Politics

Despite constantly being told the market's rally has nothing to do with President Trump (as he claims ownership), stocks, bond yields, and the dollar all stumbled notably when two unnamed sources familiar with the matter reportedly said Special Counsel Robert Mueller has impaneled a grand jury in Washington to investigate allegations of Russia’s interference in the 2016 elections.

While stock investors 'bought the dip', The Dollar and Bond Yields remain near the lows.

In an otherwise boring day, Trump sparked some excitement earlier today when he announced that he will make a "very big announcement" during a planned rally in West Virginia tonight. Moments ago, the NYT spoiled the surprise when it unveiled what the announcement is: West Virginia Gov. Jim Justice, a Democrat who was elected last year even as President Trump carried the state by 42 points, is expected to announce Thursday night at a rally with Mr. Trump that he is changing parties.

Update: Reuters adds that Grand Jury subpoenas have been issued in connection with the June 2016 meeting between Donald Trump Jr., Russian Lawyer and others.

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Two separate bills - both with bipartisan backing from two Senate Judiciary Committee members - are being put forth to protect Special Counsel Robert Mueller's job. As NBC News reports, the new legislation aims to ensure the integrity of current and future independent investigations, and "ensuring that the special counsel cannot be removed improperly is critical to the integrity of his investigation."

Trump Will Now Become the War President

Paul Craig Roberts

President Trump has been defeated by the military/security complex and forced into continuing the orchestrated and dangerous tensions with Russia. Trump’s defeat has taught the Russians the lesson I have been trying to teach them for years, and that is that Russia is much more valuable to Washington as an enemy than as a friend.