One of the catalysts behind the surge in bank and financial stocks since the Trump victory, has been the market's expectation that the new administration will repeal Dodd-Frank, and thus undo years of regulatory hurdles that have prevent banks from engaging in everything from prop trading to levering substantially higher, and have cost them billions in legal fees and settlements.
Former congressman Ron Paul has revealed a list of who he claims are the real “fake news” journalists. On his website, Paul claims that the list contains those who are responsible for telling us that Iraq had weapons of mass destruction and ied us into multiple bogus wars. They also lied about Hillary Clinton’s chances of winning the election.
The pollsters have done it again. Just four days after the Independent reported that pollsters said Marine Le Pen has "next to no chance" of winning the French presidency...
Pollsters say Marine Le Pen has next to no chance of winning the French presidency https://t.co/b6pi8zjmdY
— The Independent (@Independent) November 16, 2016
As China's president Xi was setting the stage for a new regional free-trade deal dubbed the Free Trade Area of Asia-Pacific at the Asia-Pacific Economic Cooperation summit in Lima, Peru now that Obama's TPP has suffered a quiet death, a new geopolitical axis was being formed.
Despite some rumors and speculation that Merkel may call it a day after being the most important woman in Europe for over a decade, having served as chancellor of Europe's biggest economy for 11 years, on Sunday Merkel told leading members of her conservative Christian Democrats (CDU) that she wants to run for a fourth term as chancellor in next year's election, senior party sources told Reuters and German DPA agency.