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After Getting Almost Nothing Right In 2016, Here Are Byron Wien's "Ten Surprises" For 2017

Having gotten virtually none of his "surprise" forecasts for 2016 right - among which that the S&P will decline (after it was supposed to rise by 15% in 2015 when it closed red for the year), the 10Y will not rise above 2.50%, Hillary Clinton will defeat Ted Cruz in the presidential election, Democrats will gain control of the Senate, Chinese growth drops below 5% as the country's banks "get in trouble", crude oil remains in the $30s, and global growth falls to 2% (he did correctly predict just one rate hike, and the continuation of the European refugee crisis), today

Can Trump And Putin Avert Cold War II?

Submitted by Patrick Buchanan via Buchanan.org,

In retaliation for the hacking of John Podesta and the DNC, Barack Obama expelled 35 Russian diplomats and ordered closure of their country houses on Long Island and Maryland’s Eastern shore.

Foreign Minister Sergei Lavrov warned that 35 U.S. diplomats would be expelled. But Vladimir Putin stepped in, declined to retaliate at all, and invited the U.S. diplomats in Moscow and their children to the Christmas and New Year’s party at the Kremlin.

Tesla Reports Big Miss In Car Deliveries For The Quarter And 2016

Tesla Reports Big Miss In Car Deliveries For The Quarter And 2016

Another quarter, another disappointing delivery announcement from Tesla, which moments ago reported that for the fourth quarter and full year, had delivered 22,200 and 76,230 vehicles, well short of Wall Street estimates of 25,000 for the quarter and shy of the full year goal of 80,000. To mitigate the disappointment, Tesla explained that its "Q4 delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct." Which, of course, is how all other carmakers define their deliveries as well.

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