- (Guardian) A new survey of business leaders found that 58% said the Brexit vote was already having a negative impact on their firm. Just 11% said it had helped business.
- (MarketWatch) -- President Donald Trump on Friday signed executive orders that would start a process of rolling back the fiduciary rule and the Dodd-Frank bank reform law. "Today we are signing core principles for regulating the United States financial system," Trump said.
- Consequently the Dow regains 20,000 level as broader market ends firmly higher on bank rally. Goldman Sachs (GS) was the biggest gainer among Dow components, jumping
4.6%,
- (Reuters) France's far-right party leader Marine Le Pen on Sunday told thousands of flag-waving supporters chanting "This is our country!" that she alone could protect them against Islamic fundamentalism and globalization if elected president in May.
- Japan is hosting the 2020 Olympic Games and is looking to derive the medals from recyclable electronics. In all, organizers hope to collect 40 kilograms of gold, 2,920 kilograms of silver and 2,994 kilograms of bronze.
- The "failing" NYT passes 3 million paying subscribers, most in history, plus 220 million unique visitors in November.
- An attack on the Dark Web left a whopping 20 percent of it in shambles. On Friday, a vigilante managed to hack into Dark Web hosting service, Freedom Hosting II, after realizing that it was allowing for child pornography sites.
Baltic Exchange Dry Index etc. is up to date
The decision by the Trump admin to withdraw from TTP (Trans Pacific Partnership) trade deal, and intentions to renegotiate NAFTA has created a major concern for US ag exporters. A trade war with your best customers (China biggest buyer of Soy / Mexico biggest buyer of corn) is historically not “that good” for business…
(The Hill) The U.S. and Mexico are denying reports that President Donald Trump told his Mexican counterpart Enrique Peña Nieto that U.S. forces will
handle the "bad hombres down there" if the Mexican authorities don't.
Corn CPI Adjusted
Soy CPI Adjusted
Cheaper renewables to halt coal and oil demand growth from 2020: research
The falling cost of
electric vehicle and solar technology will halt demand growth for oil
and coal from 2020, according to research published on Thursday, posing a
threat to fossil fuel companies unprepared for the transition.
Oil
Oil CPI adj.
While the Market trend is clearly up, the Vix and Ratio look a bit scary.
