United States

When Trump Jr. took his now-infamous meeting with Russian lawyer Natalia Veselnitskaya he was promised "official documents and information that would incriminate Hillary and her dealings with Russia and would be very useful to your father."  That said, Trump Jr. has since described Veselnitskaya's 'damaging information' as nothing more than "inane nonsense."

So what "information" was Veselnitskaya peddling that could be used as a political weapon in the 2016 presidential election? 

The dollar was broadly weaker after dovish comments from Fed Governor Lael Brainard amid reverberations from reports of Donald Trump Jr.’s contact with a Russian lawyer; European equities rebounded with oil while S&P futures were 0.2% higher at 2,428; Treasury yields are 1-2bps lower across the curve with the 10y at 2.346% ahead of Yellen’s much anticipated testimony this morning (House today, Senate tomorrow) for further clues on the trajectory of monetary policy while the Bank of Canada is expected to hike rates later.

Via Disobedient Media

Authored by Paul Craig Roberts,

The false reality constructed for Americans parallels perfectly the false reality constructed by Big Brother in George Orwells’ dystopian novel 1984.

Authored by David Stockman via The Daily Reckoning,

The overwhelming source of what ails America economically is found in the Eccles Building. During the past three decades the Federal Reserve has fostered destructive financial mutations on Wall Street and Main Street.

Bubble Finance policies have fueled an egregious financial engineering by the C-suites of corporate America. This bubble has skyrocketed to the tune of $15 trillion of stock buybacks, debt-fueled mergers deals and buyouts of the last decade.