Destroying American Democracy - An Inside Job

If economics has its Unicorn, it would be the Giffen Good, the good that would seem to defy the Law of Demand. While economists have played around with Giffen Good scenarios, in reality, finding it is even more unlikely than sighting a unicorn.

Russia-Linked Arms Trafficker, Corrupt African Officials Tried To Supply Mexican Cartel With Surface-To-Air Missiles Submitted by The Bureau's Sam Cooper (emphasis our own),  Federal prosecutors in Virginia have charged four men — a Bulgarian arms trafficker with ties to the notorious Russian weapons dealer Viktor Bout, and several African co-conspirators with connections to the governments of Uganda and Tanzania — with conspiring to supply the Cartel de Jalisco Nueva Generación with a $58 million military arsenal that included rocket launchers, surface-to-air missiles, anti-aircraft drones, and high-powered explosives the brokers boasted could bring...

Oil & Stocks Mixed To Start Week As War Escalates & Gamma Unclenches Update (1845ET): After an initial kneejerk higher in oil and lower in stocks, things have settled a little with both hovering around unch... Brent is sliding a little from Friday's highs... Equity futs are back around unch... There's a long way til dawn... *  *  * Following a weekend where geopolitical headlines swung from "winding down" (Friday after the close) to threats, deadlines, and "obliteration" tit-for-tat talk suggesting no end in sight, it is perhaps no surprise that oil prices are up...