United States

Trump’s Appointments

Paul Craig Roberts

What do they mean?

The final November fund flow numbers are in, and as BofA's Michael Hartnett puts it, November, it was a "watershed" month for fund flows with the largest 5-week
bond outflows in three and a half years at $10 billion...

... the largest 3-week precious metals outflows
in 3.5 years...

... and the largest 5-week equity inflows since October 2013 at $34.5 billion.

• Jobs Report to Give Federal Reserve Final Data Points (WSJ)
• Futures fall ahead of jobs report (Reuters)
• Obama to Block Second Chinese Deal on Security Concerns (BBG)
• Trump Exults in Victory and Mocks Critics at Ohio Rally (BBG)
• China's Central Bank Is Facing a Major New Headache (BBG)
• Trump considering Goldman Sachs COO Cohn for energy secretary (Reuters)
• Trump considering Senator Heitkamp of North Dakota for Cabinet (Reuters)
• Italy Referendum to Set Renzi’s Fate (WSJ)

Did Jeff Gundlach do it again? Shortly after the DoubleLine manager told Reuters yesterday afternoon that the Trump rally is ending, that "stocks have peaked" and that it is "too late to buy the Trump trade", US stocks tumbled to session lows, and have continued to drop overnight, with S&P futures down 0.3%, alongside sliding Asian and European markets; oil and the dollar are also down with the only asset class catching a bid are 10Y TSYs, whose yields are lower at 2.43% after reaching an 18 month high of 2.492% overnight ahead of today's nonfarm payrolls report.

From mind-control to STDs, the U.S. government has purposefully inflicted countless tortures upon citizens both at home and abroad. Conspiracy theory nuts are known for being out there, but once you read the wild government stories on this list, you will be a believer too. 1: Project MKUltra Beginning in the early 1950’s, the U.S. government started conducting illegal experiments on U.S. and Canadian citizens (including children) with the intention of developing drugs and procedures used to interrogate and torture.