In other news, foreign companies abandoned 14 percent of their investment in the US in 2017, and 11 percent in 2018, because they feared the Trump regime would arbitrarily conclude they're a threat to "national security" just like Huawei.
Meanwhile, the Wall Street Journal reported that Bridgewater Associates, the largest hedge fund in the world, has setup a $1 billion bet that the market will tank in the next three months. The bet is structured as automatic sales for stocks that fall below a certain value.
Finally, we still don't know why Trump is withholding military aid from Lebanon.
WASHINGTON (AP) — The Trump administration is withholding more than $100 million in U.S. military assistance to Lebanon that has been approved by Congress and is favored by his national security team, an assertion of executive control of foreign aid that is similar to the delay in support for Ukraine at the center of the impeachment inquiry.
The $105 million in Foreign Military Funding for the Lebanese Armed Forces has languished for months, awaiting approval from the Office of Management and Budget despite congressional approval, an early September notification to lawmakers that it would be spent and overwhelming support for it from the Pentagon, State Department and National Security Council.
Programming note... I'm signing off early today because I was invited to a family outing at the last minute this morning and I can't live like a hobbit all of the time. Next week is Thanksgiving week and I have a lot to do, including shopping for my youngest niece's birthday and couple appointments among other things. I expect I'll be here on Monday and Tuesday, but I'm going to be playing it by ear.
Have a good weekend