Didn’t see it, did you?
Now, you may not LIKE the story (if you’re a Trump-basher) and we certainly didn’t see it mentioned on the front page of the NY Times today, but as the intelligence committee of the Fools on the Hill gets ready to look into such claims, we have near –certainty that all that will result is either a complete whitewash (80% odds) or a single scapegoat (20 & odds).
Sad, ain’t it?
When I see stories in the Times like “What to Expect when Comey Meets with the House Intelligence Committee – I could have written that story as a one-word article:
Jeez Louise…can we get some grown-up reporting going on???
Sure, the surveillance story has links to Joe Arpaio and such…BFD. Follow the damn story – enough of the fake news mainstream and covering up for the idiot class in D.C. for crying out loud…
Still, the non-stop bashing is making headway in the polls. See the latest Gallup results here – 37%.
I figure it would be 10 points higher – or more – if the surveillance story was more widely covered…but that’s not what the MSM is selling, is it?
We have to agree with the Galway Pundit remark “It’s really funny to see fake news CNN try to call out Trump as a liar…”
The Trumpster tweets it right:
“The real story that Congress, the FBI and all others should be looking into is the leaking of Classified information. Must find leaker now!”
The Week Ahead
Press release of the day is the Chicago Fed National Activity Report:
“Led by improvements in employment-related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.34 in February from –0.02 in January. All four broad categories of indicators that make up the index increased from January, and only one of the four categories made a negative contribution to the index in February.
The index’s three-month moving average, CFNAI-MA3, improved to +0.25 in February from +0.07 in January, reaching its highest level since December 2014. February’s CFNAI-MA3 suggests that growth in national economic activity was somewhat above its historical trend. The economic growth reflected in this level of the CFNAI-MA3 suggests limited inflationary pressure from economic activity over the coming year.
The CFNAI Diffusion Index, which is also a three-month moving average, moved up to +0.17 in February from +0.02 in January. Fifty-five of the 85 individual indicators made positive contributions to the CFNAI in February, while 30 made negative contributions. Sixty-three indicators improved from January to February, while 22 indicators deteriorated. Of the indicators that improved, 15 made negative contributions.
Other than that, a lot of FedSpeak on the rubber chicken circuit this week. Yellen herself speaks Thursday morning.
Friday the Dural Goods report is just barely moving the meter around here. All in all, we could call this a news weak period.
BREXIT at Last?
Happens next week. Maybe.
As usual the Brussels sprouts (the E.U. clown posse) is saying how sorry the Brits will be…yada, yada.
We cynically wonder how is it Hitler’s idea of a unified Europe is any better than what the current cast of clowns is doing?
Fire Disaster North of Denver
Spring is Sprung
None of them worth clicking.
In fact, screw it…I’m going back to bed. This week ain’t worth losing sleep over.
Why even the futures are asleep…flat opening coming.
Where’s my pillow?