Posted in SPECIAL REPORTS

Beware The Lehman Analog: Why Nomura Expects The Rally To Reverse Sharply On Friday

US equity futures are set to continue the post-Christmas rally, boosted by both a record liquidity injection in China overnight…

… and a pair of earnings from Bank of America and Goldman which were “not as bad” as some had expected, but the key …

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Federal Judge Orders Rhodes, Rice, & Other Obama Officials To Respond Over Clinton Benghazi/Email Scandal

In what Judicial Watch describes as a “major victory for accountability,” a federal judge ruled Tuesday that former national security adviser Susan Rice and former deputy national security adviser Ben Rhodes must answer written questions about the Stat…

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Two Americans Killed After ISIS Suicide Attack Targets US Patrol in Syria

In an apparent terror attack targeting a US-led coalition patrol, a blast has rocked a restaurant in the northern Syrian city of Manbij on Wednesday. Conflicting reports say there are casualties among American soldiers as well as potentially a delegati…

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Deflation Strikes – US Import Prices Tumble In December As Petroleum Plunges

After a mixed picture from producer prices yesterday, import (and export) prices are expected to tumble MoM (as China’s deflationary impulse ripples across the globe).

US import prices tumbled 0.6% YoY in December – the weakest since Sept 2016 – and e…

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Goldman Reports Worst FICC Revenue Since Financial Crisis; Stock Jumps

With Goldman the latest big bank to miss expectations on the closely watched FICC revenue line, that makes it 4 out of 4 big banks that have failed to hit consensus expectations for this all important segment.

The good news, for Goldman and the first …

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Trump Orders 46,000 Furloughed Federal Workers To Return To Work

As the partial government shutdown enters its 26th day, President Trump has ordered thousands of furloughed government workers to return to work – knowing that they will not be paid until after the shutdown ends – to restart government functions like i…

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The Brexit Saga Is Far From Over – Here’s What Analysts Are Expecting Now

The uncertainty continues. The U.K. government faces a vote of no-confidence, while the shape of Brexit is still unknown after parliament rejected Prime Minister Theresa May’s deal (in the biggest defeat for any government in modern history).

So wha…

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BofA Surges On Solid Earnings Beat Despite Big FICC Miss, Jump In Credit Loss Provision

Following disappointing earnings from Citi and JPMorgan, which yesterday reported the first EPS miss in 15 consecutive quarters, the market breathed a sigh of relief when Bank of America reported strong top and bottom-line results, with revenue rising …

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US Extends Troop Deployment At Mexican Border As Migrant Caravan Leaves Honduras

As a new migrant caravan leaves Honduras with the goal of crossing into the US over the southern border, the Pentagon announced on Tuesday that it would extend the military’s mission on the southern border, according to Reuters. The mission will be ext…

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Global Stocks Rise, Pound Mixed Ahead Of May Confidence Vote After Record Liquidity Injection By China

Stocks in Europe gained along with U.S. futures while Asian stocks were muted as investors saw potential for legislative deadlock to force London to delay its departure from the EU following the heavy parliamentary defeat for British Prime Minister The…

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Theresa May Could Be Ousted After Wednesday ‘No Confidence’ Vote: Here’s What To Expect

By all accounts, a historic defeat like the one suffered by Prime Minister Theresa May Tuesday night when the Commons overwhelmingly rejected her Brexit withdrawal agreement by a margin of roughly 230 votes, would have prompted a British leader to resi…

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As Germany And France Come Apart, So Too Will The EU

Authored by Charles Hugh Smith via OfTwoMinds blog,

If we follow the logic and evidence presented in these seven points, we are forced to conclude that the fractures in France, Germany and the EU are widening by the day.

When is a nation-state no l…

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Israel To Export Gas To Egypt In Bid To Create East Mediterranean “Energy Export Hub”

Israel has confirmed it is in extensive talks with Egypt to build a new sub-sea natural gas pipeline between the two countries as part of a previously agreed $15 billion deal to export Israeli gas to Egypt over a decade. Most significant is that the ne…

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Europe Is Burning

Authored by Raul Ilargi Meijer via The Automatic Earth blog,

There will be elections for the European Parliament on May 23-26 2019. They will likely change the face of Europe more than anything has done since the EU was founded. That is not some wild …

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Trump Aides “Scrambled” After He Raised Leaving NATO Altogether “Several Times”

President Trump has privately told senior administration officials that he wants to withdraw from NATO altogether, finds an explosive New York Times report: 

Senior administration officials told The New York Times that several times over the course o…

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It’s A Gas… Germany Outraged By US Colonial Arrogance

Authored by Finian Cunningham via The Strategic Culture Foundation,

This time the outspoken US ambassador in Berlin may have gone too far to be ignored. The German government has denounced as a “provocation” letters that the American envoy sent to com…

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Greece Fined €200MM Over Chinese Tax Fraud Network

While president Trump is cracking down on Chinese technology theft “transfer” in the US, with Canada somehow caught in the middle of the ongoing crossfire (as random Canadians are now getting arrested on the mainland in retaliation for Trump’s aggressi…

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Re-Colonisation

Authored by Therry Meyssan via Voltaire Network,

One of the consequences of the successive ends of the bipolar and unipolar world is the re-establishment of colonial projects. One after the other, the French, Turkish and English have publicly declared…

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“Bolsonaro Is Hitler!” Exclaims Venezuela’s Maduro In Escalating Spat With Brazil

When in doubt, desperately reach for the Reductio ad Hitlerum argument. Venezuela’s self-styled socialist “liberator” President Nicolas Maduro has dubbed Brazil’s newly elected right-wing leader Jair Bolsonaro “a Hitler of the modern era.”

Speaking …

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From Baghdad To Finland And All Across The World: What’s The US Up To?

Via Off-Guardian.org,

Why does the US Embassy in Helsinki need a big warehouse near Malmi Airport and what are the contents of thousands of kilograms of cargo sent to Helsinki from Baghdad?

A dilapidated warehouse in Malmi is being used by the US Em…

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