Tuesday, January 17, 2017

Putin Warns Of "Maidan-Style" Attempt To Delegitimize Trump; Doesn't Believe Trump Used Hookers In Moscow


Warning that a "soft coup" is being waged against Donald Trump, Russian President Vladimir Putin said that he sees attempts in the United States to "delegitimize" US President-elect Donald Trump using "Maidan-style" methods previously used in Ukraine, whle calling those who ordered the compromising Trump dossier "worse than prostitutes." 


Reagan And Trump: American Nationalists

Since World War II, the two men who have most terrified this city by winning the presidency are Ronald Reagan and Donald Trump. And they have much in common...

Calm Before The Storm - VIX Shorts Near Record Highs As Inauguration Looms

With just days to go until Donald Trump is inaugurated as the 45th president of the United States, speculators have almost never been so sure that markets will remain calm - despite record-breaking uncertainty.

Ignore At Your Peril

They’re at it again. It isn’t enough that the Federal Reserve’s tighter monetary policies are hamstringing global economic growth, but over the past week a few different Fed officials floated the idea of reducing the size of the Fed’s balance sheet. They seem intent on tightening until something breaks.

Ackman's Pershing Square Busted For Violating Pay-To-Play Rule; Fined $75,000

Following a disappointing year for Bill Ackman, in which his Pershing Square returned -13.5%, moments ago Ackman got some bad and some good news. The bad news is the Pershing Square was among 10 investment advisory firms who were busted by the SEC for engaging in pay-to-play schemes, or accepting pension fund fees within two years of making donations. The good news: the penalty is a whopping $75,000.

Secret Service Taking Extraordinary Measures To Protect Against "Unprecedented" Inauguration Threats

"The bigger threat is probably coming from anti-government/anarchist groups who are likely to try and disrupt the inauguration, and may engage in violence to do so.  I think people today are willing to do things they may not have been willing to do in the past.  Every night I wake up and I wonder do we have some issue covered."

New ABC / WaPo Poll Shows Drop In Trump Favorability Courtesy Of Aggressive "Oversamples"

Proving they still know how to engineer polling results, ABC/Washington Post and CNN are out with a pair of polls this morning, on Trump's favorability, that sport some of the most egregious "oversamples" we've seen.

David Einhorn Explains How He Is Trading The "Trump Presidency"

1) Long a variety of low-multiple, tax-paying, U.S. value stocks; 2) Long AAPL; 3) Long GM; 4) Short “bubble basket.” 5) Short oil frackers, 6) Short CAT (and other similar industrial cyclicals that have moved much higher post-election).

How Morgan Stanley "Discovered" The Identity Of The Biggest Bond Buyer In The Past Two Years

The entirety of the decline in 10y rates in 2015 and 2016 occurred during the Tokyo trading session. In fact, since October 8, 2014, 10y rates have fallen by 141bp cumulatively during the Tokyo trading session

Banks Are Getting Battered

US financials stocks are down 3% from Friday's exuberant post-earnings opening highs. That is the biggest drawdown since the election with BofA, JPMorgan, and Goldman leading the downturn (down almost 5% from Friday's opening highs)...

Trump Takes On The Deep State

"The deep state" is shorthand for a force within Washington that is able to guide the US' ship of state over periods of time longer than presidential terms, and at times despite the stated intentions of elected officials. If Trump has indeed embroiled himself in a conflict with this entity, then, what does that mean for his policy plans and for the post-Inauguration markets?

Taiwan Holds Military Drills Simulating Naval Invasion By China

Taiwan today sent the clearest message to China that it is taking deteriorating diplomatic relations with its estranged mainland cousin seriously, when the island nation began two days of military drills simulating an attack by China, in the wake of Beijing's sailing of an aircraft carrier through the Taiwan Strait as the government sought to reassure the public.

Why Obamacare's "20 Million" Number Is Fake

The next time a defender of Obamacare tries to take the moral high ground about the millions of people the law has helped, ask them to define what “help” looks like.

New York Times Warns "Budget Cuts Are Coming", Will Invest $5 Million To Cover Trump

"There will be budget cuts this year. We will lay out the specifics in the coming weeks and months. We cannot pretend to be immune from financial pressures but we view this moment as a necessary repositioning of The Times’s newsroom, not as a diminishment."

Trump As Lightning Rod (Not Just For Disaffected Progressives, But For Panicked Insiders)

Trump isn't just a lightning rod for delusional Progressives who were happy to see their real-world fortunes erode away as long as the Insiders in charge kept muttering the desired symbolic speech acts; he is also a lightning rod for Insiders fearful that their Insider apple cart is about to be upended, and they might actually have to work for a living, or actually compete in the real world--something they know they are ill-prepared to survive.

Dollar Tumbles After Trump Calls Currency "Too Strong", Slams Border-Adjustment Tax

One can probably put the time of death of the Trumpflation rally as 11:47pm on Monday night. That's when the WSJ published the latest excerpt of its Friday interview with Donald Trump, in which the president-elect himself said the dollar was already “too strong.” and said “our companies can’t compete with [China] now because our currency is too strong. And it’s killing us.”

Not So Fast With Those Fed Hikes: Brainard Warns Costs Of Trump Stimulus Could Be "Significant"

Federal Reserve governor Lael Brainard Tuesday acknowledged that while expansionary fiscal policy could prompt the central bank to undertake a faster pace of interest rate increases and begin shrinking its balance sheet sooner than expected, the details of the policy shifts under Donald Trump are still quite uncertain and could come at significant costs.

Trump Touts "People Are Seeing Big Stuff” After GM Unveils 7,000 New U.S. Jobs

"As the U.S. manufacturing base increases its competitiveness, we are able to further increase our investment, resulting in more jobs for America and better results for our owners.  The U.S. is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value.”

Just How Crowded Is The "Long Dollar" Trade? The Answer In One Chart

According to Wall Street managers responding to the latest BofA survey, the "Long USD" is the most crowded trade by a mile, having risen from 35% in December to a whopping 47%, the highest response rate in the last few years of the survey.

Trump Trounces Yellen - Dollar Dumps, Erases All Post-Fed Gains

It appears The Donald is stronger than The Fed (for now). The president-elect's comments that the dollar is "too strong" have accelerated the weakness from his press conference last week, and erased all the "well the dollar is up because the US economy is so strong" gains in the greenback since The Fed hiked interest rates for the second time in a decade...

Bonds & Bullion Are Surging As Small Caps Give Up 2017 Gains

Following Friday's plunge in bond and bullion prices, dollar weakness (on Trump's comments), Brexit uncertainty, and looming inauguration appear to have sent a ripple of anxiety through capital markets sending Treasury yields tumbling (6-8bps lower across the curve), gold prices soaring (above $1215), and stocks tumbling (Small Caps back in the red for 2017)...

North Dakota Lawmakers Want to Legalize Running Over Protesters

from The Anti Media:
Running over protesters may soon be legal in North Dakota, if conservative lawmakers are successful in advancing legislation introduced last week.
House Bill Number 1203 (pdf) states that, “Notwithstanding any other provision of law, a driver of a motor vehicle who unintentionally causes injury or death to an individual obstructing vehicular traffic on a public road, street, or highway, is not guilty of an offense.”
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7 Federal Reserve Tools and Why They’re All Flawed

by Jim Rickards, DailyReckoning:
In recent decades, the Fed has engaged in a series of policy interventions and market manipulations that have paradoxically left it more powerful even as those interventions left a trail of crashes, collapses and calamities.
The following is a survey of seven Federal Reserve tools in the Fed toolkit to stimulate the economy if recession or deflation gains the upper hand and why their toolkit is flawed.
Helicopter Money
The image of the Fed printing paper money, and dumping it from helicopters to consumers waiting below who scoop it up and start spending is a popular, but not very informative way to describe helicopter money. In reality, helicopter money is the coordination of fiscal policy and monetary policy in a way designed to provide stimulus to a weak economy and to fight deflation.
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THAT’S STRANGE: WEAPONS CACHES FOUND STASHED IN DC DAYS BEFORE INAUGURATION

by Piper McGowin, The Daily Sheeple:
Some lady out for a walk happened upon a couple of guns stashed in a violin case in the woods near the C&O Canal along the Potomac River in Washington, DC.
After the police were called in, more weapons caches were found, including long guns, pistols, and ammunition in pails and garbage bags tucked away in an area of the woods hikers aren’t known to frequent.
“At this point, we don’t know how they got there, why they’re here or when they got here,” police spokeswoman Sgt. Anna Rose told ABC News.
Could be nothing, but it seems like another red flag.
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MIA: Hillary Clinton. MIA on January 21: Barack Obama.

by Gary North, via Lew Rockwell:
I am not one of those people who believes that a particular political party is at the end of the road. That’s because I think both political parties are in the hip pocket of the Council on Foreign Relations, and have been since approximately 1932.
Political parties have periods in which they are dominant. Then the electorate swings back to the other party. There is not much difference between the two parties ideologically. There may be a difference of rhetoric, but when it comes time to voting for the welfare-warfare state, there is bipartisan support.
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New O’Keefe Video: Leftists Planning Stink Bombs at ‘Deploraball’

by Joel B. Pollack, Breitbart:
A new video released Monday by James O’Keefe’s Project Veritas shows left-wing activists allegedly planning to use butyric acid bombs — commonly known as “stink bombs” — to disrupt an event scheduled for the week of Donald Trump’s inauguration as the 45th President of the United States.
The leftists captured on film were allegedly targeting the Deploraball, a grass-roots event being held on Thursday at the National Press Club “to celebrate and honor … the passionate citizens who worked social media, knocked on doors, and endured harassement to support” Trump during the 2016 presidential campaign.
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The Seeds of a Potential Assassination

by Dave Hodges, The Common Sense Show:
U.S. Park Police and D.C. police Wednesday afternoon investigated the two areas where the weapons were found. I have been waiting for a massive law enforcement response, given the timing and location of the following discoveries. Instead, all we are getting are crickets chirping with regard to the response of federal and local law enforcement.
The reason that this is significant because on January 15th, I received a highly credible tip that man was arrested in DC transporting a huge weapons cache in a truck. I have been told by a local official that the event is being covered up from the media and there is no federal involvement to their knowledge. Let’s review the following, of what is known, and evaluate local law enforcement as well as the Feds response to this situations which I believe pose a significant and potential threat to Donald Trump.
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Physical Gold Market Will ‘Trump’ Paper Gold

by Mark O’Byrne, GoldCore:
John Hathaway of Tocqueville Funds says the physical gold market will defeat the paper gold market leading to a much higher price for the monetary metal in the coming months and years in his Tocqueville Gold Strategy Investor Letter (Fourth Quarter 2016 Investor Letter):
Gold rose 8.5% for the year while gold-mining stocks (XAU – Philadelphia Gold and Silver Index stocks) rose 75%. On an annual basis, results were highly satisfactory. However, there was considerable drama beneath the surface that left precious metals investors in a state of anxiety by year-end. Precious metals and mining shares rose sharply through August, and then spent the rest of the year giving back much of the first-half gains. The second half downtrend accelerated into early December, following the unexpected victory by Trump and a hawkish statement after the December Federal Open Market Committee (FOMC) meeting.
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Elijah Wood Reveals Hollywood’s Rampant Organized Pedophilia Problem (VIDEO)

from The Sleuth Journal:
At this point in our nation’s history, information and knowledge are key. They will most likely be the two single biggest factors that determine whether we the people are able to retain this republic of ours, or whether we lose it to a tyrannical police state. Right now, many Americans have absolutely no idea what is really going on in this country, because the very institutions people should be able to trust for honest and reliable information, are outright lying to them, and it keeps getting worse.
Turn on your television, pick up a newspaper, or listen to the radio, and all you hear about today is “fake news” this, or “fake news” that. Today, almost everything coming out of the mainstream media is either a blatant lie, or a very small fraction of the whole truth. The global interests that own and run the media fully recognize that he who controls the information, controls, which is why we’ve seen a relentless effort lately by the mainstream media to regain their stranglehold on information.
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Will There Be War On The Streets Of Washington D.C. During The Inauguration On Friday?

by Michael Snyder, The Economic Collapse Blog:
The stage is set for a potentially very ugly confrontation between radical leftist protesters on one side and law enforcement authorities and Trump supporters on the other side. It is being estimated that hundreds of thousands of supporters will be arriving in D.C. to celebrate the inauguration of Donald Trump, but it is also being estimated that hundreds of thousands of people will be coming to D.C. to specifically protest the inauguration of Trump. These protesters plan to set up blockades, disrupt inaugural balls and generally cause as much chaos as they possibly can. In fact, a spokesperson for #DisruptJ20 says that the goal of his organization is for Trump to be inaugurated “amid complete chaos”…
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