chek'd dub trips
Secret Service Director Will Be Moved To New Role At DHS
After pushing out Homeland Security Secretary Kirstjen Nielsen and dropping Ronald Vitiello, his nominee to lead ICE, President Trump is reportedly throwing a bone to critics who are wondering who is left to run DHS.
According to Bloomberg, Secret Service Director Randolph Alles will be reassigned to another job within the agency, possibly a senior position within ICE, where he previously worked.
Alles confirmed on Monday that he would be leaving his position following reports that he had been fired by Trump amid an ongoing purge of DHS. Trump aide Stephen Miller, a well-known immigration hardliner, has reportedly been tasked with running the administration's immigration policy and is working to consolidate his control over the department.
Senator Mitt Romney said at a hearing of the Homeland Security Committee on Tuesday that he’s "deeply troubled" by the vacuum at the top of DHS.
"It is dangerous," Romney said. "Dangerous given what’s happening at the border, dangerous given the broad responsibilities the Department of Homeland Security has for protecting our nation. It is seriously troubling."
Alles said he had been alerted by the White House that he would be asked to step down weeks before the news broke. According to BBG, Trump likes Alles - who is a veteran Marine like former Chief of Staff and DHS Secretary Gen. John Kelly - and wants to find another role for him within the administration.
https://www.zerohedge.com/news/2019-04-09/secret-service-director-will-be-moved-new-role-dhs
IMF'd: Stocks Skid, Bonds & Bullion Bid As Lagarde Guts Global Growth Guesses
DOW
Volume 243,704,749
Avg. Volume 307,658,225
NAS
Volume 1,856,524,013
Avg. Volume 3,180,069,838
SP500
Volume 1,703,783,199
Avg. Volume 3,689,162,903
Your mission, should you wish to accept it, is to keep global stock markets at record highs, and sentiment soaring, as the global economy collapses beyond its debt-limit "event horizon The other IMF is not so sure.
Chinese markets saw two rescues overnight after Monday's weakness.
Ugly day for Europe on increased tariff chatter
For the second day in a row, sellers were in charge at the open…but unlike yesterday, dip-buyers did not battle back after The IMF slashed global growth outlooks.
As goes AAPL so goes the world.
(earlier story on WTF chart of the day)
WTF Chart Of The Day-Apple and Stock buybacks
https://www.zerohedge.com/news/2019-04-09/wtf-chart-day
Treasury yields fell on the day, erasing yesterday's Aramaco-driven losses.
Aramco sells $12b bonds out of $100b demand
https://www.gulftoday.ae/business/2019/04/09/aramco-sells-$12b-bonds-out-of-$100b-demand
Finally, "Most Shorted" stocks have been hit hard the last two days…
see cap #4