Reports that Trump will begin a drawdown of troops at the US-Mexico border have prompted criticism that the President has engaged in a political stunt at tremendous expense to the taxpayer. Trump spent the final weeks of campaigning whipping up fear over a migrant caravan travelling through Mexico towards the border, but now that the polls have closed, he has barely mentioned it.
The White House has also backed down in its battle with CNN and Jim Acosta, as they removed the reporter’s hard pass. The Trump administration has since confirmed it will be restored.
October’s building permits are on the schedule today, while tomorrow sees the durables goods orders for October, as well as initial jobless claims up to 17 November. We will also see existing home sales for October.
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