Sunday, September 25, 2016

Economic News , Data & Views........ September 25 , 2016...... Quick Hits For A Wonderful Sunday - 1) American Political State Of Play - In The Run Up To Debate Number One Race Within Margin Of Error - Trump Has Gained Ground , Slight Lead In Some National Polls. 2) Around The Horn For Europe - Italy , Greece , Italy , Germany. 3) MENA Updates - Syria & Libya In Focus. 4) Odds & Ends - Doug Noland's Weekly Credit Bulletin Missive , Items Touching On Oil , Saudi Banks Troubled - Saudi Central Bank Making Western CBer Type Moves.

US Politics.....

Clinton ties Trump's refusal to release tax returns to Russia in new ad | WATCH:

Stumping for Clinton, Elizabeth Warren accuses Trump and his fellow Republicans of "making hate okay"

Did Mike Pence smack down Gennifer Flowers nonsensical attendance at Debate number one ?

From John Schindler - NSA Analyst: We now have incontrovertible proof the Bureau never had any intention of prosecuting Hillary Clinton

Poll: Trump gaining on Clinton in battleground Pennsylvania

First, Obama was overperforming in swing states. So a 2% national lead was equivalent to 3% Electoral College lead. NOT true for Clinton

/ Poll: Trump 46% (+4) Clinton 42% A 2% shift toward Trump in a day (9/18-9/24)

Poll: Trump 39 (+1) Clinton 38 Johnson 9 Stein 4 A 3% shift toward Trump in a week

ABC/WPost Poll Among *RV's*: Clinton 41 (Tie) Trump 41 Johnson 7 H2H: Clinton 46 (Tie) Trump 46 10% shift toward Trump in 2 week

Items For Europe....

Probably what we may have feared happened , once we read he got the cushy job from Goldman...

Former Tsipras’ Partners Join Forces Against Austerity in Greece

Berlin: Greece Continues to Drag Feet on Required Reforms

Rumors fuel tensions at refugee camps

Decades-old taboos being smashed

Good morning from Berlin where fin stability of Deutsche Bank has become an affair of state as Germany's credit credibility is under threat.

FinMin Schaeuble has urged lawmakers to take tough stance w/ ECB's Draghi when he goes before German parl on Sept28, BBG reports citing BILD

on course for new clash w/ EU. Italian govt to estimate 2017 GDP growth of 1%, GDP/deficit of 2.3%, up from 1.8% in Apr. (BBG)

Syria & Libya Items....


U.S. ambassador to U.N.: Russia's action in Syria is 'barbarism'

UN chief urges world powers to end Syria's "nightmare"

US Marine Corps Gen. J.F. Dunford: “[Kurds are] the most effective force that we have right now and the force that we need to go into Raqqa"

Erdogan - Turkey seeks to join US in a military Op against ISIS in Raqqa, IF US excludes Kurdish rebel forces.

The military intervention of is managing to divide rebels and Jihadists much more effectively than the

seems d best force managing 2occupy land without firing a bullet & dividing jihadist from rebels:Magic

unity govt deputy PM responds to Hungary PM's suggestion EU build 'giant migrant city' in Libya: "Banks of the Danube more suitable"

Odds & Ends....

Credit Bubble Bulletin: Weekly Commentary: Like Old Times: Q2 2016 Flow o...

| claim to have brought down the Bonny 48" inch crude pipeline at 8:40pm friday.


Low oil prices continue to roil Saudi economy , including its Banks.

| minister Kachikwu to : Nigeria cannot freeze its production now. would have to be exempt.

| minister Kachikwu to : questionable if a freeze will be sufficient to impact market the way we expect.

| min Kachikwu : “even if we have a freeze, what difference does it make? Someone will just move in and take over"

| more comments from energy minister Bouterfa on Iran 'problem' & risk to prices. via

| energy minister Novak sunday comments re 9/28 producers meeting:

[UPDATED] | energy minister Bouterfa sunday comments re 9/28 producers meeting:

: President Correa comments on TV saturday re meeting, and risks to prices & if no agreement achieved: