Financials, Tech Led US Market to Record Highs, Again

Financials, Tech Led US Market to Record Highs, Again

Financials, Tech Led US Market to Record Highs, Again $DIA, $SPY, $QQQ, $VXX Senate takes another step toward tax reform by passing budget blueprint Top-weighted financials and technology sectors show relative strength Technology and Financial stocks lifted Wall Street Friday, as investor optimism received a fresh boost from Washington, where The Trump Administration stepped closer […]

President Trump’s Tax Reform Imminent, as Senate Passes Budget

President Trump’s Tax Reform Imminent, as Senate Passes Budget

President Trump’s Tax Reform Imminent, as Senate Passes Budget $DIA, $SPY, $QQQ Late Thursday, Senate Republicans pushed a $4-T budget through in a major step forward for President Trump’s promise of massive tax cuts and reform. The 51-49 vote set the stage for debate later this year to dramatically overhaul the US tax code for […]

The Trump Rally Drives DJIA to Record 23,157.60

The Trump Rally Drives DJIA to Record 23,157.60

The Trump Rally Drives DJIA to Record 23,157.60 $DIA, $SPY, $QQQ, $VXX The DJIA marked 23,002 Tuesday intra-day, but closed just below the ’round’ mark. This latest 1,000-point increase was covered in half the time it took the index to move from 21,000 to 22,000. Wednesday, the US major stock market indexes finished at: DJIA +160.16 at 23157.60, […]

The Fed Wants to Take Credit for The Trump Rally

The Fed Wants to Take Credit for The Trump Rally

 The Fed Wants to Take Credit for The Trump Rally $DIA, $SPY, $QQQ, $VXX President Donald Trump is given credit for record-high stock prices following his November election, now a new study published by the Fed suggests the central bank has played a role. Tax cuts were bad news for the stock market in the […]

President Trump, “Strip NFL’s Tax Breaks Over Anthem Protests”

President Trump, “Strip NFL’s Tax Breaks Over Anthem Protests”

President Trump, “Strip NFL’s Tax Breaks Over Anthem Protests” President Donald Trump shifted his focus to NFL tax breaks Tuesday in his latest attack on professional football players who kneel in protest during the national anthem. “Change tax law!” he wrote on Twitter.    Follow Donald J. Trump  ✔@realDonaldTrump Why is the NFL getting massive […]

President Trump Ends ‘War’ on Investors and Investing

President Trump Ends ‘War’ on Investors and Investing

President Trump Ends ‘War’ on Investors and Investing $DIA, $SPY, $QQQ, $VXX President Donald Trump is “ending the punishment of investment,” and businesses are “very positive” about the economic future. Analyst Larry Kudlow said in a TV interview Sunday, that investors should “fear not.” “There’s a lot momentum building in Washington… for the tax cuts,” […]

The US Economy Growing Under President Trump’s Policies

The US Economy Growing Under President Trump’s Policies

The US Economy Growing Under President Trump’s Policies $DIA, $SPY, $QQQ, $VXX US economy growing under US President Trump’s developing economic policies. Nevertheless stock market pessimists are warning investors to moderate their optimism over President Donald Trump’s proposed tax cuts. Stocks raced to records last week and again this week, the USD hit a 2-month high and […]

What’s Up With Fannie Mae & Freddie Mac

What’s Up With Fannie Mae & Freddie Mac

What’s Up With Fannie Mae & Freddie Mac $FMCC Fannie Mae and Freddie Mac may stop paying billions of dollars in dividends to the US government, but if not now when?  Friday, the US mortgage-finance (OTCMKT:FMCC) giants paid a combined $5.1-B to the US Treasury thus extending for another Quarter the government’s sweep of their profits. […]

You and the US Stock Market: Big Q’s & A’s

You and the US Stock Market: Big Q’s & A’s

You and the US Stock Market: Big Q’s & A’s $DIA, $SPY, $QQQ, $VXX The US and global stock markets have hit record highs this year, as investors celebrate their gainers. But the record do not seem instilling a sense of excitement in everyone. Some investors are nervous, certain that a major correction is overdue, […]

US Economic Growth Revised Up to 3.1% in Q-2, Stocks Close at Record Highs

US Economic Growth Revised Up to 3.1% in Q-2, Stocks Close at Record Highs

US Economic Growth Revised Up to 3.1% in Q-2, Stocks Close at Record Highs $DIA, $SPY, $QQQ, $VXX Wall Street edged higher Thursday, as the S&P 500 marked a record high, while investors show confidence that President Donald Trump will make progress on his tax reform plan. US Treasury Secretary Steven Mnuchin said President Trump’s […]

Trump Moves Against Socialism Tackling High Taxes

Trump Moves Against Socialism Tackling High Taxes

President Trump rolled out a plan Wednesday to reform America’s tax code, calling for deep cuts to corporate rates and the abolition of inheritance tax in a high-stakes bid to salvage the president’s agenda. The plan calls for slashing the US corporate tax rate from 35 to 20 percent — to below the 22.5 average […]

US Investors Cheer President Trump’s Tax Reform Plan

US Investors Cheer President Trump’s Tax Reform Plan

US Investors Cheer President Trump’s Tax Reform Plan $DIA, $SPY, $QQQ, $VXX Wednesday, US President Donald Trump said his tax-reform plan would “deliver historic tax relief to the American people” and would “dramatically reform America’s outdated, complex, and extremely burdensome tax code.” “It’s a relic,” President Trump told a crowd at the State Fairgrounds in […]

Tax Reform: Most American Getting a ‘Tax Break’

Tax Reform: Most American Getting a ‘Tax Break’

Tax Reform: Most American Getting a ‘Tax Break’ $RUT The Russell 2000 (Small Caps) +1.95% at a new all-time high for the 4th session running. Most people will almost certainly get a tax cut under a new tax reform plan rolled out by President Trump Wednesday in Indiana President Trump unveiled his tax plan Wednesday […]

Face It People, The Trump Economic Boom Is Here

Face It People, The Trump Economic Boom Is Here

Face It People, The Trump Economic Boom Is Here $DIA (DJIA) Have you noticed, that through the mist of Russia, James Comey, Charlottesville and now 2 monster hurricanes, that the US economy is booming faster than it has since the late Clinton years, well have you? This is undeniable. In the last year of The […]

Democratic Lawmakers Align with President Trump on Key Issues

Democratic Lawmakers Align with President Trump on Key Issues

Democratic Lawmakers Align with President Trump on Key Issues President Donald Trump and Democrats align on adding a 3-month extension of the US debt limit and government spending to a hurricane-relief bill over the arguments of fellow Republicans, who pressed for a longer debt extension. Wednesday, President Trump, after meeting with Congressional leaders at the […]

US Tax Reform Plan Is “Pro-Worker and Pro-American”

US Tax Reform Plan Is “Pro-Worker and Pro-American”

US Tax Reform Plan Is “Pro-Worker and Pro-American” President Donald Trump declares that this new tax reform plan as “pro-worker and pro-American, urging Congress to “unite in the name of common sense” on the Key Legislative issue. In an op-ed piece for the Milwaukee Journal Sentinel, the President outlined the benefits to “dramatically reduce income […]

Pressure is on Congress as Lawmakers Return to DC

Pressure is on Congress as Lawmakers Return to DC

Pressure is on Congress as Lawmakers Return to DC Harvey has put heavy pressure on the lackluster US Congress as lawmakers get ready to return to Washington on Tuesday after a 5-week Summer recess. A big workload awaits them, including funding the government by month’s end and increasing the federal borrowing limit, and ever ending […]

ONE AMERICAN FAMILY

ONE AMERICAN FAMILY

ONE AMERICAN FAMILY TRUMP PENCE WEEKLY REPORT Hurricane Harvey could be deemed the costliest natural disaster in U.S. history with early estimates totaling $160-B in damage already. Last Tuesday, President Trump and the First Lady toured the affected Texas areas hit by Hurricane Harvey. The President praised the work being done across the state by government […]

New Fed Chairman Coming Soon

New Fed Chairman Coming Soon

New Fed Chairman Coming Soon White House senior economic adviser Gary Cohn was “mum” about his willingness to take over as Chairman of the Fed early next year. “I’m really excited to be doing what I’m doing,” Mr. Cohn said Friday when asked about his desire for the job of being head of the US […]

The Trump Administration Has a Very Detailed Tax Plan

The Trump Administration Has a Very Detailed Tax Plan

The Trump Administration Has a Very Detailed Tax Plan President Donald Trump’s Administration has a “very detailed” tax plan prepared that Treasury Secretary Steven Mnuchin “couldn’t be more excited” about. “The House and the Senate are now socializing the plan with their members,” Sec. Mnuchin said in a TV interview Thursday . “We’re going to […]

President Trump, “I Do Not Want to Be Disappointed” on Tax Reform

President Trump, “I Do Not Want to Be Disappointed” on Tax Reform

President Trump, “I Do Not Want to Be Disappointed”on Tax Reform US President Donald Trump outlined his vision for tax reform Wednesday that he said would streamline the nation’s burdensome tax code while cutting taxes for businesses and middle-income Americans, and thus warning Congress that “I do not want to be disappointed.” “This is our […]

President Trump’s Vision for America: “Bring Back ‘Main Street'”

President Trump’s Vision for America: “Bring Back ‘Main Street

President Trump’s Vision for America: “Bring Back ‘Main Street’” $DIA, $SPY, $QQQ, $VXX Wednesday in Missouri, US President Donald Trump declared that his push to overhaul the nation’s tax system would “bring back Main Street by reducing the crushing tax burden,” offering a populist appeal to a still-forming tax plan that would heavily benefit corporate […]

Tax Reform: Mr. President, “Keep it simple”

Tax Reform: Mr. President, “Keep it simple”

Tax Reform: Mr. President, “Keep it simple” One of the most enduring lessons from the American healthcare fiasco is that to win a political battle it is best to keep the message simple. If there are too many moving parts to a plan, if Americans don’t understand what the politicians are doing, or if there […]

Job Creation Coming from President Trump’s Tax Reform

Job Creation Coming from President Trump’s Tax Reform

Job Creation Coming from President Trump’s Tax Reform President Donald Trump kicked off his lobbying effort for a tax overhaul at an event with a Midwestern manufacturing backdrop and some economic tough talk in the “Show Me State” In Springfield, Missouri, Wednesday, President Trump said that the White House said will focus on his “Vision” […]

US Tax Reform Will Happen in 2017

US Tax Reform Will Happen in 2017

US Tax Reform Will Happen in 2017 Thursday, House Speaker Paul Ryan dismissed any notion of friction with the White House on tax reform, saying all parties “see Eye to Eye” and insisted that they will pass legislation in Y 2017. “We have a shared agenda. The President and Congress, we are eye to eye […]

US Market Rallies on Positive Trump Tax Cut News

US Market Rallies on Positive Trump Tax Cut News

US Market Rallies on Positive Trump Tax Cut News $DIA, $SPY, $QQQ, $VXX US stocks finished up Tuesday, with the 3 major indexes posting their best 1-day gainers in over a week, as lawmakers’ comments on tax reform and the debt ceiling boosted investor optimism. Wall Street rallied Tuesday as participants “bought the dip” that […]

GOP Lawmakers Find $450-M More in Tax Cuts

GOP Lawmakers Find $450-M More in Tax Cuts

GOP Lawmakers Find $450-M More in Tax Cuts A growing number of Key congressional Republicans are considering a move that would allow for about $450-B of tax cuts without offsets, according to congressional aides familiar with the discussions. Under the proposal, the GOP would not account for things like expiring tax breaks when gauging the […]

Theresa May Plans To Boost UK Economy By £135 Billion a Year

Theresa May Plans To Boost UK Economy By £135 Billion a Year

THERESA May’s plans for a hard Brexit could boost the UK economy by £135 billion a year, top economists have predicted. They believe the UK could reap trade gains worth £80bn annually by removing tariffs for both the European Union and the rest of the world. Deregulating the economy and other Brexit-related policies could provide […]

A 5 to 10% Pullback in the Market will be Bullish

A 5 to 10% Pullback in the Market will be Bullish

A 5 to 10% Pullback in the Market will be Bullish And Low Inflation in the US is Like a Tax Cut for the Economy Economist Larry Kudlow, a former adviser to President Ronald Reagan, said he is Bullish stocks because profits are rising, inflation is low and consumer confidence is high. “I’m very Bullish […]

President Trump to Sen. McConnell, “Here is my list, get to work”

President Trump to Sen. McConnell, “Here is my list, get to work”

President Trump to Sen. McConnell, “Here is my list, get to work” President Donald Trump to do list for Senate Majority Leader Mitch McConnell (R-KY) to get back in his good graces, as follows: Replace Obamacare Overhaul the US tax code and Find a way to pay for big infrastructure improvements. President Trump’s directives for […]

Tax Reform Nears, as Barack Obamacare Collapses

Tax Reform Nears, as Barack Obamacare Collapses

Tax Reform Nears, as Barack Obamacare Collapses Thursday, US House Speaker Paul Ryan said that tax reform talks are nearing a consensus to lower business taxes by closing loopholes and special interest deductions, the latest sign that the unpopular proposed BAT might not be included. Speaking at a New Balance shoe factory in Massachusetts, Speaker […]

American’s With Foreign Accounts, Listen Up

American’s With Foreign Accounts, Listen Up

American’s With Foreign Accounts, Listen Up If the total balance of your foreign financial accounts exceeds $10,000 at any time during a calendar year, then you must file an “FBAR” (FinCEN Form 114, Annual Report of Foreign Bank and Financial Accounts) with the US government for that year. An FBAR for a given year is […]

Lots of “Fast Growth” Ahead for the US Economy

Lots of “Fast Growth” Ahead for the US Economy

Lots of “Fast Growth” Ahead for the US Economy $DIA,  $SPY,  $QQQ,  $VXX Economists and pundits daily nay-say President Donald Trump’s economic agenda and forecast of 3% growth as fantasy. The consensus is that the economy “can’t possibly grow at 3%,” according to The Wall Street Journal. “Slow growth is the new norm, so get […]

GOP Lawmakers Optimistic on Tax Reform This Year

GOP Lawmakers Optimistic on Tax Reform This Year

GOP Lawmakers Optimistic on Tax Reform This Year $DIA, $SPY, $QQQ, $VXX US Stock Market Indexes Climb to New Record Highs, as The Trump Rally Extends Paul Ryan (R-WI), the top Republican in the US House of Representatives will reassure America’s business leaders Tuesday that tax reform is on track for this year. In what […]

US Tax Reform, Healthcare, New Budget Done by September

US Tax Reform, Healthcare, New Budget Done by September

US Tax Reform, Healthcare, New Budget Done by September Expect Congress to move on 3 Key Trump Administration issues: healthcare, tax reform, and the budget by September. Members of the Senate have been regularly meeting to hash out a healthcare bill and a version of the White House budget that was given to Congress last […]

FATCA Must Be ‘Killed” by This GOP Congress

FATCA Must Be ‘Killed” by This GOP Congress

FATCA Must Be ‘Killed” by This GOP Congress The Foreign Account Tax Compliance Act (FATCA) imposed a worldwide financial disclosure information regime on every financial institution in the world, it is an international nightmare. There are several major problems with FATCA which are widely discussed and debated. FATCA was passed into law in Y 2010 […]

Soft US Inflation May Warrant Interest Rate “Rethink”

Soft US Inflation May Warrant Interest Rate “Rethink”

Soft US Inflation May Warrant Interest Rate “Rethink” $DIA,  $SPY,  $QQQ,  $VXX Tuesday, Fed Governor Lael Brainard said soft US inflation may cause her to reassess the path forward for monetary policy should it linger, even as the global economic outlook brightens and US growth looks poised to rebound. “If the soft inflation data persist, […]

President Trump to US Senate, “Let’s Get Healthcare and Tax Reform Passed”

President Trump to US Senate, “Let’s Get Healthcare and Tax Reform Passed”

President Trump to US Senate, “Let’s Get Healthcare and Tax Reform Passed” President Donald Trump on Tuesday took to Twitter to again call for the end of the Senate filibuster so that healthcare and tax reform can get passed “fast and easy.” Follow Donald J. Trump ✔@realDonaldTrump The Us Senate should switch to 51 votes, […]

President Trump’s Tax Cuts Will Drive Jobs and Growth

President Trump’s Tax Cuts Will Drive Jobs and Growth

President Trump’s Tax Cuts Will Drive Jobs and Growth $DIA, $SPY, $QQQ,$VXX The long-term growth path for the US economy from Y’s 1950 to 2000 was 3.3%. Almost every year he was in office, former US President Barack Hussein Obama forecast that he would achieve more than 3% growth, he never got there in 8 […]

US Government Posts $182.4-B Budget Surplus

US Government Posts $182.4-B Budget Surplus

US Government Posts $182.4-B Budget Surplus $DIA, $SPY, $QQQ, $VXX The federal government ran the 2nd highest monthly surplus on record this April as tax revenues were pushed higher by a change in the deadline for corporate tax payments. The US Treasury Department says the surplus for April totaled $182.4-B, the 2nd largest surplus after […]

President Trump Right on Tax Reform, Slashing Regulation & Government Spending

President Trump Right on Tax Reform, Slashing Regulation & Government Spending

President Trump Right on Tax Reform, Slashing Regulation & Government Spending President Donald Trump has the right ideas about cutting taxes, regulation, and government spending. “If we want faster growth, the only recipe that gives you faster growth in the long run is increasing the productivity, the efficiency of your economy: Getting more output from […]

President Trump’s Order Allows Churches to Become Politically Active

President Trump’s Order Allows Churches to Become Politically Active

President Trump’s Order Allows Churches to Become Politically Active Thursday, US President Donald Trump signed an executive order that allows tax-exempt churches to more actively participate in politics and and may well free religious organizations to deny employees insurance coverage for birth-control pills. The order partially fulfills a campaign promise by President Trump, although he […]

America’s Small Businesses Need Tax, Healthcare, Banking Reforms

America’s Small Businesses Need Tax, Healthcare, Banking Reforms

America’s Small Businesses Need Tax, Healthcare, Banking Reforms Our country’s small businesses are hopeful that President Donald Trump’s plans for rolling back regulations and tax reform happen, as they feel both will stimulate the economy. “When small business owners put more money in their pockets, they hire new people and grow the economy,” Small Business Administration […]

The Trump Tax Cut Signals “the War against American Business is Over”

The Trump Tax Cut Signals “the War against American Business is Over”

The Trump Tax Cut Signals “the War against American Business is Over” US President Donald Trump’s proposed tax cuts will boost incentives for Americans to work, invest and save, good on Donald Trump. “The War against business is over,” Larry Kudlow said in an interview Wednesday. “The biggest single missing ingredient in tax policy over […]

Market Says, “The Trump Administration to Deliver Tax Reform”

Market Says, “The Trump Administration to Deliver Tax Reform”

Market Says, “The Trump Administration to Deliver Tax Reform” $DIA, $SPY, $QQQ, $VXX Markets are in full risk-on mode this week. DJIA gained 232.23 pts or 1.12% to close at 20996.12 Tuesday. S&P 500 also rose 14.46 pts or 0.61% to close at 2388.61. Both indexes took out Key resistance at 20887.5 and 2378.36 respectively […]

President Trump, “No administration has accomplished more in its 1st 90 days”

President Trump, “No administration has accomplished more in its 1st 90 days”

President Trump, “No administration has accomplished more in its 1st 90 days” President Donald Trump touted his accomplishments during a visit to Kenosha, Wisconsin Tuesday, where he promised major victories on tax reform and healthcare. “No administration has accomplished more in the !st 90 days,” President Trump said Wednesday, according to Politico, after he toured […]

President Trump’s Team is Drafting Tax Reform Legislation

President Trump’s Team is Drafting Tax Reform Legislation

President Trump’s Team is Drafting Tax Reform Legislation US President Donald Trump’s administration is working on a new tax reform legislation  that goes beyond the House of Representatives’ tax reform blueprint, according to the latest reports I have received. “The House can go and do what they want to do. We are going to formulate […]

President Trump Sharpens His Tax Cut, Deregulation Message

President Trump Sharpens His Tax Cut, Deregulation Message

President Trump Sharpens His Tax Cut, Deregulation Message $DIA, $SPY, $QQQ, $VXX The Trump Administration is sharpening its focus and message on a tax plan that will win quick approval in Congress and help to boost the US economy. President Trump’s 1st 11 weeks in office have included executive orders to remove some of Barack […]

America’s Small Business Optimism Running a Record Highs

America’s Small Business Optimism Running a Record Highs

America’s Small Business Optimism Running a Record Highs Small business optimism remained at one of its highest readings in 43 years, as small business awaits a new healthcare law, tax reform, and regulatory relief from Washington, according to the February National Federation of Independent Business (NFIB) Small Business Optimism Index, released today. “It is clear […]

The Trump Rally Has Room to “Grow”

The Trump Rally Has Room to “Grow”

The Trump Rally Has Room to “Grow” $DIA, $SPY, $QQQ, $VXX The US stock market rally since Republican Donald Trump won the Presidential election has more room to grow as the President Drives his pro-business agenda. “There’s more upside. Starting from when he was President-elect he started this stock market boom,” said author David Horowitz. […]

Prominent US Lawmakers Urge President Trump to Repeal FATCA

Prominent US Lawmakers Urge President Trump to Repeal FATCA

Prominent US Lawmakers Urge President Trump to Repeal FATCA Rep. Mark Meadows and Sen. Rand Paul have sent a letter to Treasury Secretary Steven Mnuchin and OMB Director Mick Mulvaney urging President Trump take action to “mitigate the ongoing damage” caused by the Foreign Account Tax Compliance Act (FATCA) and quickly repeal the law. FATCA […]

Residential Property Sales & Leasing in UAE to be Exempt from VAT

Residential Property Sales & Leasing in UAE to be Exempt from VAT

Residential Property Sales & Leasing in UAE to be Exempt from VAT $GLD, $SLV, $PLAT The 1st sale of new residential property in the country will be subject to the Zero rate of VAT. Investment Gold, Silver and Platinum will also be Zero-rated. Supplies of residential property including sales and leasing in the UAE will be […]

Real Estate: Property Taxes in US on the Rise

Real Estate: Property Taxes in US on the Rise

Real Estate: Property Taxes in US on the Rise Property taxes rose a record-3.2% in FY 2016, according to reports. The 2016 amount of taxes collected was $540,701,000,000 compared to $523,952,380,000 in Y 2015. New Jersey property owners paid the most taxes in  Y 2016, reports WalletHub, with annual taxes set at 2.35%. The rate […]

Should Robots Be Taxed If They Take People’s Jobs?

Should Robots Be Taxed If They Take People’s Jobs?

Should Robots Be Taxed If They Take People’s Jobs? $GOOGL, $AMZN Economist Robert Shiller says that just “maybe” robots should be taxed if they end up taking away jobs from hard-working Americans. Professor Shiller argued that there has been a flood of innovations that make life easier for people, yet eliminate the human element, such […]

Senator Schumer (D-NY) is Coming Around to the “Death” of Obamacare

Senator Schumer (D-NY) is Coming Around to the “Death” of Obamacare

Senator Schumer (D-NY) is Coming Around to the “Death” of Obamacare US Senate Minority Leader Chuck Schumer said his party is willing to work on Barack Obamacare repairs, as long as Republicans drop their demands to repeal the law. “We Democrats, provided our Republican colleagues drop replace and stop undermining the ACA (Affordable Care Act) […]

President Donald Trump’s Dealmaking Reminiscent of the Gipper’s

President Donald Trump’s Dealmaking Reminiscent of the Gipper’s

President Donald Trump’s Dealmaking Reminiscent of the Gipper’s Larry Kudlow, an economics adviser to President Ronald Reagan, said Tuesday that President Donald Trump’s dealmaking with lawmakers is reminiscent of the Gipper’s. On Tuesday, President Trump addressed Republican lawmakers in a closed-door meeting at the Capitol, warning them that they could lose their seats in Congress […]

Tax & Regulatory Reform are America’s CEO’s Top Priorities

Tax & Regulatory Reform are America’s CEO’s Top Priorities

Tax & Regulatory Reform are America’s CEO’s Top Priorities $JPM Most CEO’s of large US companies see tax and regulatory reform as their Top policy priorities, with only 3% naming healthcare reform, according to a survey released Tuesday. The Business Roundtable Quarterly survey showed broad hopefulness about US economic prospects in the wake of the […]

US Stocks Bullish on President Trump’s Tax Reform Policy

US Stocks Bullish on President Trump’s Tax Reform Policy

US Stocks Bullish on President Trump’s Tax Reform Policy $DIA, $SPY, $QQQ, $VXX Steve Forbes, Chairman/Editor-in-Chief of Forbes Media, is optimistic that stocks have room to reach new records as President Donald Trump pushes forward with his vows to cut taxes and regulations. “Markets always try to anticipate the future. One of the reasons it […]

Americans Renouncing Citizenship in Record Numbers

Americans Renouncing Citizenship in Record Numbers

Americans Renouncing Citizenship in Record Numbers A record 5,409 Americans renounced their citizenship last year, including 2,364 in the 4th Quarter,  primarily because of the nation’s tax system, Fortune magazine reported Monday The spike is more than 26% increase from the 4,279 who handed in their passports in Y 2015, federal records show. According to […]

Many “Blue” States are Broke, Need Money Like O2

Many “Blue” States are Broke, Need Money Like O2

Many “Blue” States are Broke, Need Money Like O2 Many Blue stat Governors and state legislators say they are running out of money again, and many are demanding tax hikes to close budget gaps. More than 50% the states are facing big deficits this year, and they are mostly Blue states, including:  California, Connecticut, Delaware, […]

This Week, Market’s Focus on President Trump Message to Congress

This Week, Market’s Focus on President Trump Message to Congress

This Week, Market’s Focus on President Trump Message to Congress $SPY, $GLD, $USD Tuesday evening, 28 February, US President Donald Trump is slated to give a major address to a joint session of Congress in lieu of the usual State of the Union address. This 1st official congressional address by our President may be pivotal […]

US President Donald Trump’s Economic Plan to Spur GDP

US President Donald Trump’s Economic Plan to Spur GDP

US President Donald Trump’s Economic Plan to Spur GDP $DIA, $SPY, $QQQ, $VXX Economic experts now believe that the Trump White House estimates of economic growth of 3 to 3.5% are actually “too conservative” and the economy is poised to expand much faster than that. “With Reagan, we put up 4% growth rates coming out […]

The Surging Stock Markets Reflects Confidence in Trump Agenda

The Surging Stock Markets Reflects Confidence in Trump Agenda

The Surging Stock Markets Reflects Confidence in Trump Agenda $SPY Thursday in a press conference, US President Donald Trump credited high confidence and optimism in the early weeks of his administration for new stock market highs, despite his low approval ratings, and suggested markets will act even more favorably once the White House and congressional […]

President Trump In Oval Office Summit With Major US Retailer CEO’s

President Trump In Oval Office Summit With Major US Retailer CEO’s

President Trump In Oval Office Summit With Major US Retailer CEO’s $AZO, $BBY, $GPS, $JCP, $TGT. $WBA US President Donald Trump is meeting with a group of retailers Wednesday morning to discuss his at the border-adjustment tax. The retailers will meet with members of Congress as well as the President, according to the head of government relations […]

The US “War on Business” is Over in The Age of Trumpism

The US “War on Business” is Over in The Age of Trumpism

The US “War on Business” is Over in The Age of Trumpism $SPY US President Donald Trump’s coming incentive-based tax policy will show that former President’s Bill Clinton’s and Barack Hussein-Obama’s war on business is over and American companies will be rewarded, not punished by over burdening and unnecessary government regulation. “The business tax rates […]

Experts Urge Repeal of Obama Era Foreign Account Tax Compliance Act

Experts Urge Repeal of Obama Era Foreign Account Tax Compliance Act

Experts Urge Repeal of Obama Era Foreign Account Tax Compliance Act FATCA turns law-abiding, middle-class Americans living overseas, of whom there are approximately 8-M, into financial pariahs Nigel Green, Founder/CEO of deVere Group, 1 of the world’s largest independent financial organizations, has launched a Washington, DC-based lobbying and media campaign to repeal the Foreign Account […]

President Donald Trump’s Tax Code Changes a Happy Day for Shareholders

President Donald Trump’s Tax Code Changes a Happy Day for Shareholders

President Donald Trump’s Tax Code Changes a Happy Day for Shareholders $DIA, $SPY, $QQQ, $VXX US President Donald Trump and Congressional Republicans have plans to change the tax code to give businesses greater incentive to invest in the US and to hire more Americans. That could mean a “Happy” payday for shareholders of technology giant […]

Judge Andrew Napolitano, “Democrats are no longer laughing at Trump”

Judge Andrew Napolitano, “Democrats are no longer laughing at Trump”

  Judge Andrew Napolitano, “Democrats are no longer laughing at Trump” President Donald Trump has committed the most revolutionary act I’ve seen in 45 years Within four hours of becoming president of the United States, Donald Trump signed an executive order intended to limit immediately the effects of the Patient Protection and Affordable Care Act […]

Donald Trump’s Tax Cuts Could/Will Jump-Start Global Economy

Donald Trump’s Tax Cuts Could/Will Jump-Start Global Economy

Donald Trump’s Tax Cuts Could/Will Jump-Start Global Economy US President Elect Donald Trump’s tax cuts and spending plans could deliver a strong shot in the arm to the US economy, lifting growth around the world, although uncertainty about his trade policies adds to the risks, that according to the World Bank (WB). The Trump Admin […]

US President Donald Trump’s Tax Cuts “Economic Nirvana”

US President Donald Trump’s Tax Cuts “Economic Nirvana”

US President Donald Trump’s Tax Cuts “Economic Nirvana” US President Elect Donald Trump’s proposed tax policies will have a positive effect much the same President Ronald Reagan’s did. Economist Art Laffer, a former member of Ronald Reagan’s Economic Policy Advisory Board, said that Donald Trump should not worry about America’s growing trade deficit, and he […]

Chinese Real Estate Investment Moves to Seattle, Washington

Chinese Real Estate Investment Moves to Seattle, Washington

Chinese Real Estate Investment Moves to Seattle, Washington $AMZN, $MSFT Vancouver, BC’s new property tax triggered a new wave of Chinese real estate investment in Seattle, Washington Vancouver, which has seen detached-home prices 2X’d in the past 10 years, joined areas including Australia and Hong Kong in taking steps to slow housing demand after an […]

Wall Street Sees a Windfall, as Washington Works Out the Details

Wall Street Sees a Windfall, as Washington Works Out the Details

Wall Street Sees a Windfall, as Washington Works Out the Details $GS Wall Street can’t wait to get its hands on some of the $2.5-T cash pile that US companies have stashed overseas. Neither can Washington. In fact, a revenue-raising proposal by President Elect Donald Trump is what focused investors’ attention on the hoard of foreign […]

It is Time for Americans to Be Optimistic Again

It is Time for Americans to Be Optimistic Again

It is Time to Be Optimistic Again $SPY Donald Trump’s plans for the economy will boost deficits, interest rates and growth but also will create opportunities for ordinary investors, it is time for Americans to be optimistic again. Both Trump and Hillary Clinton promised sorely needed additional spending on roads and public structures, schools, railway […]

American Beverage Association Spending Millions Fighting “Soda” Tax

American Beverage Association Spending Millions Fighting “Soda” Tax

American Beverage Association Spending Millions Fighting “Soda” Tax $KO, $PEP A recent series of measures to tax sugary drinks, in an effort to fight obesity and diabetes, are forcing soda companies such as Coke (NYSE:KO), and Pepsi (NYSE:PEP) to reinvent themselves and diversify not only their business model, but their public image Voters and lawmakers […]