Moments ago, the Hollywood Reporter released the much anticipated Michael Wolff interview with Steve Bannon, the controversial president-elect's chief strategist. As a preface, Wolff reveals that Bannon - unlike virtually anyone else in the "credible" media - predicted exactly how things would play out:
Police in Michigan have been using online surveillance to monitor social media comments made about the Flint water crisis, according to emails released by Governor Rick Snyder’s office. The emails reveal that there had even been an attempt to press charges against one man over a Facebook post in which he criticized the governments handling of the crisis. RT reports: Although being reported by Michigan Live only now, the revelation initially came from an April 15 document dump by the administration of Michigan Governor Rick Snyder.
While the market is still enjoying the post-NFP weekly data lull, economic data starts to pick up again in the coming days, alongside the start of the reporting season. Below are this week's key events.
From DB, a brief recap of all upcoming global events:
With a particularly quiet start to the week today and no notable releases due out, we’re jumping straight ahead to tomorrow where the early data is out of Germany with the confirmation of the final March CPI data.
It may be option expiration day (always leading to abnormal market activity) but it remains all about the weak dollar, which after crashing in the two days after the Fed's surprisingly dovish statement has put both the ECB and the BOJ in the very awkward position that shortly after both banks have drastically eased, the Euro and the Yen are now trading stronger relative to the dollar versus prior.
A Michigan judge has been ordered by a circuit court to stop putting defendants in jail because they can’t afford to pay court fines. The district judge will now consider a defendant’s job status, assets, basic living expenses and any other special circumstances that might affect their ability to pay. RT reports: The court order was a victory for the Michigan chapter of the American Civil Liberties Union, which sued Eastpointe Judge Carl Gerds III over what it called an unconstitutional practice.