GOP Seeks to Derail Moore, Salvage Senate Seat (WSJ) Army takes control in Zimbabwe (Reuters) Senate Tax Plan Guts Obamacare, Sunsets Many Middle-Class Cuts (BBG) Senate Republicans tie tax plan to repeal of key Obamacare mandate (Reuters) Trump’s Campaign Foreign Policy Team Under Mueller’s Microscope (BBG) Ryan Says Future Congresses Will Preserve Tax Bill’s Temporary Measures (BBG) Shareholders take aim at Murdochs with Fox voting rights push (Reuters) AT&T Engages Its Washington...
Read More »Global Stocks Slide, S&P Futures Tumble Below 50DMA As “Trump Trade” Collapses
Global stocks are lower across the board to start the week, as concerns about Trump's administration to pull off a material tax reform plan finally emerge, pressuring S&P futures some 20 points lower this morning, following European and Asian shares lower, while crude oil prices fall unable to find support in this weekend's OPEC meeting in Kuwait where a committee recommended to extend oil production cuts by another 6 months. Safe havens including the yen and bonds climbed as did gold,...
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