North America

Courtesy Marketslant.com

NASA placed a camera onboard a plane and is chasing the total solar eclipse across the sky. Even with the camera, they need a filter for viewers at certain moments

Trump and American History Have Been Assassinated

Paul Craig Roberts

When Trump was elected I wrote that it was unlikely that he would be successful in accomplishing the three objectives for which he was elected—peace with Russia, the return home of offshored US jobs, and effective limits on non-white immigration—because these objectives conflicted with the interests of those more powerful than the president.

It’s been another breakout year for Tesla. Over the course of 2017, the company’s market capitalization has soared beyond those of major manufacturers like Ford, GM, BMW, Honda, and Nissan. This thrust can be partly attributed to the company’s Model S, which reigns supreme as the top-selling plug-in electric car worldwide in 2015 and 2016.

Goldman Sachs FICC-trading income was an unexpectedly ugly blemish on what was already a poor Q2 earnings report. And while the FDIC-backed hedge fund initially blamed the decline on lower trading revenues, lack of volatility and depressed client activity...

... there was more to the story. The Wall Street Journal has uncovered what really happened: A $100 million bet on regional natural-gas prices gone awry after production problems at a local pipeline sent prices soaring, decimating Goldman’s short position.

The global risk-off mood accelerated overnight on Trump "stability concerns", coupled with fallout from the Spain terrorist attack and lingering North Korea tensions, even if the VIX is off its latest highs, trading just above 15. Investors fled into German and U.S. Treasury bonds and bought gold for the third day in a row, as the appeal of such top-notch assets grew further due to a deadly attack that killed at least 13 people in Barcelona.