China!
Submitted by Peter Tertzakian via OilPrice.com,
There’s less than two weeks left before the 2016 calendar gets tossed. So for the pundit community it’s time to publish the obligatory list of, “What to Watch For in in the New Year”.
It’s pointless to list the obvious. For oil and gas, pundits know that things like OPEC compliance, U.S. rig counts, pipeline angst, and Chinese consumption are on a long list of standard items that are obligatory to parse from our cluttered news feeds.