Reveille Letter - Pre-market morning financial commentary with an international circulation

Blog Detail

Reveille Reconnaissance Blog

This blog is for the benefit of both subscribers and non-subscribers and is public to assist...
To subscribe to the Reveille Letter,
click here

In The News for Wednesday, May 29, 2019
Posted May 28 2019 8:40PM

In The News:

·        Tweet of the Day: From my son who often nails it.

I suggested he might add that Tide Pods are not part of the Food Pyramid.

·        Great Memorial Day. 96 year-old WWII veteran Pete Dupre played the National Anthem on a harmonica to thunderous applause.

·        I might rephrase this headline. From CNN: Angela Merkel warns against dark forces on the rise in Europe. A friend of mine suggested that the better title for the piece might be: Forces of light exposing dark globalist establishment.

·        I talked about this yesterday. Interesting update on the New York Times concern over the indictment of Julian Assange and what it might mean for newspapers like them and the Washington Post leaking classified information. Why the worry? Glenn Greenwald of the Washington Post writes: The indictment of Assange is a blueprint for making journalists into felons.

·        An author who described himself as “barely a journalist” and said he believes his job “has nothing to do with truth” has published a sequel to his 2018 bestseller, Fire and Fury, that was riddled with untruths and inaccuracies. His new book’s major premise has been flatly denied by team Mueller.

·        Beto refers to himself as “a giant asshole” and his road manage, Cynthia Cano nods in agreement. Finally, he’s said something that most people can agree with. I’d sure like to see this guy rising in the polls instead of falling, but he looks like yesterday’s news that even fawning coverage by the media couldn’t overcome.

·        This is something I want to see. On Wednesday night Trish Regan of Fox Business News and Liu Xin from China Global Television Network will face off to argue on behalf of their respective governments about tariffs and technology. Ought to be good.

·        Oh Goody! I was so hoping for the involvement of someone who I could look to for guidance. Taylor Swift Promises to Get ‘Political’ in Upcoming Music. She had such an impact on Tennessee’s Senatorial election, helping to defeat former governor Phil Bredesen by her endorsement of him.

·        This makes perfect sense. Media Worried About Leaking of Dossier Sources After Leaking Dossier Sources. As I’ve said, we’re going to need plenty of popcorn before this is over. Sen. Lindsey Graham 2.0 suggests that Obama officials may be worried about being ‘exposed’ by declassification. You think? They are sure doing a lot of finger pointing as they try to throw each other under the bus. A CNN poll, yes CNN, shows that 69% of U.S. citizens, an overwhelming majority, think Congress ought to investigate the origins of the Justice Department’s inquiry into Russian interference in the 2016 election. What is interesting is that 76% of Democrats polled felt that way. Not to worry. Atty. Gen. Barr is on it. Not surprisingly, Christopher Steele, the fake spy at the center of the dossier controversy, is refusing to cooperate with U.S. Attorney John Durham in his investigation into the origins of “Spygate.” My guess is that if he ever wants to visit the U.S. again, he might reconsider.

·        So far Australia, Great Britain, Italy, France, and Germany has seen surprises at the polls. Now Poland may be following suit. There seems to be a worldwide shift to the right taking place. I wonder what in the world could be causing this trend? Probably the same thing that caused the U.S. to elect Trump, total disgust with the government elites who think; it is their right to govern while ignoring the wishes of their constituencies. This graph of the British election results might give those ignoring fixing our out of control situation at our Southern border pause. 2020 could be a reckoning.


·        Tough day for creepy porn lawyer Avenatti. Two arraignments for stealing from clients and trying to blackmail Nike. His prospects for the Democratic nomination for president are looking more and more unlikely, much to the chagrin of those who championed his ascendance. Watch it to see a parade of liberals making a fool of themselves. ROTFLMAO!

·        This week’s update on the Democratic Presidential Clown Car. Biden continues to lap the field, even while making very few appearances to avoid the inevitable gaffes. This is a weekly post, and typically very long, but also the single best place to keep up with what’s going on in the lead-up to the Democratic debates and primaries. Related. New York Magazine struggles to find a single New Yorker who wants De Blasio to be President. Ouch!