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Frontrunning: March 27

  • Markets Slide on Doubts that Trump Can Deliver (BBG)
  • Dollar hits four-month low as Trump trade deflates (Reuters)
  • These Charts Show Alarm Bells Ringing on Trump Trade (BBG)
  • White House may court Democrats on tax reform (Reuters)
  • Republicans Could Have Another Fight Over Tax Overhaul (WSJ)
  • 'Religious left' emerging as U.S. political force in Trump era (Reuters)
  • Democrats Weigh Next Steps on Gorsuch Nomination (WSJ)
  • Iraq Military Rejects Claim U.S. Airstrike Killed Civilians (WSJ)

Global Stocks Slide, S&P Futures Tumble Below 50DMA As "Trump Trade" Collapses

Global Stocks Slide, S&P Futures Tumble Below 50DMA As "Trump Trade" Collapses

Global stocks are lower across the board to start the week, as concerns about Trump's administration to pull off a material tax reform plan finally emerge, pressuring S&P futures some 20 points lower this morning, following European and Asian shares lower, while crude oil prices fall unable to find support in this weekend's OPEC meeting in Kuwait where a committee recommended to extend oil production cuts by another 6 months.

Are America And China Destined For War?

Authored by Harry Kazianis via The Stratgeic Culture Foundation,

In his recent book The Improbable War, professor Christopher Coker explains that it is “of vital importance that the possibility of a conflict between China and the United States continues to be discussed.” Coker’s rationale for this is simple: “If the United States and China continue to convince themselves that war is too ‘improbable’ to take seriously, it is not they but the rest of the world that may ultimately pay the price.”

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