Politics

After trying (and so far failing) for a year to prove that President Trump and/or members of his campaign team colluded with Russia to throw the 2016 election, Democrats have now decided to pivot to a slightly tweaked new narrative which suggests the President may actually be colluding with China instead. 

As the Washington Examiner points out today, just as Trump gets set for meetings in China tomorrow, Senator Richard Blumenthal has suddenly taken a new interest in the Industrial and Commercial Bank of China which rents commercial space in Trump Tower.

Remember when we declared the Trump tax reform effort officially "dead on arrival" yesterday after Senator John McCain affirmed that he would vote against anything that resembles the House bill in its current form? McCain’s opposition, by our count, brought the number of ‘no’ votes to three: Aside from McCain, Maine Senator Susan Collins said she would vote against the bill, as did Tennessee Senator Bob Corker.

Donna Brazile’s new book is out, and reporters at the Daily Caller, who apparently have already combed through the book, have published a series of stories summarizing the book’s most embarrassing and shocking allegations about the Clinton campaign and DNC.

Their reporting shows Brazile taking aim at other erstwhile political allies like former President Barack Obama, whom she blamed for leaving the DNC in disarray, while also revealing who she believes may have been responsible for Seth Rich’s murder.

Bonds and Bullion continue to lead after this weekend's 'pre-emptive coup' in Saudi Arabia but stocks have given up their gains and the dollar is sinking once again...

Small Caps are under the most pressure for now - perhaps as hope for tax reform fade...

As HY credit signals perhaps more pain to come for small caps...

Last week, the financial world was shaken when billionaire Robert Mercer, co-CEO of RenTec which is arguably the world's most profitable and secretive hedge fund, announced he was quitting on Jan 1, 2018.