Why tiny Qatar andgers Saudi Arabia and its allies.
Induction furnaces typically make rebar and as those furncaces are closed down in China, its created a shortage of rebar and the prices have gone up.
The European Commission is proposing a plan for a new sovereign back bond.
London's Metropolitan police arrested 12 related the the attack at London Bridge.
China labled US Defense Secretary Mattis' comment about the south China Sea.
A handful of oil towns seem impervious to bankruptcy.
Saudi Arabia and three of its Arab allies cut diplomatic ties with Qatar on Monday, furious with what they see as the tiny emirate’s tolerant attitude toward Iran and Islamist groups such as the Muslim Brotherhood. The moves by the Saudis, Bahrain, the U.A.E. and Egypt came barely a week after U.S. President Donald Trump visited the region and joined Saudi Arabia in lambasting Iran for sponsoring terrorism from Syria to Yemen.Click here to download a pdf of this article, Missile.pdf
Month-to-month CRE lending that was growing at an annualized pace of more than 10% through most of last year dipped to 8.9% in the first quarter, according to Federal Deposit Insurance Corp. (FDIC) data released this past week. In fact, total bank lending across all categories -- not just CRE -- declined by $8.1 billion (0.1%) during the three months ended March 31. This is the first quarterly decline in loan balances since first quarter 2013. Martin J. Gruenberg, chairman of the FDIC, framed the lending slowdown as an appropriate reaction on lenders' part.Click here to download a pdf of this article, Missile.pdf
U.S. employers hired significantly more people in May, making it the strongest month for hiring since June 2015, according to a LinkedIn study.Click here to download a pdf of this article, Missile.pdf
“More subdued inflation will help Draghi make the case that the exit can be slow,” said Nick Kounis, an economist at ABN Amro Bank NV in Amsterdam. “At the same time, they need to keep the momentum in this discussion going without letting markets run ahead of themselves so it’s a very fine balancing act.”Click here to download a pdf of this article, Missile.pdf
"Foreign investors are pouring more and more money into the U.S. real estate market, and yet the trail behind these transactions is often shrouded in secrecy," Sen. Wyden said. "It is critical that we have a better understanding of how U.S. agencies identify and address national security threats that may arise in connection with foreign real estate investments."
"We know that real estate deals are one of the favored ways to launder illicit finances," Sen. Brown said. "But we don’t know if our oversight agencies have the resources and tools they need to vet Russian, Chinese, and other foreign investments in U.S. real estate for potential threats to our nation's security."
How to view RJO Account Statements in Online PortalClick here to download a pdf of this article, How to View Statements on RJO's Client Portal.pdf
Check out your Muni v. the proposed MBIS/FIG Zero Duration Muni-Futures contract.Click here to download a pdf of this article, mbis chart.pdf
Moody’s Investors Service cut its rating on China’s debt for the first time since 1989, challenging the view that the nation’s leadership will be able to rein in leverage while maintaining the pace of economic growth.Click here to download a pdf of this article, Missile.pdf
Trump’s first complete budget proposal, released in part on Monday, would raise $500 million in fiscal year 2018 by draining the Strategic Petroleum Reserve, and as much $16.6 billion in oil sales over the next decade.Click here to download a pdf of this article, Missile.pdf
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