It is the 19th of October 2017

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Gun Stocks Soar On Report Trump Set To Ease Export Rules

In a week in which the MIC already scored big with Monday's sale of Orbital, today it was the NRA's turn to rejoice, when gun stocks soared on a Reuters report that the Trump administration was preparing "to make it easier for American gun makers to sell small arms, assault rifles and ammunition" to foreign buyers. The stocks of Ruger, Smith & Wesson and American Outdoor brands have all soared by as much as 18% on the news.

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Gun Stocks Soar On Report Trump Set To Ease Export Rules

In a week in which the MIC already scored big with Monday's sale of Orbital, today it was the NRA's turn to rejoice, when gun stocks soared on a Reuters report that the Trump administration was preparing "to make it easier for American gun makers to sell small arms, assault rifles and ammunition" to foreign buyers. The stocks of Ruger, Smith & Wesson and American Outdoor brands have all soared by as much as 18% on the news.

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Trump Wants July 4th Military Parade Down Pennsylvania Avenue

Trump was apparently so impressed by the military parade he was invited to watch in France on Bastille Day that he's contemplating following in the footsteps of the French, and a handful of rogue dictators in third-world countries, with a U.S. military parade down Pennsylvania Avenue in Washington D.C. on July 4th. 

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White House Denies WSJ Report That Trump Will Not Withdraw From Paris Climate Deal

Update: it took about 10 minutes for the White House to deny the WSJ report, with the NYT and Bloomberg reporting that a White House spokesman has denied the WSJ story claiming US might stay in Paris accords, saying "position hasn't changed."  Bloomberg confirms the White House comment, stating that there is "no change" in the US position on the Paris Deal, and that US will withdraw unless presented with "more favorable terms."

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Deutsche Bank: "This Is The $2.5 Trillion Question"

Next Wednesday, the Fed is widely expected to officially launch its balance sheet reduction or "normalization" process, as a result of which it will gradually taper the amount of bonds its reinvests in the process modestly shrinking the Fed's balance sheet.

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"Unhappy" British Prime Minister Blasts "Never Helpful" Trump Over Controversial Tweet

Update 1: After hearing from her former chief of staff earlier, British Prime Minister Theresa May has also now weighed in on Trump's tweets from this morning which have largely been interpreted as a criticism of the UK's security services for failing to prevent today's terrorist attack in London.

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