presidential election

Francois Fillon has confirmed that he will stay in the race for the French presidential election following a rally he said proved his legitimacy as candidate. Taking a jab at the Republican Party establishment's pressure for hism to step aside, he exclaimed "I am innocent, no one has the power to force me to step down, it’s my decision." While his odds of victory remain low (sub-10%), we do note Le Pen's odds dropped below 30% for the first time in six weeks.

By EconMatters

We discuss the Jeff Sessions controversy in this video for the Trump Administration, and why it is obvious that Sessions needs to step down, as it is bad precedent for the Attorney General to be caught lying under oath at the confirmation hearings.

It appears President Correa's "intention to safeguard [Assange's] life and physical integrity until he reaches a safe place," is under threat as The Miami Herald reports that Guillermo Lasso, the front-runner in Ecuador’s presidential election, says he intends to evict Assange from that country’s London embassy if he wins the April 2 runoff against ruling party candidate Lenín Moreno.

Following Trump's stunning allegation that Obama wiretapped the Trump Tower in October of 2016, prior to the presidential election, which may or may not have been sourced from a Breitbart story, numerous Democrats and media pundits have come out with scathing accusations that Trump is either mentally disturbed, or simply has no idea what he is talking about.

The relentless, steady, monotonous levitation to all time highs keeps chugging along: while last week saw the S&P experience its first 1% intraday move in nearly two months, there has yet to be a comparable move on the downside. As Deutsche Bank notes, pull backs of 3-5% in the S&P 500 are typical every 2 to 3 months historically. The last such pull back occurred just prior to the US presidential election.