presidential election

• Dollar dips, stocks fall as Trumpflation trade pauses (Reuters)
• A profile of RenTec's Medallion fund: Inside a Moneymaking Machine Like No Other (BBG)
• Mattis, Christie, Giuliani in contention for top posts (Reuters)
• Paulson’s Big Long: A Bet on Trump Yields Power and Profit (BBG)
• Ex-PM Fillon is favorite to win French conservative presidential ticket (Reuters)
• In weekend of deliberation, Mattis favored for Trump Pentagon chief (Reuters)
• Citigroup Leads U.S. Banks Higher in Global Systemic Risk List (BBG)

With the Trumpflation euphoria easing back slightly overnight, leading to a modest paring in the USD index and US Treasury yields, Asian and European stocks rose, while US equity futures rebounded to just shy of new all time highs, as crude jumped on renewed optimism that OPEC will agree to cut output; Italian equities underperformed ahead of the Italian referendum; metals rebounded from last week’s losses as yields dropped and the dollar halted its longest winning streak versus the euro.

As ballots continue to be counted in the 2016 presidential election, Hillary Clinton continues to widen the gap in terms of the popular vote. As of now she has received over 1.5 million more votes than President-elect Donald Trump nationwide. Trump won the election in a spectacular fashion, but his presidency will be marred by the fact that it is the biggest loss for a winning candidate in terms of the popular vote. Hillary Clinton has by far the biggest popular victory in terms of numbers for a candidate who was defeated.

Submitted by Jim Quinn via The Burning Platform blog,

 The following article by David Haggith was published first on The Great Recession Blog:

When Donald Trump would not state with certainty that he would accept the election results before even knowing what the results were or how they might come about, liberals wrung their hands all over the media in grief over the loss of democracy as we know it. Hillary, herself, decried that she had never heard anything so anti-democratic and unAmerican in her life.