It is the 22nd of September 2017

News

Is Trump Irrelevant?

Those who had lauded the expansion of executive powers when Barack Obama was president perhaps now see the dangers of an imperial presidency with Donald Trump as president. It doesn’t matter if you are Republican or Democrat, conservative or liberal, because we all know what Lord Acton said about the corrupting influence of power.

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Kyle Bass: "China's Credit System Is Reaching A Boiling Point"

Fresh on the heels of the biggest-ever two-week drop in onshore dollar-yuan, noted China bear Kyle Bass gave an interview where he addressed one of the most exasperating aspects of the short-selling business, and an issue that he is no doubt grappling with at this very moment: What to do when confidence in your investing thesis is undermined by uncooperative markets.

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Freedom Caucus Leader: "Don't Blame Trump For Deal With 'Chuck And Nancy'"

With much of the Washington Republican establishment still grumbling about President Donald Trump’s decision earlier this week to strike a deal with Democratic leaders Chuck Schumer and Nancy Pelosi, one prominent member of the House Freedom Caucus took to the Sunday Talk Shows to deliver what sounded like the faction’s official response to the week’s events.

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Dow Jones Changes "Hoax" Index Divisor For First Time In 2 Years

For the first time in two years, the owners of the Dow Jones Industrial Average have changed the benchmark’s divisor, the number used to determine how moves in the share prices of individual Dow components affect the level of the index.

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