Business

Authored by Sven Henrich via NorthmanTrader.com,

I can’t help shake this sinking feeling: This tax cut package that is being peddled by the current administration is a scam. Why? Because the entire narrative is dishonest and predicated on false, make belief premises.

• Trump Declares New World-Trade Order (WSJ)
• Trump brings tough trade message in vision for Asia (Reuters)
• Trump Offers Trade to Asian Nations But Only If They Play Fair (BBG)
• Flynn Probed Over Alleged Plan to Send Back Turkish Cleric (WSJ)
• GOP’s Dueling Tax Overhauls Struggle to Pass a Key Red Ink Test (BBG)
• Trump's CNN attacks may hobble legal case to block AT&T-Time Warner deal (Reuters)
• Bigger Than Black Friday, Alibaba’s ‘Singles Day’ Faces Fatigue in China (WSJ)

That was quick.

Trudeau's Selfies Won't Cut It

Contributed by Sprott Money News

For original click HERE.

By Peter Diekmeyer 

November 6, 2017

When Justin Trudeau took office as Prime Minister two years ago, he also took on the Minister of Youth portfolio. It was a tough assignment, atop a government infrastructure designed from its core to disregard the interests of Canadian youth.

Yesterday's Japan flash-crash inspired selling continues for a second day, with global equities - and bonds - sliding early Friday on concerns U.S. tax reform - and corporate tax cuts - will be delayed after Senate Republicans unveiled a plan that differed significantly from the House of Representatives’ version. After suffering their biggest plunge in 4 months on Thursday, European stocks failed to find a bid along with Asian stocks, while U.S.