S&P 500

The dollar jumped the most in two weeks, pushing Treasury yields as much as 6bps higher (before easing back) with US equity indexes primed for a another record-setting day after Senate Republicans approved a reduction in the corporate tax rate as part of a sweeping overhaul, giving a boost to President Donald Trump’s stimulus plans. The key market catalyst was the US Senate passing the tax reform bill through a vote of 51 vs 49 just before 2am on Saturday morning.

Submitted by Eric Peters, CIO of One River Asseet Management

Via Dana Lyons' Tumblr,

Despite the S&P 500's jump to new all-time highs, trading in the short-term volatility market is signaling elevated levels of fear.

Authored by Chris Martenson via PeakProsperity.com,

I hate to break it to you, but chances are you're just not prepared for what’s coming. Not even close. 

Don't take it personally. I'm simply playing the odds.

After spending more than a decade warning people all over the world about the futility of pursuing infinite exponential economic growth on a finite planet, I can tell you this: very few are even aware of the nature of our predicament.

Submitted by iBankCoin

This whole charade with former National Security Advisor Mike Flynn reeks of desperation and makes clear that Mueller's team has an empty hand. To summarize the plea agreement from the FBI Special Counsel’s “Statement of the Offense”: