Mexico

As a new Trump administration prepares to enter the White House, after months of promises to crack down on illegal border crossings, new data emerges that seemingly confirms that the citizens in Mexico and Central America have taken him at his word.  As data from the PewResearchCenter confirms, there has been a surge in illegal border crossings in October and November with the apprehension of people traveling as a family unit up 130% YoY. 

By Chris at www.CapitalistExploits.at

Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing.

Welcome to this week's edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity.

With Carrier setting the precedent for what future negotiations with the Trump administration may look like, Ford CEO Mark Fields has come forward to layout potential policy changes that would be important to preserving auto jobs in the United States.  Not surprisingly, per an interview with Bloomberg, Fields' opening "ask" focused on less restrictive fuel economy standards, new currency-manipulation rules to promote free and fair trade and corporate tax reform.

Shortly after he launched two tweets to address the Taiwan Snafu on Friday evening, Trump concluded his night on Twitter by calling out another Indiana manufacturing company for planning to move 300 jobs to Mexico. “Rexnord of Indiana is moving to Mexico and rather viciously firing all of its 300 workers. This is happening all over our country. No more!” Trump tweeted at 10:06pm on Friday.

Emboldened by his "victory" with Carrier Corp, which agreed to keep 1,100 workers in the US instead of outsourcing them to Mexico in exchange for $7 million in tax incentives over 10 years, as part of his victory tour in Indiana, Donald Trump on Thursday warned that U.S. companies will face "consequences" for outsourcing jobs overseas.

"Companies are not going to leave the United States any more without consequences. Not going to happen," the President-elect said on a visit to a Carrier Corp plant in Indianapolis cited by Reuters.