$DIA, $QQQ, $SPY, $RUTX, $VXX FLASH: Stocks gained as investors interpret Fed Chairman Powell’s testimony before the House indicated a rate cut soon. Wednesday, US stocks finished higher on hopes of an interest rate cut later this month were signaled by Fed Chairman Powell’s commen to Congress that the central bank would “act as appropriate” […]
Wednesday, Fed Chairman Powell signaled that the Fed is likely to cut interest rates late this month for the 1st time in a decade in light of a weakening global economy and rising trade tensions. Delivering the central bank’s semiannual report to Congress, Chairman Powell said that since Fed officials met last month, “uncertainties around […]
$SPY, $DIA, $QQQ The US stock market has that consolidation feel in here, not surprising given the Bull run it had in June and knowing that some notable trading catalysts are lurking just under the surface now. The S&P 500 and the DJIA drifted lower Tuesday, as investors worried over warnings of a hit to […]
President Trump’s legal team is not preparing for an ‘impeachment battle‘, and the growing call from congressional Democrats for impeachment is just “political theater,” Jay Sekulow, the President’s personal attorney, said Tuesday. “There is no impeachment team,” Mr. Sekulow told reporters “I just do not see this as a real threat.” Some congressional Democrats said they […]
$XAU, $GLD, $USD The once-fringe fantasy of a return to the gold standard is creeping back into the mainstream. It has long been dismissed as a fool’s errand, on par with abandoning the Federal Reserve and other trappings of the modern economy. Mainstream economists deride it almost without exception. Reintroducing the gold standard would “be a disaster […]
President Trump put off for 2 weeks the start of a planned nationwide roundup of undocumented immigrants, tempering his vow made early Saturday to have them “removed from the country” starting this week. President Trump said he was acting “at the request of Democrats.” The delay will give time “to see if the Democrats and […]
Under President Trump the US economy is continuing to grow, despite a jobs report that showed job growth had slowed down sharply in May while wages rose less than expected. “We have had extraordinary job growth over the past couple of years, record job growth,” VP Mike Pence’s Chief of Staff Marc Short told reporters. “Unemployment is at a […]
FLASH: A Democratic presidential contender rolls out a package of veterans’ medical marijuana bills, the Alabama Senate has approved a restrictive medical marijuana bill, edibles are coming to Maryland, and more. National Democratic Presidential Candidate Seth Moulton Files Three Veterans’ Medical Marijuana Bills. Rep. Seth Moulton (D-MA), who recently announced he is seeking the Democratic […]
President Trump Tuesday to take “harsh measures” if congressional Democrats do not take action against immigration loopholes. President Trump Tweeted Tuesday morning: “Democrats in Congress must vote to close the terrible loopholes at the Southern Border. If not, harsh measures will have to be taken!” The White House has requested billions in emergency funds from Congress […]
President Trump railed Monday against calls from an ugly/mean-spirited Representative Al Green (D-TX) for his impeachment, saying that Democrats cannot win the election fairly and that a President cannot be impeached for creating “the best economy in our country’s history.” “’Democrat Texas Congressman Al Green says impeachment is the only thing that can prevent President […]
FLASH: Our President’s approval rating is soaring once again despite the Democrats doing their best to cry about losing and hurt feelings. The Rasmussen Reports daily Presidential Tracking Poll Thursday shows that 51% of likely US Voters approve of President Trump’s job performance. CNN Poll: 43% of Americans approve of the job President Trump is […]
FLASH: President Trump and Democratic congressional leaders agreed Tuesday to work together on a $2-T infrastructure program Senate Minority Leader Chuck Schumer (D:NY) said there was “good will in the meeting” and that the 2 sides agreed that infrastructure investments create jobs and make the United States more competitive economically with the rest of the […]
$BTC FLASH: President Trump focusing on dark regulation at SEC The Trump Administration issued a memorandum strongly discouraging regulatory dark matter/s. The memo instructs federal agencies to submit all policy-making rules to Congress to be vetted under the Congressional Review Act, even if these rules come in the form of informal guidance. The Trump Memo […]
President Trump says he will go directly to the US Supreme Court “if the partisan Dems” ever try to impeach him. But President Trump’s strategy could run into a roadblock: the high court itself, which said in Y 1993 that the framers of the Constitution didn’t intend for the court to have the power to […]
Moving asylum seekers to sanctuary cities around the country is an option “under review” at the White House because Congress is not doing its job to fix immigration laws. In a TV interview Sunday, White House Press Secretary Sanders said the idea got rejected at a “staff level’ meeting but is back on the table […]
Saturday, US Treasury Secretary Steven Mnuchin said he could not commit to meeting Democrats’ new 23 April deadline for turning over President Trump’s tax returns to them, adding that he wanted to keep the Internal Revenue Service from being “weaponized” for political gain. Secretary Mnuchin, speaking to reporters on the sidelines of the International Monetary […]
FLASH: The House is likely to pass the bill, but there is a less-than-25% chance cannabis legislation becomes law. Wall Street analysts are keeping a close watch on a House committee vote scheduled Tuesday on a bill to get cannabis industry cash off the streets and into bank accounts. Called the ‘SAFE Act,’ the measure […]
FLASH: Special Counsel Robert Mueller has handed in his report on on the investigation into Russia’s role in the 2016 Presidential election and any potential wrongdoing by President Trump. No further incitements coming. SC Mueller submitted the report to US Attorney General William Barr, the Top US law enforcement official. The report was not immediately […]
US economic growth averaging 2.8% reached under President Trump’s policies can be sustained over the next 10 years, Chairman of the White House Council of Economic Advisers Kevin Hassett Wednesday. “What happened is we went from 1% growth, the new normal that would be disappointing forever, to 3% growth over the last 2 years with […]
Monday, acting Pentagon Chief Patrick Shanahan said he had provided Congress with a list of projects from the military construction budget that could be cut back in order to help pay for a Wall on the border with Mexico. Last month President Trump declared a national emergency in a bid to fund his promised wall […]
US President Trump’s declaration of a national emergency to circumvent Congress and spend billions of dollars for a border wall is the latest example of him relishing using the power of the Presidency to do whatever he can without Congress. This was made even clearer by a revelation from a senior White House official that shortly […]
Thursday, the US Senate approved a border security compromise for building a wall with Mexico, and prevents another government shutdown. The White House said President Trump would sign it then declare a national emergency and invoke other executive powers to to shift money to Wall-building from elsewhere in the federal budget. House passage and President […]
Tuesday, President Trump expressed displeasure with a tentative deal by congressional negotiators on border security spending that offered no funds for his promised US-Mexican border wall, but did not reject it outright, indicating he did not expect another government shutdown. President Trump demand for $5.7-B from Congress to help build the Wall, said he has […]
Early Sunday, Congressional talks to avert a 2nd government shutdown over border Wall funding broke down. Republicans and Democrats have stopped communicating for now. Talks were suspended over the issue of detention beds, but there are hopes negotiators will come back to the table soon. Mick Mulvaney, the acting White House Chief of Staff, said […]
A young boy who the White House says has been bullied because his last name is Trump will attend the State of the Union as President Donald Trump and 1st Lady Melania Trump’s guest. “Unfortunately, Joshua has been bullied in school due to his last name,” a White House release said of 6th-grader Joshua Trump, of Wilmington, […]
President Trump is set to deliver his State of the Union speech. His topic is “choosing greatness.” White House officials say President Trump is not expected to dwell on the 15 February deadline for a budget deal for The Wall. Instead, President Trump is expected to strike a unifying tone and focus on areas of […]
Tune out the Noise! There has been a slowdown in the United States’ economy when it comes to Europe and China, but overall, the economy remains “quite strong,” and there are no indications of a looming recession, US Treasury Secretary Steve Mnuchin said Tuesday. “We still see tremendous investment in capital and human investments,” Mr. […]
Nobody wants to see another government shutdown, and Congress will cut some kind of deal that will keep the United States safe, Rep. Debbie Dingell (D-MI) said Tuesday. “I do not think anybody wants to see what we just went through for 35 days,” the Michigan Democrat said in a TV interview Tuesday. “It hurt the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, White House economic adviser Larry Kudlow said the recent partial government shutdown inflicted “no permanent damage” to the economy. “I still think the economy is very strong,” the head of the National Economic Council that advises President Trump said at a White House briefing. “As I have said many times I […]
Sunday, Acting White House chief of staff Mick Mulvaney said that President Trump will shut down the government again if he does not get border Wall funding. In a TV interview Mr. Mulvaney said the President is “willing to do whatever it takes to secure the border.” “I think he actually is,’’ ready to shut down […]
President Trump said Wednesday night he is postponing his State of the Union address until the partial government shutdown ends. President Trump has concluded that there is “no venue that can compete with the history, tradition and importance of the House Chamber” and that he was not looking for an option after Speaker Pelosi (D:CA) […]
The Trump White House has asked various government agencies to make a list of programs that would be severely impacted by the ongoing shutdown if it goes into March and April. According to our information, acting White House Chief of Staff Mick Mulvaney wants the information by Friday, the day the partial shutdown will marks […]
$AEMC Steven Machat, entertainment producer, author and provocateur Archer Entertainment Media’s (OTCMKT:AEMC) music division head give the intro read to his latest book Spiritual Insomnia Mr. Machat is the author of 6 books, including “Gods, Gangsters & Honor,” and his latest, “Spiritual Insomnia.” Mr. Machat spent the last 40 years representing The Rolling Stones, Peter Gabriel, Electric Light Orchestra, Genesis, Peter Gabriel, Phil Collins, Ready […]
$SOY Monday, President Trump defended his tough trade policies in front of thousands of American farmers, a Key constituency that has struggled because of his trade dispute with China, plus he promised fair trade deals that will put America’s rural heartland back on strong solid ground. “We have taken the toughest ever actions to address […]
President Trump softened expectations that he is close to declaring a national emergency to get the money he want to build the US-Mexico border wall as a 3-week impasse closing parts of the government continued Friday. There are about 800-K federal employees who missed their 1st paychecks under the stoppage. Lawmakers tried to reassure federal […]
A former federal emergency boss said that President Donald Trump is “on solid legal ground” if he declares a national emergency to secure funding for his much-desired border Wall. “But he is going to have some troubles along the way, and one of them will be whether libertarian conservatives are going to accept a stronger […]
$AEMC Steven Machat, entertainment producer. author and provocateur has signed up with Archer Entertainment Media Corp. (OTCMKT:AEMC) to manufacture entertainment properties, including movies, television, and to head the firms music division. Mr. Machat, the author of 6 books, including “Gods, Gangsters & Honor,” and his latest, “Spiritual Insomnia.” Mr. Machat spent the last 40 years […]
Sunday, President Trump pledged not to bend in his demand for a Wall along the southern border with Mexico but said the barrier could be made of steel instead of concrete as a potential compromise with Democrats who refuse to fund the project. “VP Mike Pence and group had a productive meeting with the Schumer/Pelosi […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The world enters Y 2019 with some uncertainty about the prospects for global growth. The US is the bright spot and 1 of the most powerful job creators and drivers of international trade. If The Trump Administration and the new Congress are able to work together, there are areas where […]
US President Donald Trump says parts of the government will stay shut as long as Democrats refuse to build the Wall on the US-Mexico border. Tuesday, asked when the government would reopen, President Trump said: “I can’t tell you when the government’s going to be open. I can tell you it’s not going to be […]
Senator Rand Paul (R-KY) Sunday praised President Trump for doing “exactly what he promised” by withdrawing US troops from Syria, and derided the “armchair generals” in Washington who “want to keep us at war forever.” In an TV interview Senator Paul said he’s “very proud” of President Trump’s determination to get US troops out of […]
President Trump Vows to Win The Border Wall Battle Former House Majority Leader Tom DeLay says that President Trump needs to remain strong on building The Wall on the US southern border. “If you go into these sort of fights, you better be ready to fight it until the end – especially if you’re president […]
$USO, $UNG Congressional lawmakers urged the Department of Homeland Security Wednesday to better protect US Crude Oil and Nat Gas pipelines from cyberattacks, after a report detailed a lack of federal oversight of the critical conduits. A federal report released Wednesday said Homeland Security’s Transportation Security Administration, or TSA, does not have a process to […]
$DJIA, $SPY, $QQQ, $RUTX, ,$VXX The US major stock market will start this week again testing the bottom of the range formed with by the selling that began in October. The S&P 500 cracked 2600 and supposedly that sets up more Southside action. Sentiment is extreme as reported by the AAIA, outflows from stocks are at […]
This week, the plant that’s nearly identical to marijuana is set to become legal to grow in the US. Thanks to the US Farm Bill, which the House passed Wednesday in a 369-47 vote, American farmers will be able to plant and harvest hemp, a strain of the same plant species from which marijuana originates. The bill passed […]
$DJIA, $SPY, $QQQ, $RUTX, ,$VXX The US major stock market will start the week testing the bottom of the range formed with by the selling that began in October. The patterns and technical indicators suggest a move from where the major indexes closed Friday back up to the November highs. After a reversal off the trading […]
US to End Subsidies for Electric Cars and Renewable’s $F, $GM, $TSLA, $VLKAY They could end as early as Y 2020 The benefits of EVs are a myth White House economic adviser Larry Kudlow said early this week that the United States will end subsidies for electric cars and other items including renewable energy sources. […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $SPY, $VXX Just 12 days ago everybody on The Street was celebrating Thanksgiving in a very cautious market mode, they came back to their desks, and triggered a Key reversal in the major US stock market indexes that was confirmed on Friday, 30 November and […]
President Trump, “I will be formally terminating NAFTA shortly.” President Donald Trump said Saturday he will give formal notice to the US Congress in the near future to terminate the North American Free Trade Agreement (NAFTA), giving 6 months for lawmakers to approve a new trade deal signed Friday. “I will be formally terminating NAFTA […]
Republicans Border Security, Not Government Shutdown Republicans do not want a government shutdown, rather to be sure the southern border is secure, and bi-partisan support is needed, especially with the threats being posed by the invading migrant caravan that has arrived, House Majority Whip Steve Scalise (R:LA) said Friday, while shooting down claims from Senate […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $SPY, $VXX Last week everybody that is anybody was away celebrating Thanksgiving, now they are back to their desks, that is if not stranded in a blizzard. Looking back, here is some stirrings emerging from the small and mid-caps via chips, telecom, and some bio techs and […]
President Trump’s Message to Congress: “You Must Present Border Security Package.” President Trump has given the use of lethal force order to the military at the southern border. Friday, US President Donald Trump Friday demanded action on a major border security package, including funding for a border wall, 1 day after issuing a threat to […]
President Trump’s Message to Mexico: “You must do more.” President Donald Trump, with his threat to shut down the US-Mexico border, is sending a message to Mexico that it must do more to help with the migrant caravan situation, former acting ICE Director Thomas Homan said Friday. “I think President Trump is sending a message, […]
Thanksgiving Menus Surprises for Comey and Lynch Thursday, former FBI Director James Comey said he has received a subpoena from House Republicans, according to a Twitter post. House Republicans have been investigating FBI actions in the Y 2016 campaign, but that probe will end when Democrats take over the committee in January. It was reported […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX DJIA higher, some testing leaders start to bounce back. Chipmakers show many interesting Northside setups. Fed Vice Chairman moves warm markets. The market action has given up some good patterns, the Big Q: Will the break North into year’s end. Today is Monday, the […]
Presidential Harassment by Congressional Dems Causing Stock Market Concerns, They Will Pass $DIA No matter what you think of President Trump, his reign as President has been great for stocks. US President Donald Trump issued a Tweet on Monday blaming losses in the stock market on Democrats. “The prospect of Presidential Harassment by the Dems is causing […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Last Wednesday post election spike either stands on its own or platforms for a breakout. PPI at a 6 year high with prices +2.9% Y-Y. S&P 500, DJIA in excellent tests, NAS Comp work’in on it This week we see new leaders come up […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX NFPs report solid, shows best wage growth in 10 years. China trade, market still struggles on news. 4 day Rally paused Friday All Eyes on the US Congressional Midterm Elections Tuesday Friday, stocks opened higher then faded, trending lower into early afternoon. Positives turned to […]
The Strong Trump Economy is Real, Not a ‘Sugar High’ “Wow! The U.S. added 250,000 Jobs in October, Unemployment at 3.7%, Wages UP! Keep it going, Vote Republican!” White House economic adviser Larry Kudlow says that the strong Trump economy is not a sugar high. The veteran financial guru and former Ronald Reagan adviser spoke to reporters […]
House Freedom Caucus Demands Rosenstein Resign ‘Immediately’ The US House of Representatives Freedom Caucus head Rep. Mark Meadows (R-NC) Thursday called for Deputy Attorney General Rod Rosenstein to resign “immediately.” The demand reflects an escalating dissatisfaction with the Department of Justice’s #2 official, both for his lack of “candor” and failure, so far, to appear before […]
American’s Taxes Should the Dems Take the Congress This November Republicans will make the historic Trump tax overhaul that slashed taxes 1 of their Key campaign selling points ahead of November elections. Democrats on the other hand are talking about how they want to undo it. In their bid to retake control of Congress, many […]
US Sanction on Russia Causes rouble to Sink Friday, Russia warned the US that it would regard any move to curb the activities of its banks as a declaration of economic war which it would retaliate against, stepping up a war of words with Washington over newly imposed sanctions. The warning, from Prime Minister Dmitry […]
President Trump is ‘Begging’ Congress to Fix Immigration Laws Pesident Donald Trump is ‘begging’ for Congress to “step up” and fix the nation’s “broken” immigration system, and is less concerned about shutting down the federal government before or after the midterm elections in that quest, White House press secretary Sarah Huckabee Sanders said Wednesday. “The […]
President Trump Will Shut Down Government Over Illegal Immigration President Donald Trump said Sunday he would allow the federal government to shut down if Democrats refuse to back major changes to immigration laws his administration wants. “I would be willing to ‘shut down’ government if the Democrats do not give us the votes for Border […]
Just Like President Trump Said The Wall Is Being Built A House spending bill would provide $5-B next year for building President Donald Trump’s proposed border Wall with Mexico. Democrats oppose financing The Trump Wall but lack the votes by themselves to block House approval of that amount. President Trump said in April that he […]
President Trump, “Oil Prices are too high, Not good” $USO, $OIL, $UGA “An SPR release would have a psych impact on the market. It may not translate into lower gasoline prices, but it would immediately bring down Crude Oil prices until the market adjusts” The Trump Administration is considering tapping into the nation’s emergency supply […]
Rod Rosenstein’s Impeachment Imminent Late Friday we learned that members of the House Freedom Caucus moved a step closer to impeaching Deputy US Attorney General Rosenstein. Republican lawmakers closely aligned with President Donald Trump had been floating the notion of Mr. Rosenstein’s impeachment for several months, citing frustration with what they see as slow-walking their […]
FBI ‘Partisan’ Peter Strzok Must Be Sacked An FBI agent whose anti-Trump text messages fueled suspicions of partisan bias arrogantly said at a bitterly contentious hearing in Congress Thursday that his work has never been tainted by politics, angrily rejecting Republican allegations that he set out to Stop Donald Trump from becoming president. FBI agent […]
President Trump to Congress: “Fix Our Insane Immigration Laws Now” President Donald Trump railed against US immigration law, which he described as “insane,” saying Congress must send a message that immigrants “must leave, just as they would if they were standing on your front lawn.” President Trump has repeatedly complained that US immigration laws are […]
“Hold FBI and DOJ Officials in Contempt of Congress” Sunday, US House oversight committee Chairman Trey Gowdy (R-SC) threatened to hold Top FBI and Justice Department officials in contempt of Congress if they fail to comply with lawmakers’ subpoenas for sensitive documents. Early this year, lawmakers subpoenaed all documents from the 2 agencies related to the FBI’s investigation into Hillary Clinton’s […]
Legal Marijuana is 1-Step Closer in the US On the legislation: “We’re looking at it. But I probably will end up supporting that, Yes.” Friday, US President Donald Trump said that he is inclined to support a bi-partisan effort in Congress to ease the US ban on marijuana, a proposal that would dramatically reshape the nation’s […]
Former President Barack Hussein Obama Secretly Gave Iran Access to US Banking System This report reveals that Barack Hussein Obama and his Gang are the ultimate terrorists. The Administration of former US President Barack Hussein despite assuring The Congress that Iran would remain barred from the US banking system, secretly moved to give the Islamic Republic access to American banks […]
Southern California’s ‘Poverty Pimp’ Maxine Waters Attacks Auto Industry $F, $GM, $FCAU, $TM, $VLKAY US Rep. Maxine Waters (D-CA) is divisive claiming automakers discriminate against nonwhites when giving out car loans. Representative Mike Kelly (R-PA), an auto dealer, said in a TV interview Saturday segment that Ms. Waters’ cited a study that severely flawed. Mr. […]
DOJ’s Rosenstein Facing Contempt of Congress Charges and Impeachment Early Thursday, Rep. Ron DeSantis (R-FL), raised the possibility of holding Deputy US Attorney General Rod Rosenstein in contempt of Congress and possibly impeaching him. His comments came Thursday during an early morning TV interview Conservative Republicans have become increasingly frustrated that the Justice Department has not […]
Members of the ‘Deep State’ Will Be Prosecuted for Lying Under Oath Members of the deep state like sacked and disgraced former FBI Director James Comey can get away with lying under oath, and now members of Congress have stepped in demanding an investigation into this and other matters concerning Democratic nominee Hillary Clinton and Key Hussein […]
“Regulation of Social Media Firms Is ‘Inevitable’” $FB Facebook (NYSE:FB) CEO Mark Zuckerberg told a House oversight panel Wednesday that he believes it is “inevitable” there will be regulation of the social media industry and also disclosed to lawmakers that his own data was included in the personal information sold to malicious third parties. “The […]
Congress Grilling Facebook CEO Zuckerber $FB After privately assuring senators that his company will do better, Facebook (NASDAQ:FB) CEO Mark Zuckerberg is undergoing a 2-day public congressional ‘inquisition’ and possibly pivotal for the massive social networking company he created. Mr. Zuckerberg visited with senators in closed-door meetings Monday, previewing the public apology he planned to […]
President Trump, “We Are Sealing Up Our Southern Border” The Justice Department is enacting a “zero tolerance” policy regarding immigrants illegally crossing into the US from Mexico. Saturday, US President Donald Trump Tweeted we are “sealing up our Southern Border,” maintaining it was for the safety and security of Americans. “We are sealing up our Southern Border. […]
America Tried Socialism, They Did Not Like It The illusory ideas of socialism transcend time and appeal to people of all colors and races. No lessons of history’s failures will dampen the magic of a socialist’s divine providence. Now, is socialism in America inevitable? In 2008, the United States elected a socialist government committed to the transformation of the […]
Professional Traders Profiting from Bitcoin Volatility $BTCUSD, $CBOE, $CME Buying and selling Bitcoin is one of the fastest and easiest ways of making money from cryptocurrency. With the value fluctuating so much during a day, it is a dream for any experienced investor or a trader. It is a nightmare for a civilian player. Bitcoin […]
President Trump, “Drug addiction not our future” Monday, President Donald Trump says the nation “must get tough” with drug dealers, which includes utilizing the death penalty. President Trump unveiled his plan to combat the nation’s deadly opioid addiction in a speech Monday in Manchester, New Hampshire, a state ravaged by the drug. President Trump said […]
Trump Tax Reform 2.0 on Fast Track in Congress Republican lawmakers are looking to act a lot faster than expected to keep the new individual tax cuts from expiring in Y 2025, thus daring Democrats to put up a roadblock during a congressional election year. Incoming White House economic adviser Larry Kudlow added momentum to […]
President Trump Seeks to Make Personal Income Tax Cut Permanent The Trump Administration and Republicans in Congress are seeking to make temporary personal income tax cuts passed last year permanent, White House spokesman Raj Shah said Thursday, adding they could also lower capital gains tax rates. Mr. Shah said details were still being worked out […]
Bombshell: FBI Director Comey, “General Flynn did not lie to FBI” Disgraced, sacked FBI Director, James Comey told Congress last March that the FBI agents who interviewed General Michael Flynn (Ret.), who briefly served in The Trump White House, said General Flynn did not lie to them, which contradicts what the Russia probe has concluded. […]
President Trump’s DOJ, FBI Purge Is Now Policy Recent events in Washington, DC have signaled that the GOP’s policy is purge the DOJ and FBI of all of it Hussein Obama-era left over bad actors. President Trump like it or not has the Constitutional authority to replace the FBI Director for any reason. But, the […]
The Big Q: What is going on in the Deep State? Some Background FISA is the Foreign Intelligence Surveillance Act of 1978 was written to enable the federal government to spy on foreign agents at home and abroad. The secret Foreign Intelligence Surveillance Court, which hears the government’s lawyers has morphed foreign intelligence surveillance into […]
US GDP Posted Solid Growth in Q-4 The US economy grew at a solid rate of 2.6% in Q-4 of last year, helped by the fastest consumer spending since the Spring of Y 2016 and a big rebound in home construction. The Q-4 advance in US GDP (gross domestic product, the country’s total output of […]
Schumer’s Shutdown, Senate Dems Derail Bill to Avert Government Shutdown Late Friday in Washington, DC, a procedural vote to advance legislation passed by the US House to fund the federal government through next month failed in the Senate Friday, less than two hours before a shutdown would occur at midnight. Most Democrats rejected the continuing […]
US Stock Market Behind President Trump on Government Shutdown $DIA, $SPY, $QQQ, $VXX US stocks rose to new records Friday, as the pending government shutdown proved No Match for the New Year Extension of The Trump Rally. Trading ranges were pretty narrow for most of the day, but a late wave of buying has the […]
President Trump: FBI, Clinton, Steele Dossier, “What a Mess” Thursday, US President Donald Trump posted a Tweet touching on several issues such as the fake Steele Dossier of allegations compiled against him, as well as asking if Hillary Clinton paid Russians during the Y 2016 presidential election. The President was referencing a Thursday report that questioned […]
Elon Musk’s SpaceX Secret Satellite Failure Probed by Congress $BA, $NOC, $LMT SpaceX dealt blow as secret military satellite goes missing Lawmakers said they will receive classified briefings on a secret US government satellite that apparently crashed into the sea after it was launched by Elon Musk’s Space Exploration Technologies Corp. (a private company). In a […]
American’s Want to Know All About the ‘Fake’ FBI Trump Dossier The DOJ and FBI need to be investigating themselves, and Senator John McCain (R-AZ) and what he had to do directly with it. Americans want to know if their money was used to pay Russians to discredit President Trump, and whether the FBI conspired […]
US Economist Sees Strong Growth in 2018 $DIA, $SPY, $QQQ, $VXX A top-ranked US economist last year predicted that real US economic growth would reach 3% in Y 2017. “With a tax cut package finally passed by Congress, growth is likely to remain robust as we head into 2018,” Steven Stanley said. “The economy’s 2% […]
The Trump Team’s Strategy Regarding Robert Meuller If a significant portion of the country believes that the special counsel was unfair, this could help in legal proceedings before judges or jurors.The Trump Team is probably not going to seek to fire Special Counsel Robert Mueller. To do so would be to provoke President Trump’s Key […]
US Big Business Rewarding Employees on Passage of Trump Tax Reform $BA, $T, $WFC, $FITB, $CMCSA Wednesday, several US big businesses announced plans to increase employee and benefits plans after the historic Republican tax plan that slashes the corporate tax rate pass through Congress. Wells Fargo (NYSE:WFC), Fifth Third Bancorp (NYSE:FITB), Boeing (NYSE:BA), AT&T (NYSE:T), and […]
Fears Mounting in DC as Sexual Harassment Allegations Loom GOP aide warns, “Do not be alone with women…” Fears are mounting around Washington, DC that a major news outlet is getting set to unmask at least 20 US lawmakers for sexual misconduct. The growing speculation about a major harassment story started about a month ago. […]
US Stocks Mark Record Highs Again, US Tax Reform on Deck $DIA, $SPY, $QQQ, $VXX Stocks kicked off this week on a positive note after Republicans reached an agreement on the shape of US tax cuts. The US Dollar (.DXY) Index fell and US Treasuries finished mixed on the day. The S&P 500 Index and NAS […]
It is Time for Robert Mueller to “Pack it In” In November GOP members of the House introducing legislation calling on special counsel Robert Mueller to resign from investigating alleged collusion by The Trump Campaign contacts with Russia. Rep. Matt Gaetz (R-FL) joined by co-sponsors Reps. Andy Biggs (R-AZ), and Louis Gohmert (R-TX), are calling for the […]
President Trump Calls on Congress to End “Chain Migration” President Donald Trump demanded Congress end both “chain migration” and the diversity visa lottery program, saying Tuesday they pose a danger to national security. President Trump said the legal immigration programs were to blame for 2 recent terror attacks in New York City, since that is […]
House Intelligence Chairman to Hold FBI, DOJ Officials in Contempt The head of the House Intelligence Committee will follow through on his threat to hold leading officials at the FBI and Justice Department (DOJ) in contempt for failing to turn over documents he requested in August. Rep. Devin Nunes, (R-CA), is drafting a contempt resolution, […]