President Trump Will Continue to Defend the US Economy (Video)

President Trump Will Continue to Defend the US Economy (Video)

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 (+0.1%), DJIA (+0.1%), and NAS Comp (+0.1%) eked out incremental gains to close at record highs Monday. The Russell 2000 (-0.3%) closed in negative territory.  Before President Trump, China has intended to take over the world. White House economic adviser Larry Kudlow proclaimed that President Trump will […]

Chief Justice Blocks House’s Attempt to Access President Trump’s Tax Returns

Chief Justice Blocks House’s Attempt to Access President Trump’s Tax Returns

Chief Justice John Roberts ordered an indefinite delay in the House of Representatives’ demand for President Trump’s financial records to give the Supreme Court time to figure out how to handle the dispute, and his order contains no hint about what the court ultimately will do. The court’s hold could last a matter of days […]

President Trump Summoned Mr. Powell to the White House

President Trump Summoned Mr. Powell to the White House

Moonday, President Trump summoned Fed Chairman Powell to the White House to discuss the economy and interest rates. President Trump tweeted after the meeting that it had been “good & cordial.” The Fed said in a statement that Mr. Powell’s message to Preisdent Trump was similar to the one he expressed in congressional testimony last week, when […]

President Trump, “Record Setting Stocks Have Great Potential for Future”

President Trump, “Record Setting Stocks Have Great Potential for Future”

$DIA, $SPY, $QQQ, $RUTX, $VXX “USA is where the action is. Companies and jobs are coming back like never before!” President Trump continues to applaud as the US stock market continues to set records, predicting this Bull market will set even more historical highs in the future. “Hit New Stock Market record again yesterday, the […]

US Economy Must Grow Faster Than the Federal Debt, President Trump is Correct

US Economy Must Grow Faster Than the Federal Debt, President Trump is Correct

Fed Chairman Powell likes to avoid any hint of politics in his public statements, but in a non-controversial response to a Question about US government borrowing Wednesday, he weighed in on one of the core issues in the political debate over how to manage the economy. Over the past year in particular, many mainstream economists […]

Impeachment Probe Does Not Bother President Trump or the Stock Market

Impeachment Probe Does Not Bother President Trump or the Stock Market

$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500, DJIA closed at record highs, again! Public impeachment hearings in Congress about President Trump’s attempts to pressure Ukraine to have scant influence on markets, some analysts said Wednesday. These hearings will be the height of drama inside the beltway, but our sense is that the market impact will […]

President Trump Talks Economy and Trade, Market Responds Positively

President Trump Talks Economy and Trade, Market Responds Positively

$DIA, $SPY, $QQQ, $RTUX, $VXX The benchmark S&P 500 stock index posted a slim gainer Tuesday as President Trump said the United States is close to signing an initial trade deal with China and lauded the economy. The S&P 500 and NAS marked all-time highs during trading but stocks ended off session highs with investors […]

President Trump, “We Have Delivered on Our Promises, Exceeding All Expectations” (Video)

President Trump, “We Have Delivered on Our Promises, Exceeding All Expectations” (Video)

$SPY Over 1,350 people attended the lunchtime speech according to the Economic Club of NY spokeswoman. The club’s membership is a who’s who of New York’s financial elite, and its trustees include John Williams, president of the Federal Reserve Bank of New York, and billionaire hedge fund investor John Paulson, 1 of President Trump’s Top […]

Commentary: Merkel Needs President Trump to End the Trade Dispute

Commentary: Merkel Needs President Trump to End the Trade Dispute

$VLKAY, $BMWYY, $DDAIF The German economy is at the cusp of recession Now 30 yrs after the fall of the Berlin Wall, and 29 years after Germany was reunified into 1 country, Europe’s strongest economy is facing significant headwinds that risk spilling over into the rest of the EU and the world The closely watched […]

The Trump Economy Working for Minorities

The Trump Economy Working for Minorities

Despite his reputation for being racially divisive, President Trump’s approval ratings have drifted upward among non-Whites in the last 2 years. While it’s impossible to say exactly why, but a reasonable explanation is that the US’s long economic expansion has been particularly beneficial for minority workers. There is strong evidence that President Trump’s rhetoric on […]

President Trump Puts New Sanctions on Iran

President Trump Puts New Sanctions on Iran

Monday, The Trump administration sanctioned members of Iranian supreme leader Ayatollah Ali Khamenei’s inner circle. Separately, the administration is issuing an up to $20-M reward for information about missing former FBI agent Robert Levinson. He disappeared in Iran in Y 2007 but the Iranian government has never acknowledged arresting him. Senior administration officials announced the […]

President Trump Weighs in on BREXIT Impasse

President Trump Weighs in on BREXIT Impasse

Sunday, President Trump urged British Prime Minister Boris Johnson and Brexit Party leader Nigel Farage to come together to safeguard prospects for expanded US-UK trade after Britain leaves the European Union. President Trump told reporters at the White House that both men were friends of his, but Mr. Johnson was “the right man for the […]

More Trump History May Be in the Making

More Trump History May Be in the Making

President Donald Trump may make history once again, as he is on track to become the 1st US President to be impeached for being too successful doing all the right things. Yesterday’s House vote, along party lines, is setting in motion a plan to impeach the President because his record is so strong the Democrats […]

President Trump, “The Fed does not have a clue!” (Update)

President Trump, “The Fed does not have a clue!” (Update)

Fed statement: “the labor market strong and that economic activity rising at a moderate rate, job gains have been solid, on average, the unemployment rate low, household spending strong, business fixed investment and exports weak inflation sans than food & energy below 2% ” President Trump launched a fresh attack on the Fed Tuesday, saying […]

Poll: President Trump’s Base Holding Firm

Poll: President Trump’s Base Holding Firm

In a sign President Trump’s base continues to support him, 40% of voters agree he is the victim of a political “lynching,” according to a new USA Today/Suffolk University poll. Still, 54% of those polled disagree. USA Today noted that while the President’s core supporters do not make up a majority of the electorate, they do give […]

Paul Ebeling’s DC Commentary: “Investors Ignoring Trump Impeachment ‘Noise'”

Paul Ebeling’s DC Commentary: “Investors Ignoring Trump Impeachment ‘Noise

$USD, $DIA, $SPY, $QQQ, $RUTX, $VXX The US Dem House’s impeachment focus is not even a distraction to the financial market, as nothing will or can come of it, as in the world of geopolitics something big happened at the weekend. Sunday, President Trump announced that Abu Bakr al-Baghdadi, the leader of the so-called Islamic […]

President Trump, “The ISIS Leader Died ‘Whimpering, Crying and Screaming'” (Video)

President Trump, “The ISIS Leader Died ‘Whimpering, Crying and Screaming

Sunday, President Trump announced that ISIS leader Abu Bakr al-Baghdadi died during an overnight raid led by US military forces in Syria, a major victory. President Trump said the world’s most wanted terrorist died “whimpering and crying and screaming.” No US personnel were lost in the operation, however “many” of al-Baghdadi’s fighters or companions were […]

President Trump has No Concern about Impeachment Witnesses, WP Story ‘Phony’

President Trump has No Concern about Impeachment Witnesses, WP Story ‘Phony’

Saturday, President Trump admonished the Washington Post for a “phony” story that reports he is irked and worried amid Democrats’ impeachment inquiry. In a Tweet, President Trump put down the Friday article reporting that he is frustrated witnesses are coming forward to testify  before the House. “The Fake Washington Post keeps doing phony stories, with zero sources, that […]

President Trump, “Here is the Thing, I am the Team”

President Trump, “Here is the Thing, I am the Team”

Friday, President Trump waved off the need for any extra help in countering House Democrats’ impeachment efforts, declaring “I’m the team.” The remarks outside the White House before leaving for an event in South Carolina recalled Donald Trump’s 2016 declaration while accepting the GOP Presidential nomination that “I alone can fix it.” “Here’s the thing. I do […]

“No and No” to President Trump’s Impeachable Offenses

“No and No” to President Trump’s Impeachable Offenses

Alan Dershowitz, Harvard Law professor emeritus, accused those seeking to impeach President Trump of engaging in an “Alice in Wonderland process.” He made his comments in a column posted Thursday on the Gatestone Institute’s website. “The goal of the impeach-at-any-cost cadre has always been the same: impeach and remove Trump, regardless of whether or not he […]

Dems Push for President Trump’s Impeachment is Illegitimate

Dems Push for President Trump’s Impeachment is Illegitimate

No US President has ever been removed from office via impeachment. Congressional Republicans pressed efforts to discredit the Democratic-led impeachment inquiry against President Trump Thursday with plans for a Senate resolution calling it illegitimate, while the White House lauded lawmakers in his party who stormed into a high-security room and interrupted testimony. The House is […]

There is No Substance for the Impeachment of President Trump

There is No Substance for the Impeachment of President Trump

There is “no substance” to Democrats’ allegations Vs President Trump, and their closed-door hearings are being held “with a predetermined outcome,” House Freedom Caucus Chairman Andy Biggs said Thursday while explaining why GOP lawmakers decided to push their way into a closed-door hearing. “What we felt was so important is to elevate the conversation for […]

Impeachment is All About Stopping ‘The Trump Economy’

Impeachment is All About Stopping ‘The Trump Economy’

The Pelosi/Schiff House led impeachment investigation Vs President Donald Trump is all about the collapsing the economy. “This economy is the best economy in 30 years,” Christopher Ruddy said in a TV interview Thursday, referencing the insights of Yale economist Robert Shiller. “He is not known for being a Republican,” Mr. Ruddy said. “An incredible […]

American Airlines Up, Evidence the Trump Economy is Strong

American Airlines Up, Evidence the Trump Economy is Strong

American Airlines rode strong demand for flying in the traveling public to higher earnings Thursday despite mounting costs connected to the prolonged grounding of the Boeing 737 MAX. Fuller flights amid a good consumer environment enabled American’s profits to soar 14.2 percent higher in third-quarter to $425 million. Revenues increased three percent to $11.9 billion. […]

Some Perspective on “The Trump Lynching”

Some Perspective on “The Trump Lynching”

Deputy Press Secretary Hogan Gidley Tuesday defended President Trump’s use of the word “lynching” in a Tweet to describe the impeachment inquiry Vs him that when he talks about how the media and Democrats have been treating him since the day he announced his candidacy. “The day he was elected, before being sworn into office they were already […]

Facebook, Inc. (NASDAQ:FB) Earnings Trumps Politics

Facebook, Inc. (NASDAQ:FB) Earnings Trumps Politics

Facebook, Inc. (NASDAQ:FB) Earnings Trumps Politics If you listen to the media, it seems that everybody hates Facebook (FB) right now. They are under attack from all sides and provide a rare example of bipartisanship, as Democrats and Republicans alike are criticizing it regularly. Unlike politicians, traders are looking at the company’s results rather than […]

Media’s Efforts to Impeach President Trump Exposed

Media’s Efforts to Impeach President Trump Exposed

Monday, Christopher Ruddy declared that the House impeachment probe against President Trump is a political “media effort to get the President without any evidence of a crime” that is backed by flawed polling and despite other surveys showing strong support for the President. “This has been a plan and a strategy for the Democrats from […]

Mexico Is Paying for President Trump’s Wall (in Part)

Mexico Is Paying for President Trump’s Wall (in Part)

Mexico’s massive deployment of its federal forces along the US southern border is blocking migrants from reaching the United States providing and paying for President Trump’s border wall. A Mexican military operation by military police from Mexico’s National Guard has blocked a large caravan of migrants in Tuzantan, Mexico, who were trying to head North and […]

Trump: Turkey faces ‘big sanctions’ over Syria actions

Trump: Turkey faces ‘big sanctions’ over Syria actions

US President Donald Trump warned Monday that Turkey faces imminent sanctions over its incursion into northeastern Syria against Kurdish militia, but also signalled that Washington would avoid armed conflict with Ankara. “Big sanctions on Turkey coming!” Trump said, after Turkish attacks stepped up over the weekend on the Syrian Kurds, who had allied with the […]

President Trump has China “Where He Wants Them on Trade” + Closing Market Summary

President Trump has China “Where He Wants Them on Trade” + Closing Market Summary

$DIA, $SPY, $QQQ, $RUTX, $VXX Stock market guru, Jim Cramer said President Trump has the upper hand in the China trade distpute because tariffs are hurting the Chinese economy way more than the US economy. “Hate him or like him, he has them where he wants them,”  Mr. Cramer said on TV Friday. “I always […]

Dow Jones Industrial Average (.DJI) rallying strongly as Donald Trump and China prime markets for a possible trade deal

Dow Jones Industrial Average (.DJI) rallying strongly as Donald Trump and China prime markets for a possible trade deal

Dow Jones Industrial Average (.DJI) rallying strongly as Donald Trump and China prime markets for a possible trade deal The stock market bounced aggressively on the news that Trump and Chinese Vice Premier Liu He will meet tomorrow in the White House as the “surprise” teased by Larry Kudlow comes to fruition. Additionally, a soft US CPI number gave […]

Dow Jones Industrial Average (.DJI) Ignores Trump Tweetstorm, Begs for Trade War Progress

Dow Jones Industrial Average (.DJI) Ignores Trump Tweetstorm, Begs for Trade War Progress

Dow Jones Industrial Average (.DJI) Ignores Trump Tweetstorm, Begs for Trade War Progress Minutes before the closing bell, the Dow Jones Industrial Average had lost 41.73 points or 0.16%, dropping the index to 26,531.99. The DJIA had traded as high as 26,655.84 earlier in the session. Putting Trump’s Turkish comments in context, the president announced that the […]

Japanese Yen: USD/JPY (JPY=X) Trump could trigger a break

Japanese Yen: USD/JPY (JPY=X) Trump could trigger a break

Japanese Yen: USD/JPY (JPY=X) Trump could trigger a break The Dollar/Yen is trading lower on Monday as renewed concerns over U.S.-China trade relations encouraged investors to seek shelter in the safe-haven Japanese Yen. Last week, the Forex pair was pressured by a series of weaker-than-expected U.S. economic report that dramatically increased the chances of a […]

President Trump Doing “Lord’s Work” when it comes to the US Economy

President Trump Doing “Lord’s Work” when it comes to the US Economy

$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the White House chief economic adviser Larry Kudlow declared President Trump is doing the “Lord’s work” when it comes to defending the US economy in terms of dealing with China, and said he does not believe there is a recession in sight under current scenario. “I know everybody wants […]

UK FTSE 100 (.FTSE) posts biggest drop for over 3 years as global growth, trade wars, Brexit, Trump worries create perfect storm

UK FTSE 100 (.FTSE) posts biggest drop for over 3 years as global growth, trade wars, Brexit, Trump worries create perfect storm

UK FTSE 100 (.FTSE) posts biggest drop for over 3 years as global growth, trade wars, Brexit, Trump worries create perfect storm The FTSE 100 index recorded its biggest one-day drop for more than three years as fears over the state of the US and global economies amid trade war concerns and intensifying Brexit worries created the perfect […]

President Trump: “‘Nice Victory’ on EU Trade Tariffs”

President Trump: “‘Nice Victory’ on EU Trade Tariffs”

$BA, $EADSF Thursday, President Trump hailed as a “nice victory” when the United States got the Green light to place tariffs on European Union goods in a row over EU aircraft subsidies. Wednesday’s decision by the WTO left Scottish whisky makers, Spanish winemakers and French cheesemakers fuming as the US tariffs targeted products from countries […]

President Trump Was Framed by the Democrats

President Trump Was Framed by the Democrats

President Donald Trump’s personal attorney Rudy Giuliani said his work with the Ukraine was not about finding dirt on former Vice President Joe Biden, but investigating Ukraine-Hillary Clinton collusion in the Y 2016 Presidential election and “proving Donald Trump was framed by the Democrats.” “I am defending my client the best way I know how,” Mr. […]

“I’m actually a lot nicer than most people think!”–President Trump

“I’m actually a lot nicer than most people think!”–President Trump

Friday, President Trump’s re-election campaign and the Republican National Committee (RNC) announced that they are spending a combined $10-M on ads attacking Joe Biden over Ukraine and the House Democrats for beginning an impeachment inquiry of the President. One e-Mail mailing that went out Saturday referred to the “phone call from hell” — a reference […]

President Trump Could Delist Chinese Companies From US Markets

President Trump Could Delist Chinese Companies From US Markets

$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, US financial markets suffered a trade-related happening on concern The Trump Administration may move to limit US investment in China, a move sure to raise tensions. The S&P 500 turned lower after it was reported that officials are discussing ways to restrict portfolio flows into the world’s 2nd-largest economy. […]

Dow Jones Industrial Average (.DJI) rises on Trump’s trade comments

Dow Jones Industrial Average (.DJI) rises on Trump’s trade comments

Dow Jones Industrial Average (.DJI) rises on Trump’s trade comments U.S. stock indexes rose on Wednesday after President Donald Trump said a trade deal with China could happen sooner than expected, while Nike’s shares hit a record high on upbeat quarterly results. Wall Street had a sluggish start after Democratic lawmakers moved to launch an […]

NASDAQ Composite (.IXIC) retakes 8,000 as Trump says China trade deal ‘could happen sooner than you think’

NASDAQ Composite (.IXIC) retakes 8,000 as Trump says China trade deal ‘could happen sooner than you think’

NASDAQ Composite (.IXIC) retakes 8,000 as Trump says China trade deal ‘could happen sooner than you think’ U.S. stock-market benchmarks late-morning Wednesday were trading near session highs, with banks, consumer-staples, and discretionary stocks helping to power a rise. The Dow Jones Industrial Average DJIA, +0.61% was up 140 points, or 0.5%, at 26,950, the S&P 500 index SPX, +0.62% was rising […]

United States Oil (USO) fell as U.S. President Donald Trump fanned market fears that Sino-American trade tensions are far from settled

United States Oil (USO) fell as U.S. President Donald Trump fanned market fears that Sino-American trade tensions are far from settled

United States Oil (USO) fell as U.S. President Donald Trump fanned market fears that Sino-American trade tensions are far from settled Oil prices fell 2% on Tuesday as U.S. President Donald Trump fanned market fears that Sino-American trade tensions are far from settled amid ongoing negotiations, a grim sign for oil demand growth. Trump sharply […]

President Trump Denounced Iran’s “blood lust”

President Trump Denounced Iran’s “blood lust”

Tuesday, President Trump denounced Iran’s “blood lust” and called on other nations to join the United States to pressure Iran after attacks on Saudi Crude Oil production facilities, but said there is a path to peace. “America knows that while anyone can make war, only the most courageous can choose peace,” President Trump said Tuesday […]

Australia: S&P/ASX 200 (.AXJO) poised to open sharply lower after President Donald Trump took a harsh stance against China’s approach to trade

Australia: S&P/ASX 200 (.AXJO) poised to open sharply lower after President Donald Trump took a harsh stance against China’s approach to trade

Australia: S&P/ASX 200 (.AXJO) poised to open sharply lower after President Donald Trump took a harsh stance against China’s approach to trade All the big banks rose, with ANZ up 1.3 per cent to $28.28, Westpac up 0.4 per cent to $29.92, NAB up 0.6 per cent to also close at $29.92, and Commonwealth up 0.1 per cent to $82.10. In the materials […]

President Trump and Australia’s PM Scott Morrison Open Plant in Ohio

President Trump and Australia’s PM Scott Morrison Open Plant in Ohio

Sunday, President Donald Trump’s run-up to the UN General Assembly was a visit to 2 Key political states, Texas and Ohio, with 2 world leaders at very successful events. Sunday, in Wapakoneta, Ohio, President Trump and Australian PM Scott Morrison visited a recycled paper factory being opened by Anthony Pratt, an Australian businessman who is […]

President Trump Has “Muscled” the Stock Market Away from the Fed

President Trump Has “Muscled” the Stock Market Away from the Fed

$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX This week the Fed cut interest rates for the 2nd time since the Great Recession, and found its hands full with another event with potentially catastrophic implications for the economy. In short, liquidity in the repo markets, a critical cog in the financial system machine seized Tuesday. In response, […]

President Trump Hammers Fed’s Powell, “No Guts, No Sense, No Vision!”

President Trump Hammers Fed’s Powell, “No Guts, No Sense, No Vision!”

$DIA, $QQQ, $SPY, RUTX, $VXX President Trump Tweeted: “Fed, Powell ‘Fail Again’”After FOMC Rate Cut The Fed cut interest rates for the 2nd time since July, and it was not enough for President Trump. President Trump assailed policy makers just mins after their decision Wednesday to cut the benchmark interest rate by 25 bts. “Jay […]

Majority of Business Leaders Say President Trump Will Win in 2020

Majority of Business Leaders Say President Trump Will Win in 2020

More than 67% of North American CFOs (chief financial officers) surveyed by CNBC say President Trump will be re-elected in Y 2020. About a 25% believe former Vice President Joe Biden will win. This is the 1st time the CNBC Global CFO Council survey has asked executives about the upcoming elections. The survey also showed that a majority […]

President Trump is Reshaping the American Judiciary

President Trump is Reshaping the American Judiciary

The Senate confirmed President Trump’s 150th judicial nominee this week, bringing the total to 152, including 2 Supreme Court justices, a milestone lauded by Trump himself Friday. “Historic Milestone indeed!” President Trump said on Twitter, referencing a report from The Washington Examiner . The 150 milestone was reached Wednesday, said Senate Judiciary Committee Chairman Lindsey Graham (R-SC). “I’m […]

American Voters See President Trump Has Taken Charge of the Economy, Having Effectively Sidelined the Fed

American Voters See President Trump Has Taken Charge of the Economy, Having Effectively Sidelined the Fed

Attention: Now what really matters is just what the President does and is going to do. President Trump blames the Fed for a slowing US economy, some blame it on him. A survey conducted with YouGov showed 28% of American adults believe the President in general is most responsible for the economy. That surpasses the […]

Trump is prepared to keep, raise tariffs on Chinese goods

Trump is prepared to keep, raise tariffs on Chinese goods

U.S. President Donald Trump is prepared to keep or even raise tariffs on Chinese imports amid ongoing trade talks, Treasury Secretary Steven Mnuchin said on Thursday, after both sides granted concessions ahead of the next round of negotiations. Still, Mnuchin said in an interview on CNBC, U.S. officials were looking to make progress when talks […]

President Trump May Meet Iran’s Rouhani at UN With “No Preconditions”

President Trump May Meet Iran’s Rouhani at UN With “No Preconditions”

Tuesday, Secretary of State Mike Pompeo said that President Trump may meet with Iranian President Hassan Rouhani at the upcoming United Nations meeting, with “no preconditions.” Secretary Pompeo made the comments at a press briefing to unveil new sanctions on groups including Iran’s Islamic Revolutionary Guard Corps. An official familiar with the disagreements between President […]

President Trump Turning His Millions of Supporters into a’Digital Army’

President Trump Turning His Millions of Supporters into a’Digital Army’

$FB, $TWTR President Trump has used Twitter (NYSE:TWTR) as a direct connector to his supporters throughout his Presidency sidestepping the MSM, and he will soon have another tool to get his message out unfiltered. The Trump reelection campaign is launching a social networking app to harness the dedicated energy among his army of supporters. The coming […]

President Trump Will Sanction Whoever Buys Iran’s Crude Oil

President Trump Will Sanction Whoever Buys Iran’s Crude Oil

The Trump Administration will continue to impose sanctions on whoever purchases Iran’s Crude Oil or conducts business with Iran’s Revolutionary Guards and no Crude Oil waivers will be re-issued. “We will continue to put pressure on Iran and as President (Trump) said there will be no waivers of any kind for Iran’s oil,” said Sigal […]

President Trump Canceled Peace Talks with Taliban Over Attack

President Trump Canceled Peace Talks with Taliban Over Attack

Saturday evening, President Trump said he canceled peace talks with Afghanistan’s Taliban leaders after the insurgent group said it was behind an attack in Kabul that killed an American soldier and 11 other people. President Trump said he planned a secret meeting with the Taliban’s “major leaders” Sunday at the Presidential compound in Camp David, Maryland. […]

President Trump Wants ‘Near Term’ Results From Renewed China Trade Talks

President Trump Wants ‘Near Term’ Results From Renewed China Trade Talks

The Trump Administration wants to see “near term results” from renewed US-China trade talks in October, White House economic adviser Larry Kudlow said Friday. Speaking on network TV, Mr. Kudlow confirmed that the top US and Chinese trade negotiators would meet in early October but a date certain had not been set. The 14-month US-China […]

The Trump Administration Unveils Fannie, Freddie Overhaul

The Trump Administration Unveils Fannie, Freddie Overhaul

$FMCC, $FNMA Thursday, the US Treasury said the government should draw up a plan to begin recapitalizing mortgage giants Fannie Mae (OTCMKT:FNMA) and Freddie Mac (OTCMKT:FMCC), while calling on Congress to develop a comprehensive housing reform that would allow them to be safely freed from government control. The Treasury’s plan, released in a 53-pg report, […]

General Motors’ (NYSE:GM) Barra Says Meeting with President Trump was “productive and valuable”

General Motors’ (NYSE:GM) Barra Says Meeting with President Trump was “productive and valuable”

$GM General Motors (NYSE:GM) Chairman/CEO Mary Barra said her face-to-face session with President Trump Thursday was “productive and valuable, declining specifics. The head of the largest US automaker met with President Trump after he stepped up attacks on the Detroit automaker. He has been hammering GM for much of the last year after the company […]

President Trump, “Dow Would Be 10,000 Pts Higher Without Trade War”

President Trump, “Dow Would Be 10,000 Pts Higher Without Trade War”

$DIA Wednesday, President Trump said his trade war with China has hurt the performance of the US stock market, but that he had to confront the country’s economic practices. “Let me tell you, if I wanted to do nothing with China, our stock market, our stock market would be 10,000 points higher than it is […]

Betting Started: President Trump Will Forge China Trade Deal

Betting Started: President Trump Will Forge China Trade Deal

$AUD, $WON, $JPY, $USO, $BAC OK, the US -China not being not having a date-certain schedule for the September trade talks yet, now is a good time for you too to start thinking about betting on a trade deal, as it has begun. “I am still reasonably optimistic,” David Woo, head of global rates and foreign […]

James Comey Tried to ‘frame’ President Donald Trump in a ‘Hooveresq’ Move that Failed…

James Comey Tried to ‘frame’   President Donald Trump in a ‘Hooveresq’ Move that Failed…

…got the Trump Kiss of Death and sacked! James Comey tried to ‘frame‘ President Trump in memos the former FBI director kept of their conversations, President Trump’s lawyer Rudy Giuliani charges. In an interview aired Sunday the former New York City mayor and federal prosecutor called the tactic “horrid.” “In a case involving the President […]

President Trump, “I will not let China ‘rip us off'”

President Trump, “I will not let China ‘rip us off

The United States began imposing additional tariffs on Chinese goods Sunday, but U.S. President Donald Trump said the sides would still meet for talks later this month. President Trump Tweeting, said his goal is to reduce US reliance on China and again urged American companies to find alternate suppliers outside China. This fresh round of […]

President Trump, “We are going to win the fight”, as He ‘Slaps On’ Fresh Tariffs…

President Trump, “We are going to win the fight”, as He ‘Slaps On’ Fresh Tariffs…

“We’re going to win the fight,” President Trump told reporters. “We are having conversations with China, meetings are scheduled, calls are being made. I guess the meeting in September continues to be on, it has not been canceled,” he said. The White House has not announced a date for that meeting. Tariffs kick in on […]

President Trump, “We Have a Fed Problem”

President Trump, “We Have a Fed Problem”

Again Friday, President Trump hammered the Fed in 3 Tweets; declaring in 1 that the US economy does not “have a tariff problem, we have a Fed problem.” “The Euro is dropping against the dollar ‘like crazy,’ giving them a big export and manufacturing advantage … and the Fed does NOTHING!” President Trump said in 1 […]

US, China to talk trade Thursday: Trump

US, China to talk trade Thursday: Trump

President Donald Trump said US and Chinese trade officials were due to hold discussions on Thursday, days before Washington is due to raise tariffs on billions in Chinese goods. “There’s a talk scheduled for today at a different level,” Trump told Fox News Radio, without elaborating. He rebutted prior news reports skeptical of his claims […]

President Trump Hammering Fed to Cut Rates

President Trump Hammering Fed to Cut Rates

Thursday, President Trump continued hammering the Fed for not cutting rates, which he claims has held back the economy, despite the Fed shaving 1/4pt from the fed funds rate in July. Chairman Powell is in the grinder. “The Economy is doing GREAT, with tremendous upside potential! If the Fed would do what they should, we […]

President Trump, “The Wall Going Up ‘Very Fast'”

President Trump, “The Wall Going Up ‘Very Fast

President Trump tweeted Wednesday that the wall on the southern US border was “going up very fast despite total obstruction by Democrats in Congress and elsewhere” from varying news reports about the structure’s status. The tweet also linked to an Instagram post showing drone footage from US Customs and Border Protection (CPB) of the wall’s progress. President Trump’s […]

New China tariffs a ‘job killer,’ US footwear industry tells Trump

New China tariffs a ‘job killer,’ US footwear industry tells Trump

President Donald Trump’s new tariffs on China are a “job killer,” US shoe companies warned Wednesday, pleading for them to be canceled. In a sharp deterioration in the US-China trade war, Trump last week ramped up the punitive duties for the vast majority of US imports from China. The five percent increases, which will take […]

Fed Rejects Former Official Who Called for the Central Bank to Undermine President Trump

Fed Rejects Former Official Who Called for the Central Bank to Undermine President Trump

Tuesday, the Fed rejected a call from a former policymaker to counter President Trump’s trade agenda by refusing to “play along” and denying the President the interest rate cuts he demands. “The Federal Reserve’s policy decisions are guided solely by its congressional mandate to maintain price stability and maximum employment,” a Fed spokeswoman said. “Political […]

US Fed should help defeat Trump in 2020: ex-Fed official

US Fed should help defeat Trump in 2020: ex-Fed official

A former top US central banker leapt into the political fray on Tuesday, calling on the Federal Reserve to oppose President Donald Trump’s reelection effort next year. Bill Dudley, the influential former president of the New York Federal Reserve Bank, also said the Fed should not “enable” Trump’s escalating trade war with China by lowering […]

President Trump Not Considering Tariffs on Japanese Autos Now

President Trump Not Considering Tariffs on Japanese Autos Now

President Trump said the United States would not imminently impose new tariffs on autos imported from Japan as the largest and 3rd-largest economies continue negotiations to firm up a preliminary trade agreement. At a press conference during a G-7 Summit in Biarritz, France, President Trump was asked if he was still considering the levies, which […]

President Trump is Not Willing to Risk US Energy Wealth for “Windmill Dreams”

President Trump is Not Willing to Risk US Energy Wealth for “Windmill Dreams”

$USO $OIL President Trump rejected the theory that a source of electricity, wind power is efficient, saying it does not work “all that well.” “We’re the No. 1 energy producer in the world,” President Trump said at the end of this G-7 Summit in Biarritz, France. “I’m not going to lose that wealth on dreams, […]

President Trump Notes Positive Movement in China Trade Dispute, Market Responds

President Trump Notes Positive Movement in China Trade Dispute, Market Responds

$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street began this week on higher note following President Trump’s trade comments Monday, President Trump scaled back a US-China trade dispute declared that the 2 sides will begin serious negotiations soon. President Trump said his trade negotiators had received 2 “very good calls” from China Sunday. “I think we’re […]

The Trump Moves are Working, the Charts Confirms It

The Trump Moves are  Working, the Charts Confirms It

Lots of investors have overlooked the story about the stock market and President Trump’s policy on the trade dispute with China dispute, some are calling it a war, I am calling Super Business Dealings Here we explore the issue with the help of this chart, you have to click for it as it is content […]

President Trump Open to Negotiate with Iran (G-7 Press Conference video)

President Trump Open to Negotiate with Iran (G-7 Press Conference video)

President Trump is open for diplomacy with Iran after French President Emmanuel Macron flew in Iran’s foreign minister to a G-7 Summit in an effort to reduce US-Iranian tensions. EU leaders want to ‘tamp down‘ down the confrontation between Iran and the United States since President Trump pulled Washington out of the multinational Y 2015 […]

President Trump Notes ‘Positive Step’ in China Trade Dispute

President Trump Notes ‘Positive Step’ in China Trade  Dispute

President Trump has scaled back a US-China trade dispute partly blamed for a global economic slowdown, declaring Monday that the 2 sides will begin serious negotiations soon. President Trump said his trade negotiators had received 2 “very good calls” from China Sunday. He said the Sunday evening conversations were a sign China is serious about […]

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