Pivots

'President Boasberg' Protects Powell, Quashes DOJ 'Pressure Campaign' Subpoena Over Fed Renovation Another day, another activist judge deciding they're the president...  On Friday, chief Judge James Boasberg of the U.S. District Court for the District of Columbia has blocked subpoenas issued by the Trump Justice Department to Federal Reserve Chair Jerome Powell and the Fed Board of Governor Boasberg claims that the subpoenas were served for an improper, pretextual purpose, and that "a mountain of evidence suggests that the Government served these subpoenas on the Board to pressure its Chair into voting...

Futures Rise As Oil Plunge Helps Yields Ease From Nosebleed Highs; All Eyes On Yentervention Futures are higher with both tech and small caps outperforming as Trump points to a deal/advanded discussions with Iran (which Iran is naturally denying), which is helping push energy prices and bond yields lower as the USD depreciates. As of 8:00am ET, S&P futures are up 0.5% while Nasdaq futures rise 0.4% led by Mag 7 stocks higher with Semis lagging. Energy is lower with the remaining sectors seeing a bid pre-mkt as the lower...

Democrats In Illinois Just Lost Hundreds Of Violent Criminals Authored by Steve Watson via Modernity.news, In yet another glaring example of failed “criminal justice reform” in blue cities, Cook County, Illinois officials have admitted that 243 dangerous criminals have gone completely AWOL from the county’s pretrial electronic monitoring program. These include individuals charged with murder, attempted murder, and sexual assault — all supposed to be tracked by ankle monitors while awaiting trial instead of sitting in jail. The revelation comes straight from Cook County Chief Judge Charles Beach II’s new transparency dashboard, which shows...