This afternoon, we showed that even as stocks were pushing back to all time highs, a part of the Treasury market was turmoiling as the "debt ceiling" T-Bill spread (Sept/Oct) blew out to the widest level on record.
Via StockBoardAsset.com,
President Donald Trump has signed an executive order clearing the way for local police in America to receive military gear such as grenade launchers, high-calibre weapons, and armored vehicles. Trump and the DOJ have just reversed former President Barack Obama’s restrictions that allows local police departments to receive surplus military equipment.
Per ABCNews,
President Trump is expected on Friday to announce plans to end the Obama-era Deferred Action for Childhood Arrivals (DACA) program which gave a deportation reprieve to hundreds of thousands of young illegal immigrants also known as "dreamers", Fox News reports. Under DACA, nearly 800,000 people brought to the country illegally as children received work permits and deferral from deportation.
A new letter from Senators Chuck Grassley and Lindsey Graham reveal testimony from new witnesses suggesting that former FBI Director James Comey had already started drafting documentation exonerating Hillary Clinton long before interviewing key witnesses, including Hillary herself.
Update: Russia's response was quick:
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Tit for tat.