The Trump Effect: US economy Poised for Strong Growth in Q-3 US economy is expanding at a 4.4% annualized rate in Q-3, the Atlanta Fed’s GDPNow forecast model showed Friday despite retail sales recording their smallest gainer in 6 months in August. Consumers cut back on purchases of motor vehicles and clothing, but upward revisions to […]
House to Make Individual Tax Cuts Permanent US House of Representatives Speaker Paul Ryan, (R-WI), announced Wednesday that the Lower Chamber will vote later this month to make the individual tax cuts signed in December permanent. President Donald Trump signed the tax bill in December, but the tax cuts it outlined were set to expire […]
President Trump Cuts More Regulations, Small Businesses Benefit $DIA, $SPY, $QQQ, $RUTX, $VXX US markets will be closed Monday in celebration of Labor Day. Friday, President Donald Trump directed the Labor and Treasury departments to work to make it easier for small businesses to band together to offer retirement plans to their workers. President Trump […]
The Trump Tax Cut Driving Strong Business Investment Shipments of core capital goods rose 0.9% last month after an upwardly revised 0.9% gainer in June. US economy is growing at a 4.6% annualized rate in the third quarter following the government’s data on new-home sales and costs, the Atlanta Federal Reserve’s GDPNow forecast model showed […]
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 […]
This Bull Market Was Born in the Depths of Financial Crisis $SPY This Wall Street Bull market was born at the depths of a financial crisis, and it has just became the longest ever recorded. Low valuations, little competition and EP/S growth that looked spectacular, but inline with historical trends, these were the forces that […]
US GDP Growing on Strong Domestic Demand The US economy set to charge ahead as fresh domestic demand carries it past some softening overseas, keeping the Fed on course for further interest-rate hikes later this year Households have more cash to spend than thought, thanks to pools of savings and President Donald Trump’s tax cuts. […]
Keeping Records? This is the Longest Bull Market in Stocks on Record $DIA, $SPY, $QQQ, $RUTX Are you 1 of us who keeps good records? Well thank take some time Wednesday and look up some old 401(k) or mutual fund statements, then check your balance on 9 March 2009. The difference from then and now […]
Some Companies that ‘Inverted’ to Return US for the Trump Tax Cuts Some of the US companies that moved offshore in a wave of inversion deals are now considering returning to the United States now that domestic tax rates are lower and tax policing is tougher abroad, attorneys and consultants said. Some clients have asked […]
ADP: US Companies Add Healthy 219,000 Jobs in July US businesses added 219,000 jobs in July, a private survey found, a robust total that suggests employers are still able to find the workers they need despite the low unemployment rate. Payroll processor ADP said Wednesday that hiring was led by health care providers, hotels and […]
President Trump’s Tax Cut, Deregulation Have ‘Accelerated Growth’ $DIA, $SPY, $QQQ, $RUTX, $VXX Monday JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said Monday that President Donald Trump’s tax cuts, along with some of his other efforts, have helped out the U.S. economy. “Presidents get a lot of credit [and] a lot of blame […]
Republican Tax Plans Include Making US Cuts Permanent $DIA, $SPY, $QQQ, $RUTX, $VXX Tax Reform 2.0 Republican plans to build on last year’s US tax legislation will include making individual and small business tax cuts permanent, expanding savings plans and giving breaks to start-up companies, according to documents released on Tuesday by the chief architect […]
What that S&P 500 Chart Looks Like Now $SPY The Big Q: When we look a candlestick chart of the S&P 500 what does it show us? The Big A: The benchmark index has been up and down but in an upward trend YTD. If you are a Bear, you see a major market Top. […]
The US is Now the World’s Fastest Growing Economy, Nice, Yes? $DIA, $SPY, $QQQ, $RUTX The US economy, the fastest growing among industrialized nations, is on the path to even greater prosperity under President Donald Trump according to White House economic adviser Larry Kudlow. “The United States now has the fastest growing economy in the world, […]
This Bull Market is Alive, Small Caps are Running Too $DIA, $SPY, $QQQ, $RUTX, $VXX Tune out the Noise! The President talks tough on trade and the stock market like it. This Bull is running and will only continue to climb higher under US President Donald Trump. The new leadership is set up and the […]
The Trump Effect: US Companies Seen Investing More $DIA, $SPY, $QQQ, $RUTX, $AAPL US companies are seen investing more of the money saved from sweeping Trump tax cuts into businesses later this year, perhaps even surpassing a jump in Q-1 capital expenditure that was the highest in nearly 7 years. Higher spending on technology, equipment […]
President Trump’s Tax Policies Take Hold, DJIA Cracked Key Resistance $DIA, $SPY, $QQQ, $VXX President Trump’s Tax Cuts are Awesome The S&P 500 finished higher by 0.8% at 2677.84 after crack its 50-D MA at 2687. The DJIA and the NAS Com also finished a just below their 50-Day MA, adding 0.9% and 0.7%, respectively […]
President Trump’s Tax Cuts Seen Halting a 3-Month Retail Sales Slump $SPY For sure President Trump’s tax cuts have given a boost to Americans’ take-home pay this year. The Big Q: Will the US consumer putting the extra cash toward savings and debt, or using it to go shopping? The Big A: We here a […]
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 […]
‘Like it or Not,’ President Trump’s Tax Cuts to Boost Economic Growth $DIA, $SPY, $QQQ, $VXX Ken Langone, the founder of Home Depot (NYSE:HD) says whether or not you are a supporter of President Donald Trump, his landmark tax-cut strategy will ultimately truly help “Make America Great Again” on every financial and economic level. “It’s […]
PPI Came in ‘Hot’, Traders Shrug it Off, Market Soars $DIA, $SPY, $QQQ, $VXX Thursday, Wall Street marked it 5th session running of gains, led technology stocks as investors shrugged off inflation worries that may have roiled the markets early this month. Traders shrugged off economic data for a 2nd consecutive session that indicated inflation […]
US is Now the ‘Best Country’ for Business Due to Trump Tax Cuts America now the “best country” for business in wake of the sweeping tax cuts championed by President Donald Trump. The United States’ economy is on a strong path for growth following the tax cuts and now the “best” for business. “We are […]
US Economy Strong, Growing, as Financial Markets Consolidate Big Gains $VXX The nation’s economy is very strong, and the tax cut bill is energizing business, so the stock markets will be just fine despite the quick correction seen over the past 9 trading days. Savvy participants are cost averaging down and “buying the dip’ “Investment […]
President Trump Right to Take Credit for Booming US Stock Market $DIA, $SPY, $QQQ, $VXX US stocks climbed to new records for the 3rd session running Tuesday, as investors took in the latest batch of Q-4 earnings and celebrated the reopening of the federal government. Tuesday, Blackstone (NYSE:BX) CEO Steve Schwarzman says President Donald Trump […]
President Trump Keeping All Campaign Promises Friday, President Donald Trump signed the $1.5-T tax overhaul into law. He also signed a temporary spending bill to keep the government running and provide money to upgrade the nation’s missile defenses. Starting next year, the new law will give big cuts to corporation and all Americans. The tax […]
Tax Cuts Do Boost Large and Small Business Investment $DIA, $SPY, $QQQ, $VXX Fact: Lower corporate tax rates will lead to more investment projects and thus more aggregate economic activity. When companies, big and small, have more “free cash” at hand, they tend to invest more, and this effect is distinct from any effect of […]
Tax Cuts Fuel Small Business, ‘Engine of Economy’ Small Business Administration (SBA) head Linda McMahon said Tuesday there will be tax savings for small businesses in the GOP tax reform plan, and it will be reinvested to keep fueling “the engine of our economy.” In an interview on TV the former founder, with husband Vince McMahon, […]
GOP Lawmakers Find $450-M More in Tax Cuts A growing number of Key congressional Republicans are considering a move that would allow for about $450-B of tax cuts without offsets, according to congressional aides familiar with the discussions. Under the proposal, the GOP would not account for things like expiring tax breaks when gauging the […]
President Trump’s Tax Cuts Will Drive Jobs and Growth $DIA, $SPY, $QQQ,$VXX The long-term growth path for the US economy from Y’s 1950 to 2000 was 3.3%. Almost every year he was in office, former US President Barack Hussein Obama forecast that he would achieve more than 3% growth, he never got there in 8 […]
President Trump’s Budget Cuts Off Cronyism What President Donald Trump’s budget does to the Department of Energy “is a breath of fresh air,” Heritage Foundation said in a statement Thursday. The Heritage Foundation argues that the Department of Energy (DOE), which is tasked with maintaining the nation’s arsenal of nuclear weapons, conducting nuclear research, and […]
Many “Blue” States are Broke, Need Money Like O2 Many Blue stat Governors and state legislators say they are running out of money again, and many are demanding tax hikes to close budget gaps. More than 50% the states are facing big deficits this year, and they are mostly Blue states, including: California, Connecticut, Delaware, […]
The Stock Market Likes President Donald Trump $DIA, $SPY, $QQQ The US stock market has risen about 9% since the election of Donald Trump as US President, with an increase in wealth of nearly $2-T. The Big Q: Is this the start of a big Bull Market rally? Investors are euphoric over President Trump’s pro-business/pro-investor […]
President Trump in Action Put Washington in Cardiac Arrest $SPY, $QQQ Tuesday the Trump Rally extended and the S&P 500 finished at +14.87 at 2280.07 and the NAS Comp at +48.01 at 5600.95 all time highs. All of Washington DC is in in Cardiac Arrest over news reports that President Donald Trump is planning a budget […]
Donald Trump’s Tax Cuts Could/Will Jump-Start Global Economy US President Elect Donald Trump’s tax cuts and spending plans could deliver a strong shot in the arm to the US economy, lifting growth around the world, although uncertainty about his trade policies adds to the risks, that according to the World Bank (WB). The Trump Admin […]
OPEC and Non-OPEC Producers Agree to Cut Crude Oil Production $OIL Saturday, OPEC and non-OPEC producers reached their first deal since Y 2001 to curtail oil output jointly and ease a global glut after more than 2 years of low prices that stretched many budgets and triggered unrest in some countries. With the deal signed […]
US President Donald Trump’s Tax Cuts “Economic Nirvana” US President Elect Donald Trump’s proposed tax policies will have a positive effect much the same President Ronald Reagan’s did. Economist Art Laffer, a former member of Ronald Reagan’s Economic Policy Advisory Board, said that Donald Trump should not worry about America’s growing trade deficit, and he […]
OPEC Agrees to 1st Output Cut Since 2008 $OIL, $USO OPEC has agreed its 1st limit on oil output since Y 2008 with Saudi Arabia accepting “a big hit” on its production and agreeing to Iran freezing output at pre-sanctions levels. The Organization of the Petroleum Exporting Countries Wednesday agreed on a proposal by member […]