It is the 22nd of May 2018


Trump To Order Probe Into FBI, DOJ Surveillance Of His Campaign

President Trump is officially requesting that the Department of Justice investigate whether or not the "FBI/DOJ infiltrated or surveilled the Trump campaign for Political Purposes," as well as whether "any such demands or requests were made by people within the Obama administration." He will make this demand official on Monday.

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The Second Quarter Has Been One Giant Short Squeeze

It has been an odd time in capital markets: on one hand rising rates, a surging dollar, and a 4 year highs in oil have wreaked havoc on Emerging Markets, and may soon spill over to developed markets although so far US stocks have been resilient, if failing to break out of the recent range despite the small-cap Russell 2000 hitting new all time high. At the same time, a financial publication used several hundred words  to not so simply say that there was $8.8bn in equity inflows into US stocks even as the S&P had its biggest weekly drop in over a month; meanwhile the VIX has been grinding lower despite Italian populist forces forming a government in Europe's 3rd largest economy, with VIX net specs turning negative for the first time since the February VIXplosion as vol selling is all the rage again.

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Hacker Slips Gay Porn Into Livestream Of Congressional Debate

California voters watching an online forum between state Congressional candidates were stunned when the streaming feed was interrupted by hardcore gay porn. 

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Why The Soaring Dollar Will Lead To An "Explosive" Market Repricing: A Flow Chart

Something curious took place one month ago when the PBOC announced on April 17 that it would cut the reserve requirement ratio (RRR) by 1% to ease financial conditions: it broke what until then had been a rangebound market for both the US Dollar and the US 10Y Treasury, sending both the dollar index and 10Y yields soaring...

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