presidential election

According to a Stanford-NYU study, so called ‘fake news’ circulated on social media did not change the outcome of the 2016 Presidential election. Releeased last month, the study entitled “Social Media and Fake News in the 2016 Election,” NYU economics professor Hunt Allcott and Stanford economics professor Matthew Gentzkow conducted a series of tests to determine which ‘fake news’ articles were being circulated, how much they were shared and viewed, and what impact they had, if any, on voters.

By Nicholas Colas of Convergex

E Pluribus Google (Trends)

After doing virtually nothing to help underwater homeowners for 8 years, Obama acted to slightly reduce mortgage insurance payments.

But there’s a catch …

Obama made sure the program to reduce mortgage insurance wouldn’t start to happen until after Trump became president:

The White House has backtracked on a report it is rolling back sanctions on Russia's Federal Security Service, the successor agency to the KGB,  after the Treasury Department announced an amendment to put measures in place by former President Obama in response to Russian interference in the 2016 presidential election.

The FSB was one of several entities sanctioned by Obama in December related to Russian hacking of Democratic political organizations and operatives. The FSB must also approve certain technology imports to Russia per domestic law.