Submitted by Wayne Madsen via The Strategic Culture Foundation,
Although multi-billionaire hedge fund tycoon and international political pot-stirrer George Soros lost big with the election of Donald Trump as president of the United States and the victory of the Brexit referendum in the United Kingdom, he stands to lose further ground, politically and financially, as the winds of political change sweep across the globe.
While we remain in the purely abstract, theoretical and hypothetical realm of Trump tax reform - there have been no concrete proposals floated yet, with Trump as recently as a week ago slamming the critical border-adjustment tax, only to full reverse himself on it just a few days later - Bank of America has created a useful matrix taking a deep dive into the potential (and we do underline the word potential, because at this rate Trump may spend much of his first year dealing with immigration reform and Obamacare) implications of Trump's tax reform.
"I don't buy it at all" exclaims Gluskin Sheff's David Rosenberg in a recent interview with MacroVoices.com, "look all I'll say is that in 2009, 2010 when the Fed embarked on QE, along with 0% interest rates every Tom, Dick and Harry portfolio manager and bond market pundit out there was screaming about the end of the secular bull market in bonds," and they were all wrong.
http://publisher.podtrac.com/player/NzE4NDQ1/NzU1
Submitted by Patrick Ceresna via Macrovoices.com,
Less than 48 hours after announcing his executive order on refugees, global opposition to Trump intensified on Sunday as world leaders, US (mostly tech) companies and civil rights groups condemned the move to temporarily limit entry from predominantly Muslim countries.
Here are the latest updates in the ongoing saga as of noon on Sunday:
Following a tumultuous night, in which late on Saturday evening a Brooklyn Federal Judge issued a partial ban on Trump's immigration order, on Sunday morning the Department of Homeland Security issued a statement saying it planned on continuing to “enforce all of the president’s executive orders in a manner that ensures the safety and security of the American people.” The DHS said the court order would not affect the overall implementation of the White House order and the court order affected a small number of travelers who were inconvenienced by security procedures upon th