Daimler Cuts Outlook, Blames Trump Trade War… Who’s Next?

While US equity markets are indefatiguable (if you don’t look at the Dow), amid a record spike in earnings expectations – that will never go down again… ever – it appears, Daimler may have just become the first to break the narrative (as real world…

BREAKING: MUELLER CHARGES MANAFORT AGAIN WITHOUT ANY EVIDENCE OF TRUMP COLLUSION

Mueller brings new charges against Paul Manafort http://thehill.com/homenews/391394-manafort-hit-with-superseding-indictment Cash Flowed to Clinton Foundation Amid Russian Uranium Deal BILL CLINTON MET PUTIN AFTER ASKING TO MEET TOP NUCLEAR INDUSTRY OFFICIAL, EMAILS SHOW http://www.newsweek.com/clinton-russia-uranium-deal-689321 How a reporter’s romance with her source muddies the FBI’s seizure of her…

US Air Force Grounds All B-1 Bombers Due To Ejection Seat “Issues”

Amid a seeming non-stop barrage of headlines about flybys, test-flights, and aviation drills among America’s nuclear-capable bombing fleet, Military.com reports that the Air Force has grounded its entire fleet of B-1B Lancer bombers due to safety concerns. Military.com reported that the stand-down is a direct result…

Apple Slides On Report Of iPhone Order Cuts, Drags Nasdaq Lower

Remember when a few months ago Apple stock slumped amid reports of slumping iPhone 10 demand and a weak orderbook, but investors were quick to forget all about Apple’s growing troubles when Tim Cook’s record stock buyback announcement and Warren Buffet latest investment quickly sent…

WTI/RBOB Drop After Huge Gasoline Build

Last week saw API and EIA disagree but WTI rallied into the API print tonight amid expectations for a 2.1mm crude draw. However, the biggest gasoline build since the first week of Jan sparked selling in both WTI/RBOB.   API Crude -2.28mm (-2.1mm exp) Cushing…

BREAKING: CASH FLOWED TO CLINTON FOUNDATION AMID RUSSIAN URANIUM SALE

Cash Flowed to Clinton Foundation Amid Russian Uranium Deal When will the 13 Angry Democrats (& those who worked for President O), reveal their disqualifying Conflicts of Interest? It’s been a long time now! Will they be indelibly written into the Report along with the…

Existing Home Sales Tumble In April As Rate-Hikes Crush Affordability

Following the April drop in  new home sales amid record high average prices, existing home sales tumbled 2.5% MoM (considerably worse than the 0.9% drop expected) to 5.36m SAAR.   Purchases fell in three of four regions, including a 2.9 percent decline in the South…

RBOB Extends Losses After Surprise Gasoline Inventory Build

After the worst day for energy stocks in two weeks as crude turned negative amid reports that OPEC is said to be considering raising oil output, WTI rallied and RBOB kneejerked lower after API reported a smaller than expected crude draw and surprise gasoline build….

Meet Tesla’s New Bondholder: Billionaire George Soros

Amid Elon Musk’s darkest hour in late March – as his stocks and bonds tumbled in price – it seems there was at least one other billionaire willing to buy the ‘blood on the street’. According to the latest 13Fs, George Soros’ investment firm took…

BREAKING: ANTI TRUMP DEMOCRAT ERIC SCHNEIDERMAN RESIGNS AFTER TRYING TO IMPEACH PRESIDENT

Eric Schneiderman, New York’s Attorney General, Resigns Amid Assault Accusations Free Julian Assange! Free Julian Assange! Trump questions why Peter Strzok still at FBI, after Lisa Page exits http://www.foxnews.com/politics/2018/05/07/trump-questions-why-peter-strzok-still-at-fbi-after-lisa-page-exits.html “I want to believe the path you threw out for consideration in Andy’s office – that…