United States

Instead of instituting a widespread laptop ban on every US-inbound flight, the Trump administration will require nearly 200 airlines (and implicitly almost 300 airports) around the world to meet new heightened security protocols, or be barred from entry.

As The Hill reports, the U.S. is rolling out new aviation security measures for all international flights coming into the country instead of imposing a laptop ban, the Department of Homeland Security (DHS) announced Wednesday.

Other than buying Ethereum, one strategy has stood out in investing circles - selling US equity market volatility, and as Goldman notes, the profitability of vol-selling strategies has accelerated in the last year. With vol at record lows, and after a long-run of success, Goldman unveils its guide to selling volatility, why it's a good idea, and how to do it.

Via Goldman Sachs,

In what is by far the most entertaining research report of the day, Canaccord quant Martin Roberge, essentially admits and apologizes for blowing up the bank's energy client returns in 2017 (with an endless long oil reco), but then - in a bizarre follow up - says that while Canaccord overweight rating on energy has been "costly and like many investors, we feel like throwing in the towel on the group. However, being wrong is not a good reason enough to change one’s stance."

• Global Bonds Sell Off, Sparking Fears of Further ‘Taper Tantrum’ (WSJ)
• Facing revolt on healthcare, GOP senators delay vote (Reuters)
• Global businesses dig out from latest cyber attack (Reuters)
• Companies Work to Contain Fallout From Cyberattack (WSJ)
• Cyber attack hits property arm of French bank BNP Paribas (Reuters)
• Obama Choked on Russia Long Before the 2016 Election (BBG)
• The EU May Need to Introduce a Bloc-Wide Tax After Brexit (BBG)
• iPhone Anniversary Edition Gives Analysts Pre-Party Jitters (WSJ)

It Is the Presstitutes, Not Russia, Who Interfered in the US Presidential Election

Paul Craig Roberts

Unlike Oliver Stone, who knew how to interview Vladimir Putin, Megyn Kelly did not. Thus, she made a fool of herself, which is par for her course.