Ross Ulbricht Clemency Petition Gathers 250,000 Signatures

On Friday, the Clemency for Ross Ulbricht petition hosted on Change.org surpassed 250,000 signatures. The solicitation for signatures started in July 2018 and gathered roughly 6,200 signatures during the first three days. Now with a quarter of a million signatures asking U.S. President Donald Trump to commute Ulbricht’s sentence, the message clearly shows how people…

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Kid Rock’s Drunken, Racist Rant Should Make Republicans Glad His Senate Run Was Fake

Kid Rock grabbed the mic for an impromptu monologue at his Nashville bar. He made lewd remarks about multiple female talk show hosts, including Oprah Winfrey, and insisted he’s not racist. Republicans’ openness to his publicity-stunt Senate run continues to be an embarrassment. After proudly and loudly flirting with a run for Senate in his…

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Don’t Let ‘Trump Derangement Syndrome’ Blind You to the Strong U.S. Economy, Abundant Opportunities

Politics is blinding some people to the strong U.S. economy. Manufacturing is starting to show signs of bottoming out. The economy could be going from deceleration to acceleration. In our polarized political environment, people’s perceptions of the economy are increasingly shaped by who is in power. This reflex is understandable. The chart below from Pew…

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Dow Rises as Trump & Kudlow Tease Ambitious Trade War Timeline

The Dow Jones managed to barely capitalize on an extremely positive mood in financial markets on Monday. Boeing stock continues to suffer after Friday’s safety system bombshell, battering an index that might otherwise have surged in response to ambitious trade war proclamations from President Donald Trump and Larry Kudlow. Dow Jones Battered by Boeing Despite…

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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed for the lack of liquidity in the repo market’s cash reserves,…

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