Good morning and welcome to this week’s Flight Path. The week ended with all of the major asset classes painting “Go” bars. However, we saw a little uncertainty in places during trading. After a few bars of weaker aqua “Go” bars, we saw equities finish with strong blue bars at new all time highs. Treasury bond prices saw a dip into uncertainty but ...
A reckoning looms. Mark it on your calendar. It will begin Monday night on Capitol Hill. Maybe punctuated by a meeting of the House Democratic Caucus Tuesday morning. Augmented by the customary Senate Democratic Caucus luncheon Tuesday afternoon. The reckoning will slip into Wednesday and perhaps Thursday. We will learn where Democrats stand with President Biden during this reckoning. And we may even learn ...
Sen. Bernie Sanders, I-Vt., said Sunday that while President Biden had a ‘terrible’ debate against former President Trump, he recently spoke to Biden and continues to support him in his quest for re-election. Sanders – who at 82 is older than Biden – said people should look beyond age, despite increasing concerns from both parties over the president’s mental fitness. ...
President Biden, reeling from a disastrous debate performance and calls to step aside, addressed a Black church service in Pennsylvania on Sunday, acknowledging the ‘world’s looking to America.’ Speaking from a stage at Mount Airy Church of God in Christ in northwest Philadelphia, the 81-year-old Biden laughed off concerns about his age, joking, ‘I know I look 40’ but ‘I’ve ...
The White House announced on Sunday that Second Gentleman Doug Emhoff recently tested positive for COVID-19. In a statement, the office of the Second Gentleman noted that Emhoff tested positive on Saturday ‘after experiencing mild symptoms.’ ‘He is fully vaccinated and three times boosted,’ the statement read. ‘He is currently asymptomatic, continuing to work remotely, and remaining away from others ...
A far-left political coalition that unexpectedly assembled ahead of France’s snap elections is projected to win the majority of parliamentary seats up for grabs and the country’s prime minister has announced his intention to resign – leading the country into unforeseen territory and possible turmoil. As the election results came in, French Prime Minister Gabriel Attal announced he will be ...
France is set to elect the right-wing National Rally (RN) as the largest party in government, yet no party may emerge with a clear majority in this tightly contested election as the second round of voting kicks off this weekend. The first round, which occurred June 30, resulted in just 76 of the 577 constituencies in the French National Assembly ...
France’s parliament is divided among far-left, center and far-right, as no single political faction even neared the majority needed to form a government. President Emmanuel Macron, who has three years left of his term, anticipated that his decision to call snap elections would give the country a ‘moment of clarification,’ according to The Associated Press, but the results told a ...
The office of Israeli Prime Minister Benjamin Netanyahu has announced four principles that it says must be part of any hostage release deal with the Palestinian terrorist group Hamas. The declaration comes as the ‘Prime Minister’s steadfast position against the attempt to halt IDF action in Rafah is what has led Hamas to enter negotiations,’ the office says. The city ...
President Biden’s staffers reportedly prepare him with meticulous details on how to enter and exit fundraiser event spaces. According to a copy of the instructions obtained by Axios, Biden’s aides created a document that read in bold letters, ‘Walk to podium.’ With the White House insignia, it included photos showing a clear pathway to the podium. Axios cited some Democrats ...
Dems’ ‘deeply self-destructive’ attacks on Biden to blame for weakening his candidacy, lawmaker says
A House Democrat backing President Biden is blasting members of his own party for speaking out against Biden’s 2024 candidacy in public, arguing it is putting the president in a worse position amid the fallout from the 81-year-old’s disastrous debate performance last month. Congress is back in session on Monday for the first time since the immediate fallout of Biden’s ...
Boeing will plead guilty to a criminal fraud charge tied to fatal 737 Max crashes, the Justice Department said Sunday, months after U.S. prosecutors said the aerospace giant violated a 2021 settlement that shielded it from prosecution. Under the deal, Boeing agreed to pay a $243.6 million fine. An independent compliance monitor would also be installed to oversee compliance at Boeing for three ...