It is the 27th of April 2017

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The Great Western Economic Depression

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WTI/RBOB Tumble After Unexpected Build In Gasoline Inventories

Despite last week's unexpected crude draw (and product draws) WTI/RBOB has faded since (even with a lower dollar) as OPEC production cut questions trump inventories for now. However, prices tumbled immediately after API report a smaller than expected draw in crude (-840k) and an unexpected build in gasoline (+1.37mm) .

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IBM Tumbles After Posting Lowest Revenue In 15 Years, 20th Consecutive Quarter Of Declining Sales

Last quarter, IBM almost fooled the market when it "beat" but only thanks to using the lowest effective tax rate in recent history (excluding one charge-fulled quarter when the rate was negative).

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'May'hem Strikes - Dollar & Bond Yields "Pounded" To Post-Election Lows

Bonds have gievn up, comodities have given up, inflation expectations have given up, bank stocks have rolled over, and even 'soft' data is starting to rollover... still the 'rally' is in tact, it's just a fleshwound according to the business media...

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'May'hem Strikes - Dollar & Bond Yields "Pounded" To Post-Election Lows

Bonds have gievn up, comodities have given up, inflation expectations have given up, bank stocks have rolled over, and even 'soft' data is starting to rollover... still the 'rally' is in tact, it's just a fleshwound according to the business media...

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"I'm Unemployed": Scaramucci Finds Himself In Post-Trump Limbo

It started off so promising for Anthony Scaramucci: a prominent supporter of Donald Trump, even when nobody else believed in last November's shocking outcome, the former SkyBridge president was considered a shoo-in to a high profile position in the new White House, which prompted him to conduct an accelerated, and according to some questionable, sale of his SkyBridge Capital fund of funds to Chinese billionaire investor Chen Feng, which netted the Mooch over $100 million.

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