Bloomberg:
- The U.S. Is Exporting Oil and Gas at a Record Pace. (video) You name it -- crude oil, gasoline, diesel, propane and even liquefied natural gas -- all were shipped abroad at a record pace. While the surge comes many years after the shale boom started, it can be traced straight back to the growth of horizontal drilling and fracking. U.S. exports are poised to expand even further, as the fear of peak oil supply has all but vanished just as a new demand threat emerges in the form of electric vehicles.
- What Hedge Funds Will Do After the Hedge Fund Model Dies. As long-short strategies take a beating, managers see niches like private debt as fuel for future returns.
- Here’s Where the GOP Tax Plan Stands Right Now. (video)
Wall Street Journal:
- Four Groups to Watch in Alabama’s Senate Election. Each candidate is depending on high turnouts among their natural supporters to win what polls show is a tight race.
- Is CNN Protecting Adam Schiff? Journalists continue to air his fact-free allegations without requiring evidence.
- Millions of People Post Comments on Federal Regulations. Many Are Fake.. A Wall Street Journal investigation uncovered thousands of fraudulent posts on agencies’ dockets, in hot-button areas such as net neutrality and payday lending.
- Saudi Aramco Ramps Up Spending to Over $40 Billion a Year. World’s biggest oil company needs investments to maintain production capacity.
MarketWatch.com:
CNBC:
- Druckenmiller: Central banks are financial world's 'Darth Vader,' creating exploding asset bubbles.
- Airline stocks are breaking out, and one name looks poised for new highs, analyst says. (video)
- My kids get 'no screen time whatsoever,' says Silicon Valley investor Chamath Palihapitiya. (video) Palihapitiya, who grew up in Canada after his family emigrated from Sri Lanka and was granted refugee status, believes that kids learn and thrive by having real-life experiences. "You go figure it out. Go outside, skin your knee. Fall on the ground. Play a sport. Lose at something. And then come back to me and we can talk about it. And we'll talk about it as rational human beings. And I'll try to tell you why that's a good thing that's happened to you," he said. He told CNBC on Tuesday: "The tools that we have created today are starting to erode the social fabric of how society works."
- Tech high flyers could soar 10% or more in 2018, investor Paul Meeks says. (video)
- Tax cuts and rate hikes are on the way, starting Wednesday, CNBC's survey of Fed watchers finds. (video)
Zero Hedge:
- It's Official: Bitcoin Surpasses "Tulip Mania", Is Now The Biggest Bubble In World History. (graph)
- Public Enemy No. 1: Walls Closing In On Peter Strzok As Questions Arise Over His Involvement In FISA Application.
- North Korea Hacks Exchanges Attempting To Steal Bitcoin As Prices Surge.
- Congress Expands Uranium One Probe After Senator Claims Obama Admin Misled Him Over Yellowcake Exports.
- Ethereum Soars Above $600 - Bigger Than GM, As Crypto-Mania Spreads.
- McCabe Cancels Testimony, Something "Far More Sinister" With Fusion GPS.
- US Producer Prices Rise At Fastest Pace In 6 Years As Payday Loan Demand Soars. (graph)
- John Burbank Shuts Flagship Hedge Fund, Plans Launch Of Cryptocurrency Unit.
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