What we are reading: CNN: DOJ preparing to announce end of Mueller probe as soon as next week – The Hill. Intimidation, Pressure and Humiliation: Inside Trump’s Two-Year War on the Investigations Encircling Him – New York Times. It is still obstruction, even if it is public. Stock market’s post-Fed-minute dip fails to hold, as central bank seen split on policy strategy – Marketwatch. Split on rate hikes but near unanimous to stop reducing balance sheet. How High-Speed Rail Got Caught Between Newsom and Trump – New York Times. 16 states sue to stop Trump from using Emergency Powers to build wall – Alltop. Gold steady near 10-month high; palladium hits record level – Reuters. Canary in the gold mine? Elections Commission Chief Uses the “Nuclear Option” to Rescue the Agency From Gridlock – Mother Jones. The agency’s chair says she won’t allow its lawyers to defend it when it’s sued. Wait, we have an elections commission? What to Watch for During the Catholic Church’s Sex-Abuse Meeting – The Atlantic.
What we are reading: Walmart beats as online sales surge – Business Insider. Online sales were strong. Does the Walton family earn more in a minute than Walmart workers do in a year? – Washington Post. True. Bernie Sanders to seek U.S. presidency again in 2020 – Reuters. Larry David for VP. House Dems to probe White House’s nuclear power efforts in Saudi Arabia – Axios. Deutsche Bank Reverses Pledge to Help Distressed Homeowners – Bloomberg. Dereg fever. Otherwise Rational People Still Betting Their Real Money On Steve Mnuchin Being Able To Reach A Trade Agreement With China – Dealbreaker. Believe it when it’s done. Space Force launch zooms closer to reality under President Trump’s directive – USA Today. Because if we have a Space Force, everything else will just fall into place. Exclusive: Fed’s Williams says new economic outlook necessary for rate hikes – Reuters. Rates on hold, tightening continues. Why Can’t Trump Build Anything? – New York Times. Infrastructure is dead.