Over the weekend, we were surprised to read that none other than recent market cheerleader Goldman Sachs had come up with six reasons why its chief equity strategist believes the market is poised for a material draw down (read "big drop") in the coming weeks. Among these were the following:
McKay Coppins reports on Paul Ryan’s willingness to hew to the party line:
But those who expected Ryan’s ideological conviction to compel an audacious war against his own party’s presidential nominee misunderstood him. He has not gotten to where he is by making trouble. He is, at his core, a good soldier.
If the US presidential election has devolved into a comical soundbite free-for-fall, then the UK has its hands full with Brexit, and how the two opposing camps are approaching the UK's vote to exit the Eurozone on June 23.
Following a recent vocal critique by Mark Cuban of the state of the 2016 presidential election, the billionaire owner of the Dallas Mavericks said that Anti-Trump Republicans courted him to run for president in a third-party bid, according to a WaPo report. Cuban, who rejected the advances, nonetheless expressed confidence about his ability to take on the presumptive GOP nominee in an election.