Comey Prepared Testimony Released: “I Didn’t Move Or Speak”

“A few moments later, the President said, “I need loyalty, I expect loyalty.” I didn’t move, speak, or change my facial expression in any way during the awkward silence that followed. We simply looked at each other in silence. The conversation then moved on, but he returned to the subject near the end of our dinner.”

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SocGen’s Big Call: It’s Time To “Make Reflation Great Again!”

“Our reading of the US situation is that, while persistently worrying at the political and diplomatic levels, it is close to Goldilocks at the economic level. The sub-2.5% GDP growth allows the Fed to tighten “only” moderately, and this is a clear burden to the US dollar and a trigger for risk-taking elsewhere.”

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How Trump Went From Used Car Salesman To Qatar’s Biggest Critic In Just 2 Weeks

“We are friends, we’ve been friends for a long time now, haven’t we? Our relationship is extremely good, we have some very serious discussions right now going on, and one of the things that we will discuss is the purchase of lots of beautiful military equipment, because nobody makes it like the United States.”

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Wall Street Journal Loses It: Trump Will “Have No One Left But His Family And Breitbart”

“If this pattern continues, Mr. Trump may find himself running an Administration with no one but his family and the Breitbart staff. People of talent and integrity won’t work for a boss who undermines them in public without thinking about the consequences.”

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Covfefe’d-Up Trump Says London Mayor Is “Pathetic” Pussy – But Not The Kind He’d Like To Grab

It looks like a combination of the latest London terror attacks, opposition to the still-stalled travel ban, and a general sense of incredulity with regard to the fact that the entire world thinks he’s batshit crazy, has pushed Donald Trump over the edge on Monday.

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Goldman On Trump: “Prospects Have Deteriorated Much More Than We Would Have Imagined”

“Most recent presidents have been able to enact at least one key piece of legislation in their first year, and occasionally two or three before their first midterm election. This year, it appears unlikely that any of the Administration’s key legislative priorities will be enacted by the fall, and it looks increasingly doubtful that any will be enacted in the first year.”

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