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Presidential poll, Euro area current account, Saudi output, Russian nukes

Summary:
Clinton Vs. Trump: IBD/TIPP Presidential Election Tracking Poll (IBD/TIPP) The IBD/TIPP poll — a collaboration between Investor’s Business Daily (IBD) and TechnoMetrica Market Intelligence (TIPP) — has been the most accurate poll in recent presidential elections (About IBD/TIPP Poll). The latest results for the IBD/TIPP Presidential Election Tracking Poll will be released each morning by 6 a.m. ET. Trump Leads Clinton By 1 Point Going Into Debate (IBD/TIPP) Donald Trump has managed to pull ahead of Hillary Clinton by a 1.3 percentage point margin — 41.3% to 40% — in a four-way matchup. Libertarian Gary Johnson got 7.6% and Green Party Jill Stein got 5.5%. In a two-way matchup, Clinton is up by 3 points — 43.6% to 40.6%. 67% of Trump backers saying they strongly support him, compared with 58% of Clinton supporters who say they strongly back their candidate. Clinton does much better among women — 47% to 37% — but Trump’s lead among men is just as strong at 47% to 32%. Euro Area Current Account Eurozone’s current account surplus increased to €23.6 billion in August 2016 from a €20.7 billion a year earlier. If adjusted for seasonal factors, the current account surplus rose to €29.7 billion compared to €27.7 billion in August 2015, as the goods surplus widened to €30.9 billion (from €26.2 billion a year earlier) and the primary income surplus rose to €6.

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Clinton Vs. Trump: IBD/TIPP Presidential Election Tracking Poll (IBD/TIPP) The IBD/TIPP poll — a collaboration between Investor’s Business Daily (IBD) and TechnoMetrica Market Intelligence (TIPP) — has been the most accurate poll in recent presidential elections (About IBD/TIPP Poll). The latest results for the IBD/TIPP Presidential Election Tracking Poll will be released each morning by 6 a.m. ET.

Trump Leads Clinton By 1 Point Going Into Debate (IBD/TIPP) Donald Trump has managed to pull ahead of Hillary Clinton by a 1.3 percentage point margin — 41.3% to 40% — in a four-way matchup. Libertarian Gary Johnson got 7.6% and Green Party Jill Stein got 5.5%. In a two-way matchup, Clinton is up by 3 points — 43.6% to 40.6%. 67% of Trump backers saying they strongly support him, compared with 58% of Clinton supporters who say they strongly back their candidate. Clinton does much better among women — 47% to 37% — but Trump’s lead among men is just as strong at 47% to 32%.

Euro Area Current Account

Eurozone’s current account surplus increased to €23.6 billion in August 2016 from a €20.7 billion a year earlier. If adjusted for seasonal factors, the current account surplus rose to €29.7 billion compared to €27.7 billion in August 2015, as the goods surplus widened to €30.9 billion (from €26.2 billion a year earlier) and the primary income surplus rose to €6.6 billion (from 3.4 billion). Meanwhile, the services surplus narrowed to €4.8 billion (from €5.3 billion) and the secondary income deficit increased to €12.6 billion (from €10.6 billion).

Presidential poll, Euro area current account, Saudi output, Russian nukes

Saudi output went down some, indicating a lack of residual net global demand, as they set prices (via discounts or premiums to benchmarks) and let the market buy all it wants at those prices:

Presidential poll, Euro area current account, Saudi output, Russian nukes

As if our government has any ideas on what we can do anything about this:

U.S. says Russia broke nuclear missile treaty – The U.S. has summoned Russia to a mandatory meeting before a special treaty commission to answer accusations that Moscow has violated a Cold War-era pact that bans the production, maintenance or testing of medium-range missiles, according to U.S. and Western officials. {http://on.mktw.net/2emOBY8}

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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