Business

In a weekend of little macro newsflow facilitated by the release of the latest Star Wars sequel, the biggest political and economic event was the Spanish general election which confirmed the end of the PP-PSOE political duopoly at national level, with Rajoy's leading block losing the absolute majority it had enjoyed since the last elections while rewarding the anti-austerity Podemos and the liberal Ciudadanos party, who between them took 109 seats in the 350-member parliament. As a result no clear governing majority emerged.

Submitted by Adam Taggart via PeakProsperity.com,

Financial repression authority Daniel Amerman returns this week to discuss the ramifications of the Federal Reserve's first interest rate hike in nearly a decade:

Submitted by Jeffrey Snider via Alhambra Investment Partners,

The Bernie Sanders campaign announced Sunday that the campaign has now received over 2.3 million contributions. That means Sanders now holds the record for highest number of contributions for a White House bid, breaking the record held by President Barack Obama in 2011.

The wrongdoings of major corporations, and even entire industries, are now so commonplace that one hardly has to root them out at all. Their corruption is constantly oozing to the surface of today's fetid corporate swamp on its own. Not content with merely making a profit, CEOs are out to make a killing -- no matter what it costs the rest of us.