(1) A different world for sure. (2) Ford and Apple news suggests Trump’s bully pulpit has clout. (3) China is promoting free trade. (4) Iran is dumping heavy water. (5) Europeans suddenly feel defenseless. (6) Game of Thrones: Bond Kings and Vigilantes versus the King of Debt. (7) The Bond Vigilantes Model is bearish for bonds. (8) The Fed is no longer a friend. (9) Italians will vote on Dec. 4 for continuing “decrepit system.” (10) The long-term bull market in bonds is over until further notice.
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