Submitted by Mac Slavo via SHTFPlan.com,
There will be war in the streets of America. Things have been engineered that way.
The scenarios are many, the issues are complex. The current anger from the left, who are violently protesting against President Trump, is just one aspect of it.
While energy traders remain focused on weekly changes in crude supply and demand, manifesting in shifts in inventory of which today's API data, which showed the second biggest inventory build in history, was a breathtaking example of how OPEC's "production cut" is clearly not working, a much more troubling datapoint was revealed by the Energy Information Administration last week when it comes to gasoline demand.
For those following the progression, and most recently - unwind - of the Trump reflation narrative, below are some critical observations from Charlie McElligott, head of cross-asset strategy at RBC.
Big Picture: Narrative Reset
Submitted by Simon Black via SovereignMan.com,
Every year around this time the US federal government releases an annual financial report to the public.
It would be hilarious if the numbers weren’t actually true.
Just like Apple or Exxon, the government’s annual report contains several important financial statements and detailed commentary about their finances and operations.
But unlike Apple, Exxon, the government can’t manage to turn a profit. Ever.
The federal judge who halted President Donald Trump's travel ban was wrong in stating that no one from the seven countries targeted in Trump's order has been arrested for extremism in the United States since the 2001 terrorist attacks.
As AP reports,
Just last October, an Iraqi refugee living in Texas pleaded guilty to attempting to provide support to the Islamic State group, accused of taking tactical training and wanting to blow himself up in an act of martyrdom.