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In Stunning Pair Of Interviews, Trump Slams NATO And EU, Threatens BMW With Tax; Prepared To "Cut Ties" With Merkel

In Stunning Pair Of Interviews, Trump Slams NATO And EU, Threatens BMW With Tax; Prepared To "Cut Ties" With Merkel

In two separate, and quite striking, interviews with Germany's Bild (paywall) and London's Sunday Times (paywall), Donald Trump did what he failed to do in his first US press conference, and covered an extensive amount of policy and strategy, much of which however will likely please neither the pundits, nor the markets.

Is The Biggest Treasury Drawdown In History Imminent? The "Bond Shock" Story Refuses To Go Away

Is The Biggest Treasury Drawdown In History Imminent? The "Bond Shock" Story Refuses To Go Away

While currency and fixed-income traders are having second thoughts about the extent of the Trump reflation trade just days before the inauguration of the 45th U.S. president as Bloomberg's Vincent Cignarella writes, most readily observed in the recent 50% drop in 10Y real yields, which have slid from 0.74% in mid-December to just 0.38% in the past month, it is still far too early to call the time of death on the Trump rally.

Russian Foreign Ministry: "Obama Still Has A Few Days Left To Destroy The World"

Russian Foreign Ministry: "Obama Still Has A Few Days Left To Destroy The World"

There is a reason Vladimir Putin and the Russian top political echelon has been avoiding the media following the onslaught of allegations lobbed at the Kremlin, and Trump: as AP writes, careful not to hurt chances for a thaw in U.S.-Russia relations, President Putin and other Russian officials "have deferred questions about their plans for future contacts with Trump and any agenda for those talks until he takes office on Friday." In short, the "Kremlin is counting the days to his inauguration and venting its anger at Barack Obama's outgoing administration, no holds barred."

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