by Pam Martens and Russ Martens, Wall St On Parade:
Two of Wall Street’s crony regulatorsannounced today that they are going to “simplify” the Volcker Rule’s ban on proprietary trading at Wall Street banks, providing another big win for Wall Street and another big nightmare for Main Street.
The financial crash on Wall Street in 2008 was the deepest economic upheaval in the U.S. since the Great Depression. Millions of honest, hardworking Americans lost their jobs, and then their homes, as a result of the economic collapse. Many of these Americans have yet to fully recover financially after more than a decade has passed.
No matter what happens with the U.S. economy, most of the credit or the blame is going to go to President Trump. And now that the U.S. economy appears to be 
DOW REVERSES COURSE DOWN 174 POINTS//GOLD UP $2.90 BUT SILVER THE STAR, UP 20 CENTS/A HONG KONG CITIZEN AND A BRITISH EMBASSY EMPLOYEE DETAINED IN SHENZHEN AND HIS WHEREABOUTS ARE UNKNOWN..A POTENTIAL POWDER KEG!// ITALY’S CONTE RESIGNS AND NOW THE PRESIDENT WILL CALL ON NEW ELECTIONS AS THE FUN BEGINS IN ITALY//AMAZING: MISS NEVADA NOT ALLOWED TO COMPETE IN THIS YEAR’S MISS AMERICA CONTEST BECAUSE OF HER PRO TRUMP VIEWS
Three teachers and a union organizer flew to Venezuela to study the country’s successes in government and education in person, and now they’re taking heat for using the union’s name “on what appears to be a state-chaperoned propaganda tour.”
Stocks fell last week following news that the yield curve on Treasury notes had inverted. This means that a short-term Treasury note was paying higher interest rates than long-term Treasury note. An inverted yield curve is widely seen as a sign of an impending recession.