AP reported that according to a draft 11-page memo, the Trump administration is considering mobilizing as many as 100,000 National Guard troops to round up illegal immigrants. However, the White House quickly slammed the agency’s report is “false." In yet another leak-counterleak example of "spot the fake news" , moments after the AP report hit, the White House denied everything
S&P equity futures followed Asian and European stocks lower, driven by weakness in Franch and Italian markets, as French political concerns returned; the pound tumbled after UK monthly retail sales unexpectedly dropped pushing the dollar higher and Euro lower.
Submitted by Arthur Berman via OilPrice.com,
It is more likely that oil prices will fall below $50 per barrel than that they will continue to rise toward $70. Prices have increased beyond supply and demand fundamentals because of premature expectations about the effects of an OPEC production cut on oil inventories.
Last week’s 13.8 million barrel addition to U.S. storage was the second largest in history. It moved U.S. crude oil inventories to new record high levels.
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Former liberal congressman and presidential candidate Dennis Kucinich said Tuesday:
What’s at the core of this is an effort by some in the intelligence community to upend any positive relationship between the U.S. and Russia. And I tell you there’s a marching band and Chowder Society out there. There’s gold in them there hills. There are people trying to separate the U.S. and Russia so that this military industrial intel axis can cash in.
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