Risk assets declined across the globe, with European, Asian shares and S&P 500 futures all falling, while the dollar slumped against most currencies after a news conference by President-elect Donald Trump disappointed investors with limited details of his economic-stimulus plans, and the Trumpflation/reflation trade was said to be unwinding.
Submitted by 720Global's Michael Lebowitz via RealInvestmentAdvice.com,
The FBI’s latest release of Hillary Clinton emails make it clear that the former Secretary of State committed espionage against the United States. According Senior Judicial Analyst for Fox News, Judge Napolitano, both Congress and the FBI now have enough evidence against Clinton to resume pursuing criminal charges against her. Washingtontimes.com reports: On July 5, FBI Director James Comey announced publicly that the FBI would recommend against seeking an indictment of Mrs. Clinton for espionage — the failure to safeguard state secrets that had been entrusted to her.
Submitted by Gail Tverberg via Our Finite World blog,
Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the “coming apart” process started in 2016, in my opinion we are going to see many more steps in this direction in 2017. Let me explain a few of the things I see.
Submitted by Emad Mostaque via GovernmentsAndMarkets.com,
Oil prices have risen over 20% since the OPEC production cut agreement at the end of November. While concerns abound on quota cheating and increased production from Libya, Nigeria and US shale, the incoming US administration could change the market completely through strategic oil sales and new import taxes.