Rupert Murdoch Lit the Fire to Burn Down Joe Biden

Rupert Murdoch Lit the Fire to Burn Down Joe Biden

#JoeBiden #HunterBiden #NYPost #PresidentTrump $FB $TWTR “Rupert Murdoch’s NY-Post’s explosive story on Joe and Hunter Biden started the Fire that is Burning down Joe Biden“–Paul Ebeling It is now clear, Hussein Obama did not want Joe Biden to run because he knew it would expose the corruption within his Administration. Thursday, the Washington Post reported […]

Stimulus: President Trump Will Go $1.8-T+

Stimulus: President Trump Will Go $1.8-T+

#PresidentTrump #Stimulus $DIA $SPY $QQQ $RUTX $VXX “We’re not holding it up, she’s holding it up,” President Trump said in a TV interview Thursday. “She wants to wait until after the election. She thinks it hurts the Republicans.” It hurts Democrats. Treasury Secretary Mnuchin said Thursday that Nancy Pelosi’s “all or nothing approach does not […]

The Price of Gold is Not Tied to this Presidential Election

The Price of Gold is Not Tied to this Presidential Election

#gold #price #election #PresidentTrump $XAU $GLD $USD The SPDR Gold Shares (NYSE:GLD) is the largest gold-backed exchange-traded fund, it has retreated from recent highs but it is up 24.37% YTD. In the run-up to this Presidential election GLD and other gold ETFs may be in the headlight, but history tells up indicates gold and the other precious metals are […]

The Market is Saying, “Be not afraid, economic stimulus is coming”

The Market is Saying, “Be not afraid, economic stimulus is coming”

#market #stimlus #PresidentTrump #Fed $DIA $DJIA $SPY $SPX $QQQ $RUTX $USD $DXY “Investors should be preparing for inflation, not this recovering economy.“– Paul Ebeling The US and the been through a profound economic shock with the China ‘Act of War’ virus, but everything every policy-making body in the US is doing is inflationary it is […]

Stimulus: “I want to make this deal”– President Trump

Stimulus: “I want to make this deal”– President Trump

#PresidentTrump #stimulus #bipartisan #virus President Trump and his team have made every concession they can on the coronavirus aid/relief/stimulus deal, but the Democrats will not budge, said White House Chief Economist Joe LaVorgna . “We have been working very hard. Secretary Mnuchin has really done everything he can to move us toward the center. Remember, […]

President Trump’s America First Healthcare Plan…

President Trump’s America First Healthcare Plan…

#PresidentTrump #AmericaFirst #Healthcare “American seniors are often the 1s accessing our healthcare system the most, and the common-sense reforms outlined in President Trump’s healthcare plan will make it easier for them to get the care they need.”– Paul Ebeling From a $200 card soon to be in the mail to keeping his promise not to […]

Treasury Secretary Mnuchin Continue Aid/Relief/Stimulus Negotiations with Speaker Pelosi, Stocks Spike North

Treasury Secretary Mnuchin Continue Aid/Relief/Stimulus Negotiations with Speaker Pelosi, Stocks Spike North

#aid #relief #stimulus #negotiations $DIA $SPY $QQQ $RUTX $VXX “President Trump is committed to getting the deal done“– Paul Ebeling President Donald Trump was discharged from the Presidential unit at Walter Reed medical center Monday evening, 3 nights after he was admitted Friday to the military hospital for coronavirus treatment. Treasury Secretary Steven Mnuchin and House Speaker […]

Gold Tops 1,900, Marks Biggest Rise in 8 Weeks

Gold Tops 1,900, Marks Biggest Rise in 8 Weeks

#gold #XAU #GLD $XAG $SLV $USD “Gold will remain range-bound in the short term. The market will wait through the weekend and look for news.” — Paul Ebeling Gold held the 1,900 mark in trading Friday, with gains capped by a firm USD, but bullion remained headed for its biggest weekly rise in 8 wks […]

Economics are Pressuring Congress to Agree to an Aid/Relief/Stimulus Bill Now

Economics are Pressuring Congress to Agree to an Aid/Relief/Stimulus Bill Now

#aid #relief #stimulus #Congress #PresidentTrump #virus $SPY $AAL $DAL “Speaker Pelosi’s comments on a possible shift in the talks prompted US stocks to pare losses. After falling as much as 1.2% earlier Friday, the S&P 500 Index’s decline was cut almost in half after she spoke.” — Paul Ebeling House Speaker Nancy Pelosi expressed optimism […]

The Trump Fed’s Policies are Broad and Loose

The Trump Fed’s Policies are Broad and Loose

#PresidentTrump #Fed #money The Fed’s policy is already set on a loose and supportive course, and is unlikely to change much for the next few years. The policymakers have offered different views on how long it will take the US economy to recover from the crisis brought on by The China Virus. Boston Fed President […]

Fed Chairman to Congress: “More stimulus needed”

Fed Chairman to Congress: “More stimulus needed”

#Fed #Congress #stimulus $DIA $SPY $QQQ $RUTX $VXX Wednesday, Fed officials stressed that more fiscal stimulus is critical to sustaining the economic recovery, and US stocks fell as pessimism began sinking in that Congress would ever deliver a new aid package. Chairman Powell continued to wave the fiscal flag carefully at a congressional hearing saying […]

Fed and Treasury Bosses Back More Aid for Small Businesses

Fed and Treasury Bosses Back More Aid for Small Businesses

#Fed #Treasury #Aid #SmallBusinesses Tuesday, top US economic policymakers opened the door to further aid for small businesses hit by the virus-triggered instant recession. In testimony before the House of Representatives Financial Services Committee, Treasury Secretary Mnuchin and Fed Chairman Powell were pressed by lawmakers concerned the multi-trillion-dollar effort to battle the economic fallout from […]

Continuing Resolution Congress’ Most Important Task Now

Continuing Resolution Congress’ Most Important Task Now

#government #funding #economy The most important fiscal matter is for Congress to reach a clean continuing resolution to keep the government open past 30 September White House economic adviser Larry Kudlow said Monday.  “We have to really respect Justice Ginsburg and may she rest in peace,” Mr. Kudlow said on TV. “I think the most immediate […]

President Trump,“They do not want to make a deal”

President Trump,“They do not want to make a deal”

#PresidentTrump #aidreliefstimulus #election President Trump said congressional Democrats do not want to make a deal on another round of economic stimulus because they think it would help him win re-election. “They do not want to make a deal,” President Trump said at a news conference Monday, after he was asked why he would not meet […]

Jobs Report Good, Getting Better, Low Interest Rates to Stay for a Long Time, Do Not Fear September in a Presidential Election Year with the Incumbent Running

Jobs Report Good, Getting Better, Low Interest Rates to Stay for a Long Time, Do Not Fear September in a Presidential Election Year with the Incumbent Running

#PresidentTrump #Powell #Fed #jobs #interest #rates $DIA $SPY $QQQ $RUTX $VIX $VXX The US financial markets will be closed Monday for Labor Day Friday, Trump Fed Chairman Powell declared the the NFPs employment report for August was “a good one,“and reiterated that the FOMC will keep ultra-accommodative monetary policy (the Fed put) for years to […]

No ‘Porked Up’ Aid Bill is Needed Now

No ‘Porked Up’ Aid Bill is Needed Now

#PresidentTrump #economy #recovery #Congress #money The US economy is entering a self-sustaining V-Shaped recovery and does not need a big dose of aid/relief/stimulus bill from Congress. “The numbers are coming in very, very nicely,” National Economic Council Director Larry Kudlow said adding that data suggests a rise in C-19 coronavirus cases over the Summer put only “a […]

Congress Told Small Business Owners are Facing Financial Ruin

Congress Told Small Business Owners are Facing Financial Ruin

#Congress #retailers #restaurants #consultants #manufactures #financial #ruin #PPP #SBA #loans #NYSE $DIA $SPY $QQQ $RUTX $VXX “From retailers and restaurants to consulting and manufacturers, small-business owners are facing a future of potential financial ruin that will make the nation’s current economic downturn last years longer than it must,” the America’s corporate leaders said in their […]

The Economic Data Calls for More Aid/Relief/Stimulus

The Economic Data Calls for More Aid/Relief/Stimulus

#Aid/Relief/Stimulus #Congress #GDP #Fed #depression #economy US Treasury Mnuchin Calls on Congress to Pass more Stimulus this Month The economic data reported Thursday confirmed the enormity of the Q-2 blow suffered by the global economy and the challenges ahead. The longer Congress delays, the greater the risk that the stalled recovery will lead to a […]

Tuesday’s World Markets Outlook: Asia-Pacific + Wall Street Recap

Tuesday’s World Markets Outlook: Asia-Pacific + Wall Street Recap

#AsiaPacific #stock #markets #rally #dollar #gold #WallStreet #C19coronavirus #USChina #Fed #FOMC #Congress #yen #safehaven $DIA $SPY $QQQ $RUTX $XAU $GLD $USD #JPY Asian stock markets advance after Wall Street rally, gold extends, USD falls The price of gold rose 38.80 to 1,969.80oz Tuesday, up 2% to another record high. It is unusual for the price […]

Next Trump Aid/Relief/Stimulus Focused on Restarting Schools, Jobs, Cutting Payroll Tax

Next Trump Aid/Relief/Stimulus Focused on Restarting Schools, Jobs, Cutting Payroll Tax

#Aid #Relief #Stimulus #Schools #Jobs #Republicans #Money #PayrollTax Monday, Treasury Secretary Mnuchin said the next round of virus relief will center on getting children returning to schools and workers back into jobs. Secretary Mnuchin will have a Key role in negotiating a new aid/relief/stimulus bill with Democrats, spoke at a White House meeting with President […]

Aesop’s Fable: The Ant and the Grasshopper

Aesop’s Fable: The Ant and the Grasshopper

#AesopFable #AntandGrasshopper, #moral #lessons #planning #future The Ant and the Grasshopper is one of Aesop’s Fables, numbered 373 in the Perry Index. The fable describes how a hungry grasshopper begs for food from an ant when Winter comes is refused and dies. The situation sums up moral lessons about the virtues of hard work and planning for the […]

President Trump, “Stimulus Bill ‘Must’ Include Payroll Tax Cut”

President Trump, “Stimulus Bill ‘Must’ Include Payroll Tax Cut”

#PresidentTrump #taxcut #stimulus #payroll #WhiteHouse #C19Coronavirus #money The White House is signaling to Congress that President Trump will veto a new C-19 coronavirus aid bill if it does not include a payroll tax cut, adding a new complication to already contentious negotiations. “President Trump wants to provide relief to hardworking Americans who have been impacted […]

The 4th of July Represents Epitome of Freedom for Most Americans

The 4th of July Represents Epitome of Freedom for Most Americans

#freedom #4thJuly #C19 #coronavirus #government #surveillance #Constitution #America #testing #monitoring #traveling The Bill of Rights Cannot be Suspended During a “Public Health Crisis” The 4th July in America is more than a national holiday celebrating the Declaration of Independence. For most Americans, it represents the very epitome of freedom in all its definitions and implications. […]

Hardest Hit US Businesses President Trump’s Next Aid/Relief Focus (Video)

Hardest Hit US Businesses President Trump’s Next Aid/Relief Focus (Video)

#aid/relief #businesses #rally #Fed #FOMC #Congress #PPP #economy #PresidentTrump $DIA $SPY $QQQ $RUTX $VXX Fed Chairman Powell and Treasury Secretary Mnuchin testified before the House Financial Services Committee about the measures taken to support the economy. Treasury Secretary Steven Mnuchin told Congress Tuesday that The Trump Administration wants the next round of economic aid/relief to […]

US Still Seeing V-Shaped Recovery Despite Some Setbacks

US Still Seeing V-Shaped Recovery Despite Some Setbacks

#VShapedRecovery #economy #C19coronavirus #recovery #NYSE #stockmarket #rally #bullish #resiliance $DIA $SPY $QQQ $RUTX $VXX The US economy is displaying remarkable resilience and is still seeing a “V-shaped recovery” despite some setbacks in efforts to reopen state economies that had been shuttered by the C-19 coronavirus. “At the moment, the story looks very good. We are […]

Marty Zweig: “Don’t fight the Fed and Don’t fight the Tape”

Marty Zweig:  “Don’t fight the Fed and Don’t fight the Tape”

$DIA $SPY $QQQ $RUTX From Marty’s advice I minted my own that I have closed nearly every weekly Redroadmaster Report for the past 22 yrs: “Always take what the market gives.” Often followed by: “Tune out the Noise!“ What that means Don’t fight the Fed means that you cannot fight a Fed boss who intends […]

The C-19 coronavirus Will Not Shutdown the US Economy Again

The C-19 coronavirus Will Not Shutdown the US Economy Again

The United States cannot let the C-19 coronavirus shut down its economy again, Treasury Secretary Steven Mnuchin said Thursday. He added that more than $1-T in aid/relief funds will flow into the economy over the next month. Secretary Mnuchin said he is prepared to go back to Congress for more money to support the economy, but additional […]

“Fast Economic Recovery in Sight”

“Fast Economic Recovery in Sight”

$DIA $SPY $QQQ $RUTX $VXX Jamie Dimon sees “pretty good odds” of a fast economic recovery starting in Q-3 thanks to the US government’s stimulus programs and the strength of the consumer going into the Medical Malpractice chaos. “You could see a fairly rapid recovery,” the JPMorgan Chase & Co. CEO said Tuesday at a […]

Commentary: Paul Ebeling on Wall Street, the Fed’s Fast Actions

Commentary: Paul Ebeling on Wall Street, the Fed’s Fast Actions

$DIA $SPY $QQQ $RUTX $VXX Last Week’s Close Friday May options expired, and the market show us that the leaders were going to make good moves. The futures are telling us that Monday trades will be higher after last week’s action. This story helped: Friday mid-session it was the reported that the Fed purchased $305-M […]

Dems Want More Aid, President Trump in “No Rush”

Dems Want More Aid, President Trump in “No Rush”

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’s Petition to Investigate Bill and Melinda Gates Now has Over 500,000 Signatures

The People’s Petition to Investigate Bill and Melinda Gates Now has Over 500,000 Signatures

A petition is calling on the White House to investigate Bill and Melinda Gates for “crimes against humanity” and “medical malpractice.” US Stock Market is saying, “America is a victim of malpractice by medical advisors” A petition calling on the federal government to investigate Bill and Melinda Gates for “crimes against humanity” has surpassed half […]

Be Confident, America’s Jobs Will Rebound

Be Confident, America’s Jobs Will Rebound

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 […]

President Trump and GOP Lawmakers’ Powerful Efforts Will Restore the Economy Relatively Fast…

President Trump and GOP Lawmakers’  Powerful Efforts Will Restore the Economy Relatively Fast…

…The China Virus chaos took its shot at destroying the world’s Top economy quickly and failed. $DIA $SPY $QQQ $RUTX $VXX $PEP $SBUX $GOOGL $CAT $LUV GOP policymakers’ powerful aggressive response to supporting the virus-stricken US economy has also helped support stocks. Investors are looked past Q-1 corporate earnings results, with the coronavirus chaos now […]

Moderate Congressional Democrats Want Quick Deal on Small-business Coronavirus Aid

Moderate Congressional Democrats Want Quick Deal on Small-business Coronavirus Aid

Friday, 15 moderate Democrats, the Key to their party’s control of the US House of Representatives urge Speaker Nancy Pelosi (D-CA) to move quickly to replenish a fund to help small businesses hurt by the coronavirus pandemic, with “No Excuses” saying other party priorities can wait. Both Democrats and Republicans did not end the stalemate […]

The ‘Main Street’ Lending Program, Who Got the Money so Far

The ‘Main Street’ Lending Program, Who Got the Money so Far

$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 […]

“May is the ‘Transition’ Month, the Economy Will Resume”

“May is the ‘Transition’ Month, the Economy Will Resume”

$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 […]

President Trump Setting Up to Adjourn Congress and Make Recess Appointments

President Trump Setting Up to Adjourn Congress and Make Recess Appointments

Wednesday, President Trump threatened to use his “constitutional authority” to adjourn both chambers of Congress so he can make recess appointments and fill vacant positions within his administration, which he argued is more urgent amid the coronavirus pandemic. “The Senate should either fulfill its duty and vote on my nominees or it should formally adjourn […]

Despite a Whole Lot of Awful Happenings, the US is Still Very Strong

Despite a Whole Lot of Awful Happenings, the US is Still Very Strong

$DIA $SPY $QQQ $RUTX $VXX Despite millions of jobless claims, despite most of the country being sequestered at home, despite a falling in GDP, and despite the scare and fear brought on by the coronavirus the major US market stock indexes have recovered 50% of their losses in just the last 2 wks. At the […]

CARES Act: “Virus Aid Direct Deposits Go Out Next Week”

CARES Act: “Virus Aid Direct Deposits Go Out Next Week”

Treasury Secretary Steven Mnuchin told House Democrats that direct deposits to Americans will begin next week under the coronavirus aid/relief package. He also told the lawmakers that $98-B has been approved for small business retention under a program The Trump Administration wants Congress to bolster with another $250-B in a vote expected Thursday. The comments […]

Fed’s Bullard, “There is a lot of potential for this relief program to be successful”

Fed’s Bullard, “There is a lot of potential for this relief program to be successful”

Sunday, St. Louis Fed President said the $2.2-T economic relief bill approved by Congress was appropriately sized and that a further relief effort may not be needed if support efforts are well executed. “I felt like this one was well-sized for the situation,” St. Louis Federal Reserve Bank President James Bullard said on TV when asked if […]

President Trump Will Request More Relief if Small Business Funds Not Enough

President Trump Will Request More Relief if Small Business Funds Not Enough

Saturday, President Trump said he would ask Congress for more aid/relief money to support small businesses if the funds allocated under the $2.2-T coronavirus stimulus package runs short. President Trump Tweeted Saturday: “I will immediately ask Congress for more money to support small businesses under the #PPPloan if the allocated money runs out. So far, way […]

World’s Best Chefs Serve Up Awareness of the Doomed State of the Food Service Industry

World’s Best Chefs Serve Up Awareness of the Doomed State of the Food Service Industry

Today, as a result of the coronavirus pandemic, the world’s best Chefs are focused on serving up awareness about the doomed state of the food service industry. Good work, yes!, but that activism on Top of the $2.2-T aid/relief package will likely not be enough.  “I expect 70% of restaurants will close as a result […]

Stop UN’s WHO Funding for Helping Communist China Cover Up Coronavirus Outbreak

Stop UN’s WHO Funding for Helping Communist China Cover Up Coronavirus Outbreak

Tuesday, Senator Rick Scott, (R-FL) called for Congress to investigate the World Health Organization (WHO) and consider cutting its funding, saying the group was “helping Communist China cover up” the coronavirus outbreak. “The mission of the WHO is to get public health information to the world so every country can make the best decisions to […]

US Stocks Up, Crude Oil Down

US Stocks Up, Crude Oil Down

$DIA $SPY $QQQ $RUTX $OIL $USO $VXX DJIA Jumps 700 as Crude Oil Falls Below $20 to 18-Yr Lows US stocks rose Monday as investors look for shares that have become cheap and can withstand the impact to the economy from efforts to stem the spread of the coronavirus. The S&P healthcare sector jumped 4.67% on the […]

President Trump’s Fed has Brought the Global Financial System Back from the Edge

President Trump’s Fed has Brought the Global Financial System Back from the Edge

$ICE $USD $BAC $WFC This week Fed Chairman Powell set out to offer a explanation for the complicated steps he is taking to relieve dire stresses in the global financial system. “Many places in the capital markets, which support borrowing by households and businesses. I am talking about mortgages and car loans and things like […]

Thursday’s World Markets: Asia and Oceania

Thursday’s World Markets: Asia and Oceania

Most South East Asian stocks rose on optimism around a massive US stimulus package, although Singapore shares fell after the city-state cut its annual growth forecast to better reflect the economic damage from the coronavirus pandemic. Japanese shares took a tumble Thursday following 3 days of massive gains after a rise in domestic coronavirus cases […]

US Virus Aid Bill is Wartime Funding

US Virus Aid Bill is Wartime Funding

$DIA $SPY $QQQ $RUTX $VXX Stocks rose for 2nd day running with stimulus in sight. Wall Street trimmed strong gains late in the session after reports raised doubts about how quickly the bill might pass, but the S&P 500 and DJIA still ended up more than 1% and 2%, respectively Wednesday, Senator Shelley Moore Capito […]

Massive Wartime Investment in Nation Approved in Senate, House to Follow

Massive Wartime Investment in Nation Approved in Senate, House to Follow

The Senate will vote on the $2-T package later Wednesday and the House of Representatives is expected to follow suit soon after. “This is a wartime level of investment into our nation,” Republican Senate Majority Leader Mitch McConnell said in a speech announcing the pact after days of negotiations between Republican and Democratic lawmakers, Treasury […]

Congress Must Embrace Non-partisan Proposals to Combat This Economic Crisis Caused by China’s Virus

Congress Must Embrace Non-partisan Proposals to Combat This Economic Crisis Caused by China’s Virus

$USO $BA In this time of global crisis and economic uncertainty, both Democrats and Republicans have been seeking to exploit the China Virus pandemic in pursuit of partisan policy objectives. Bad policy! The Washington Free Beacon has come up with 10 elements to fix and shield the US economy from the WHO/China Virus crisis. Congress should […]

President Trump Vows Federal Aid Until Economy Recovers From Coronavirus Attack

President Trump Vows Federal Aid Until Economy Recovers From Coronavirus Attack

$DIA $SPY $QQQ $RUTX $VXX “Once we get the economy back, it is gonna all come back to us very quickly.” Friday, President Trump vowed to keep pushing for more federal spending until the economy recovers from the coronavirus outbreak, and said Americans can expect “much more” than $1,000 checks from the government. At a […]

Schumer Already Trying to Tack On ‘Bad Ideas’ to the GOP’s American Family First Aid Legislation

Schumer Already Trying to Tack On ‘Bad Ideas’ to the GOP’s American Family First Aid Legislation

The Democrats’ are proposing the same student loan forgiveness pitch failed Presidential candidate Elizabeth Warren made on the campaign trail. College student loan forgiveness is a ‘bad idea’ because the prevailing attitudes among dead beat students and many of their parents that since the government is owed the money, there will be a way out […]

The US Financial Markets Like What They Hear From Washington, DC

The US Financial Markets Like What They Hear From Washington, DC

$SPY The stock market liked what it heard out of Washington, DC, but expect the volatility to continue till it puts in the bottom. Tuesday, The Trump Administration vowed to deliver a massive financial package designed to help both businesses and individual Americans to weather the crisis. The Fed also stepped in to support the […]

Congress Considering Cash ‘Handouts’ to American Households

Congress Considering Cash ‘Handouts’ to American Households

Cash handouts to all American households is gaining support in Congress as the best way to shore up an economy brought to a near-standstill by the coronavirus. Senator Tom Cotton (R:AK) said he is working on legislation that would provide cash stipends to American households. Several House Democrats back sending $1,000.00 checks as the best […]

“We have an enormous fiscal plan. It is at least $800 billion and maybe more”

“We have an enormous fiscal plan. It is at least $800 billion and maybe more”

The United States could pump $800-B or more into the economy to minimize damage from the coronavirus outbreak if Congress passes a payroll tax holiday through year end, White House economic adviser Larry Kudlow said Monday. “We have an enormous fiscal plan. It’s at least $800 billion and maybe more,” Mr. Kudlow told reporters, totaling up actions already taken […]

REAL ID: What It is, How to Get It

REAL ID: What It is, How to Get It

Only about 42% of Americans have a passport. That number has gone up in the last 20 years. In Y 1997 only 15% of Americans had 1. Now more than 50% of Americans are rely on their driver’s license as identification when they take a domestic commercial flight, that may be about to change. Americans […]

Hapless House Dems Focused on”Imaginary Impeachments”

Hapless House Dems Focused on”Imaginary Impeachments”

US House Judiciary Chairman Jerry Nadler and other House Democrats are pushing for “imaginary impeachment” proceedings against President Trump that “nobody in America” wants, House Minority Leader Kevin McCarthy declared Tuesday. “There are no facts for it,” the California Republican said in a TV interview. “Here is Nadler who campaigned to become chairman on the […]

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 […]

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, […]

President Trump has Dramatic Tools To Curb US Companies Doing Business with China, Chief Among them is the 1917 TRADING WITH THE ENEMY ACT

President Trump has Dramatic Tools To Curb US Companies Doing Business with China, Chief Among them is the 1917 TRADING WITH THE ENEMY ACT

Friday, just hours after China announced retaliatory tariffs on US goods on President Trump ordered US companies to “start looking for an alternative to China, including bringing your companies HOME and making your products in the USA..” The stakes are high US companies invested a total of $256-B in China between Y’s 1990 and 2017, […]

Robert Mueller III, “Weak and Confused Did Not Run the Russia Probe”

Robert Mueller III, “Weak and Confused Did Not Run the Russia Probe”

The former special counsel Robert Mueller appearance before Congress Wednesday, begs questions over whether he really wrote the report about the investigation he headed concerning Russian interference in the Y 2016 election and into President Trump, ex-House Speaker Newt Gingrich said Thursday. “Who was in charge?” Speaker Gingrich said on TV. “It was very clear […]

The Trump Steamroller is Accelerating

The Trump Steamroller is Accelerating

FLASH: The initial shock at the success of this blunt and volcanic man who attacked all factions of both parties and assaulted almost every element of OBushinton political correctness and conventional wisdom, whose inaugural address was described at once by George W. Bush to Hillary Clinton as “some weird s***,” has mutated into a fear […]

Wall Street Finishes at Record Highs, Powell’s Remarks Boost Rate Cut Probability to 100%

Wall Street Finishes at Record Highs, Powell’s Remarks Boost Rate Cut Probability to 100%

$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” […]

Fed’s Signal: Interest Rate Cuts Coming Soon

Fed’s Signal: Interest Rate Cuts Coming Soon

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 […]

President Trump is Not Preparing for an ‘Impeachment Battle’

President Trump is Not Preparing for an ‘Impeachment Battle’

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 […]

Campaign to Reinstate the Gold Standard in US Gathering Momentum

Campaign to Reinstate the Gold Standard in US Gathering Momentum

$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 […]

US Economy Growing Despite Jobs Slowdown

US Economy Growing Despite Jobs Slowdown

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 […]

Medical Marijuana Update

Medical Marijuana Update

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 Wants Congressional Action on the Southern Border or Face “Harsh Measures”

President Trump Wants Congressional Action on the Southern Border or Face “Harsh Measures”

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 […]

Democrats Cannot Impeach President Trump for Creating Best Economy in US History

Democrats Cannot Impeach President Trump for Creating Best Economy in US History

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 […]

Across the Aisle: President Trump and Dems Agree on $2-T Infrastructure Program

Across the Aisle: President Trump and Dems Agree on $2-T Infrastructure Program

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 […]

President Trump Looking Closely at SEC’s ‘Dark Regulation/s’

President Trump Looking Closely at SEC’s ‘Dark Regulation/s’

$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 […]

US Treasury Will Not Weaponize’ IRS in Request for President Trump’s Tax Returns

US Treasury Will Not Weaponize’ IRS in Request for President Trump’s Tax Returns

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 […]

Wall Street Analysts await Cannabis Banking Vote in Congress This Week

Wall Street Analysts await Cannabis Banking Vote in Congress This Week

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 […]

Mueller Report Done and Delivered to USAG Barr

Mueller Report Done and Delivered to USAG Barr

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 […]

President Trump’s Economic Growth Plan Is Sustainable

President Trump’s Economic Growth Plan Is Sustainable

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 […]

Building ‘The Wall’

Building ‘The Wall’

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 […]

President Trump Declares ‘National Emergency’ to Build the Wall

President Trump Declares ‘National Emergency’ to Build the Wall

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 […]

President Trump, “I am Not Happy with the Deal”

President Trump, “I am Not Happy with the Deal”

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 […]

Border Discussion Broke Down, Shutdown Looms

Border Discussion Broke Down, Shutdown Looms

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 […]

Boy Bullied Because Last Name Is Trump to Attend SOTU with Our President and 1st Lady

Boy Bullied Because Last Name Is Trump to Attend SOTU with Our President and 1st Lady

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, […]

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