It is the 27th of May 2017

News

Manhunt For Suicide Bomber Accomplices Leads To Arrests In Libya, Manchester

Update: Having mobilized hundreds of soldiers to protect key landmarks across London, the British police launced a huge manhunt for “a network” of accomplices who may have helped Salman Abedi build the suicide bomb and "who could be ready to kill again."  Part of yesterday's hike in the UK risk threat assessment is the fear that Abedi could have been working as part of a group of accomplices with possible links to militant groups who have the competence to plot and execute suicide bombings.

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Trump Tweets "Russia Is Laughing As U.S. Tears Itself Apart", Scraps FBI Visit

It appears that US politics is back to its quasi-surreal state first observed in the early weeks of the Trump administration, when the president spent much of his day in front of Twitter. And while it is unclear if Trump is bored, busy, engaging in damage control or quite the opposite, he blasted a couple of tweets shortly after the close which have led to the now traditional media firestorm.

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Why Tesla's Solar Roof Is Just Another Giant Taxpayer Gift To Elon Musk

There are two things in which Elon Musk is an undisputed champion: creating hype and buzz for massively cash-flow burning products and companies, and abusing every possible loophole in the US tax code to get explicit and implicit subsidies from the government. He demonstrated the latter on Wednesday, when Tesla began taking orders for its solar roof tiles, a cornerstone strategy of Elon Musk's strategy to sell a "green", fossil-fuel-free lifestyle under the brand name of its luxury electric vehicles.

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Gundlach: "The VIX Is Insanely Low"

Having kept a relatively low profile for the past month, suddenly anywhere you look, there's Jeff Gundlach - between his presentation at Ira Sohn, his recent appearance on Twitter, and his latest DoubleLine webcast, the bond king has something to say. Today, as his preferred medium, he picked Reuters, where he told Jennifer Ablan what he said previously, namely that European and emerging markets equities are more attractive than U.S. equities, he also opined on volatility, saying that the VIX is "insanely low."

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President Trump Fires FBI Director James Comey

The initially amicable, then increasingly more controversial, contentuous and, finally, rancorous relationship between President Donald Trump and FBI Director James Comey has just concluded with the utterance of two of Trump's favorite words: 'You're fired."

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