How Whiskey Saved the White House

How Whiskey Saved the White House

#Whiskey #Jackson #WhiteHouse #Washington #presidents 1. Inauguration Day used to be March 4: Until 1937, the president and vice president began their terms on March 4, 4 months after Election Day. With technological advances requiring less time to count votes and travel to Washington, DC, the 20th Amendment, which was ratified in 1933, moved up Inauguration Day […]

Mr. Biden’s Virus Plan is President Trump’s Virus Plan

Mr. Biden’s Virus Plan is President Trump’s Virus Plan

#virus #plan #Trump #Biden Mr. Biden spent months on the presidential campaign trail saying he had a superior plan to combat COVID-19. As turns out his plan is really nothing more than President Trump’s plan. “I mean, obviously, that he thinks I like they have to do something,” said , Representative Ronny Jackson, MD (R-TX) […]

President Trump in a Few Years has Established a Legacy Like No Other in Modern Times

President Trump in a Few Years has Established a Legacy Like No Other in Modern Times

#PresidentTrump #Legacy One of the 1st things President Donald J. Trump when he moved into the Oval Office in Y 2017 was hang a heroic portrait of Andrew Jackson, the populist President who fought duels, hated the press, accused economic elites of corruption, and became a folk hero to the American working class American historians […]

Gold Traders Kept ‘Powder Dry’ Ahead of Fed’s Jackson Hole Summit

Gold Traders Kept ‘Powder Dry’ Ahead of Fed’s Jackson Hole Summit

$XAU $GLD $USD Gold is an asset that will never produce anything, but that does not mean it will never produce a profit for investors. Gold prices moved lower Thursday and consolidated in a tight range as USD initially moved higher. This happened despite slightly better than expected EU PMI Flash numbers. The Jackson Hole […]

Chairman Powell Challenged at Jackson Hole

Chairman Powell Challenged at Jackson Hole

Fed Chairman Powell comes to this year’s meeting of central bankers in Jackson Hole, WY, wedged between discord within the FOMC over appropriate monetary policy and mounting market pressure for more interest rate cuts. In navigating that gap, Chairman Powell is unlikely to use his Keynote speech Friday at the Kansas City Fed’s annual economic […]

Jackson Hole is the Perfect Place for Chairman Powell to Declare a Fed Rate Cut

Jackson Hole is the Perfect Place for Chairman Powell to Declare a Fed Rate Cut

Fed Chairman Powell opens the central bank’s annual Jackson Hole symposium Friday with a speech on the challenges for monetary policy. A deglobalization shock ignited by President Trump’s trade policy; super low interest rates, including $16.7-N in negative-yielding bonds; a never-ending presidential assault on the Fed; and a rising risk of a US and worldwide […]

Gold Has Broken Through the Psych Resistance at 1300 oz, Next?

Gold Has Broken Through the Psych Resistance at 1300 oz, Next?

Gold Has Broken Through the Psych Resistance at $1300 oz, Next? $GLD Gold has broken the 1,300 0z  the Psych resistance mark that has held since October 2016. Today the metal trades at 1,324. This rise is being attributed in part to a weakened USD after the head of the ECB refrained from talking down […]

US Market and Asian Markets Quiet Ahead of Jackson Hole

US Market and Asian Markets Quiet Ahead of Jackson Hole

US Market and Asian Markets Quiet Ahead of Jackson Hole $DIA, $USO, $UGA, $GLD Investors continued to remain on the sidelines in anticipation of the Jackson Hole Symposium Friday. All of the US major indices all posted moderate losses again in light trading, with a counter trend for small caps, as the Russell gained 4 […]

Yellen and Draghi Open Jackson Hole Symposium Friday

Yellen and Draghi Open Jackson Hole Symposium Friday

Yellen and Draghi Open Jackson Hole Symposium Friday $USD, $DXY, $EUR The Jackson Hole Symposium is this week’s most anticipated event, in part due to a severe lack of other newsworthy market stories but also because two very important central bankers are scheduled to appear. The Fed and the ECB are not only 2 of […]

Neverland Ranch Back on Market, Price Slashed

Neverland Ranch Back on Market, Price Slashed

Neverland Ranch Back on Market, Price Slashed Michael Jackson’s Neverland Ranch in California is back on the market at a reduced price of $67-M and with no mention of the late pop star in the real estate listing. The sprawling 2,700-acre (1,100-hectare) estate, which once featured a zoo and theme park rides and where Jackson […]