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Frontrunning: March 2

  • Trump, Clinton capture key wins on Super Tuesday (Reuters)
  • Hillary Clinton Triumphs in Delegate-Rich Super Tuesday States (WSJ)
  • S&P 500 Futures Follow Oil Lower, Erase Gain After Super Tuesday (BBG)
  • Oil below $37 as U.S. inventory rise counters output freeze plan (Reuters)
  • Wall Street's big short: President Donald J. Trump (Reuters)
  • Ex-Chesapeake CEO McClendon Indicted Over Lease Bid Rigging (BBG)
  • Port Sale Highlights Western Australia’s Sinking Fortunes (WSJ)

Furious Rally Fizzles Overnight As Futures Follow Oil Lower

Furious Rally Fizzles Overnight As Futures Follow Oil Lower

Following yesterday's torrid 2.4% March opening rally, which resulted in the biggest S&P gain since January and the best first day of March in history on what was initially seen as very bad news, and then reinterpreted as great news, overnight futures have taken a breather, and erased a modest overnight continuation rally to track the price of oil lower.

The Saudis Are Pissed Off With The American Quran

The American Quran is a new English translation of the Muslim holy book, that believers believe was dictated by god to his prophet Muhammad in a serious of visions. The book aims to explain Islam to the world in a way that is not confined to the rigid Wahhabi interpretation of a typical Saudi version. The Daily Beast reports: A new translation of the Quran, with commentary, is causing a stir—and maybe something of a revolution—in the world of English-speaking Muslims. Why’s that?

Refugee Crisis In Greece Turns Violent, Government Asks Europe For Help

Over 6,500 migrants are stuck on the border between Greece and Macedonia after the the Former Yugoslav Republic of Macedonia’s (FYROM) reduced the number of refugees allowed to enter the country.  Macedonian police fired tear gas in order to restrain the migrants being held at the metal fence, as former Greek diplomat Leonidas Chrysanthopoulos urged Europe to help deal with what he says is a ‘humanitarian crisis’. RT.com reports: RT: From your viewpoint does the current Greek crisis mark an apocalypse for the EU and the state itself? Leonidas Chrysanthopoulos: Yes, it is interrelated.

Hillary Clinton: As Big a Warmonger As Bush/Cheney

Bush and Cheney launched two disastrous and totally unnecessary wars which increased terrorism and undermined America’s standing in the eyes of the world.

Hillary Clinton is at least as bad …

She is largely responsible for the war in Syria, which is plunging the Middle East and Europe into chaos.

The New York Times confirms that Clinton is responsible for the violent regime change in Libya, which was also completely unnecessary.

Hillary is largely responsible for the bombing of Yugoslavia … another wholly unnecessary war.  Diana Johnstone writes:

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