Monday, President Trump said that he will take military action in American rioting cities if the violent demonstrations are not stamped out. “If a city or state refuses to take the actions that are necessary to defend the life and property of their residents, then I will deploy the United States military and quickly solve […]
Civil unrest flared and curfews were imposed in several major US cities Saturday as demonstrators took to the streets to vent outrage at the death of George Floyd, a Black man resisting arrest shown on video gasping for breath as a Minneapolis policeman subdued him. From LA to Miami to Chicago, protests marked by chants […]
The White House is “furious at what China has done in recent days, weeks, and months,” and President Trump will present ideas for holding the Asian nation accountable for its actions concerning the C-19 coronavirus chaos and with its aggressions against Hong Kong, Taiwan, and other countries, National Economic Council Director Larry Kudlow said Friday. […]
The White House is weighing a new bonus payment plan for people who go back to work, potentially leading to 20% growth in 2-H of this year, according to President Trump’s economic adviser Larry Kudlow. “The $600, I think that was a mistake – I think that was something of a disincentive,” Mr. Kudlow said […]
“If freedom of speech is taken away, then dumb and silent we may be led, like sheep to the slaughter.” ― George Washington President Donald Trump signed an executive order that seeks to limit liability protections that social-media firms enjoy after Twitter Inc. began selective fact checks of his posts on the platform. Under current law, […]
“When the looting starts, the shooting starts” — President Trump threatens to call military into Minneapolis. Early Friday, President Trump threatened to “get the job done right” to control the violent Minneapolis protests if the city’s Mayor does not “get his act together.” “I can’t stand back & watch this happen to a great American […]
GOP weighs jobless aid cuts to urge Americans back to work. President Trump and Senate Majority Leader Mitch McConnell met Thursday at the White House as Republicans plan to phase out C-19 coronavirus chaos-related unemployment benefits to encourage Americans to go back to work. Revamping jobless aid is becoming the focus of debate over the […]
When the US went under lockdown due to the C-19 coronavirus chaos, it tanked the country’s economy to protect only 5% of the population, David Stockman, said in a TV interview “We are in a bad economic decline caused by government, caused by the quarantine orders, caused by this insane idea that to protect 5% of […]
White House economic adviser Larry Kudlow said Tuesday that President Donald Trump wants to see a 7.6% cut in the US payroll tax, hoping it will help stop economic pain caused by the C-19 coronavirus chaos. “I know the President wants to see those folks that go back to work to get a 7.6% cut in their […]
Tuesday, President Trump signed an executive order, “instructing federal agencies to use any and all authority to waive, suspend, and eliminate unnecessary regulations that impede economic recovery.” “We are fighting for the livelihoods of American workers, and we must continue to cut through every piece of Red Tape that stands in our way,” President Trump said […]
$DIA $SPY $QQQ $RUTX $VXX Tuesday, President Trump and Republican congressional leaders are counting on state lockdowns lifting to propel an economic rebound that will ease pressure for another round of stimulus. “There is only one way out of this dilemma: America has to grow again, to open up again and I am pleased that […]
Sunday, Peter Navarro, director of Office of Trade and Manufacturing Policy, said more Americans will die because of “quarantine and lockdown” than from C-19 coronavirus. In an interview with NBC News’ “Meet The Press,” Mr. Navarro, who also serves as policy coordinator for the National Defense Production Act, blamed the Centers for Disease Control and Prevention (CDC) […]
Friday, the US House of Representatives on Friday narrowly approved a $3-T bill crafted by Democrats to provide more aid for battling the C-19 coronavirus chaos and stimulating the economy hammered by the medical malpractice. By a vote of 208-199 Democrats passed a bill that Republican leaders, who control the Senate, have vowed to block. […]
$GOOGL $FB $MSFT $TWTX President Trump accused Facebook Inc, (NASDAQ:FB), Twitter Inc (NYSE:TWTX), and Alphabet Inc’s (NASDAQ:GOOGL) Google of being controlled by the “Radical Left” and said his administration is working to remedy what he called an “illegal situation.” In a Tweet that mentions the Facebook-owned Instagram, the President commented on a clip by conservative […]
$DIA $SPY $QQQ $RUTX President Trump urged investors to be wary of “rich guys” using their platform to comment negatively about stocks, when they tend to profit from betting against the market. The market has been trading laterly for the last 4.5 wks after coming off its best month in a generation, as optimism about […]
President Trump says that he is in no rush for Congress to pass more aid/stimulus measures to help the economy “We are in no rush,” he said while meeting with 24 House Republicans, who spent an hr taking turns complimenting and congratulating the President for his response to the coronavirus outbreak that’s cratered the economy. […]
The People are calling for a White House investigation of Bill and Melinda Gates for Crimes against Humanity. Friday, President Trump predicted the C-19 coronavirus would “go away without a vaccine” and vowed that America is going to “transition to greatness.” The President focused on the economy, reopening the country and the future in a meeting at the White […]
President Trump has accused the Hussein Obama-era Justice Department of “treason” following news that the DOJ will drop their case against former National Security Adviser General Michael Flynn. President Trump called Lt. General Flynn a “warrior” and warned that the “human scum” involved in bringing a case against him will “pay a price.” The President […]
Early Friday, the US jobs report for April will be released, it is expected to reflect a record-setting unemployment rate of 16%, but Labor Secretary Eugene Scalia said Tuesday he has “reason for confidence” that the economy will rebound quickly from the drastic hit it suffered from the C-19 coronavirus chaos. “We got to this […]
The Trump Administration is “turbocharging” an initiative to rip global industrial supply chains from China as it weighs new tariffs to punish Beijing for its handling of the coronavirus outbreak. President Trump has stepped up attacks on China ahead of the 3 November US Presidential election, and he vows to bring manufacturing home from overseas. […]
The President has taken control of the Fed. Notably, when the law was written creating the Fed, the Secretary of the Treasury was designated as the head of the Central Bank. We are returning to that era, and like it or not the Fed is being politicized. For a long, long time, the Fed played […]
Update: The Us Senate Tuesday unanimously approved $484-M in new relief for the US economy and hospitals hammered by the coronavirus pandemic, sending the measure to the House of Representatives for final passage Thursday, and immediate signing into law by President Trump. The Trump Administration and Senate officials are closing in on a new coronavirus […]
$RUTH $SHAK Over 2 wks, the US government pledged $350-B to Main Street businesses across America desperate for cash after coronavirus lockdowns. A picture is emerging of who got the money. More than 25% of the total went to fewer than 2% of the firms that got relief. They include a number of publicly traded […]
$TEVA “The coronavirus was an unexpected gift to blow the best financial record ever by this President, sure and it is sad many folks died, but they also die with the flu…” –R. Charles Murray Top Israeli Professor Claims Simple Stats Show Virus Plays Itself Out after 70 DaysProfessor Yitzhak Ben Israel of Tel Aviv […]
$DIA $SPY $QQQ $RUTX $VXX Friday, the White House economic adviser Larry Kudlow that May will be a “transition month” for the United States while it recovers from the effects of the coronavirus pandemic, but he “firmly” believes the economy will improve from its sudden closures. “We will get to the other side and we […]
$DIA $SPY $QQQ $RUTX $VXX President Trump is planning “very important announcements” in the next day or 2 about reopening the US economy and is considering a “rolling” re-entry in certain parts of the country, White House economic adviser Larry Kudlow said Tuesday. “I do not want to front-run his views, I don’t want to […]
For the 1st time in US history, all 50 States are under a major disaster declaration. Wyoming became 1 of the last states to receive the declaration for the coronavirus outbreak at the weekend. Wyoming Governor Mark Gordon wrote a letter Thursday to formally request the declaration, stating it “will help us to prepare and mobilize […]
Sunday, President Trump lauded a deal among the world’s Top Crude Oil producers to cut global petroleum output, saying it will save jobs in the US energy industry. “This will save hundreds of thousands of energy jobs in the United States,” President Trump said, adding that he thanked and congratulated Russian President Vladimir Putin and […]
By Friday, the US government had approved 661,000 loans to small businesses totaling $168-B under a program to address the fallout from the novel coronavirus pandemic. A $2.3-T economic aid/relief program enacted last month under the CARES Act allocated $349-B to loans to small businesses hurt by the health crisis that can be turned into […]
As deaths related to the coronavirus peak and lessen across Europe and the US and other countries are planning an exit strategy and planning to ease of restrictions now in place designed to curb the illness. “To end the confinement, we’re not going to go from black to white; we are going to go from […]
President Trump indicated Monday that Americans will need more aid during the stark pandemic and economic shutdown, including another round of direct impact payments, and Wall Street executives are reportedly putting the total of a Phase 4 bill in the neighborhood of $1.5-T. Among the priorities for Trump are infrastructure, “but not the Green New Deal” […]
$USO Saturday, President Trump said he would impose tariffs on crude imports if he has to “protect” US energy workers from the Crude Oil price dive that has been exacerbated by a war between Russia and Saudi Arabia over market share. “If I have to do tariffs on oil coming from outside or if I […]
President Trump, anticipating a rise of drug abuse in the US due to the global coronavirus pandemic, has marshaled the DoD t for “enhanced counternarcotics operations” at the southwestern border Wednesday. President Trump spoke about increased drug abuse issues stemming from this health crisis, particularly unemployment and depression. Now the US Navy and Air Force […]
$DIA $SPY $QQQ $RUTX $VXX $JPM Just in: JPMorgan (NYSE:JPM) says the stock market rout has probably past its worst now. Again, there is something really different about the COVIS-19 coronavirus and the world’s reaction to it, the reaction is unprecedented, and scary. The past 4 wks have seen huge responses not only from central […]
$DIA $SPY $QQQ $RUTX $BLK $CS $JPM Stocks extended their rally after the Senate and Fed took unprecedented measures to protect the US economy from the coronavirus shock, with Black Rock (NYSE:BLK), Credit Swiss (NYSE:CS) and other big Wall Street banks said Thursday night that the major US stock market indexes marked at an inflection […]
In his address from the Oval Office to the American people Wednesday evening President Trump suspended travel from Europe to the United States to fight coronavirus starting Friday, UK exempted. The restrictions are meant to combat the spread of the coronavirus, they do not apply to legal permanent residents of the United States, nor does […]