The Majority of Likely Voters See Donald Trump as “The Law & Order President” and Will Win a 2nd Term in November

The Majority of Likely Voters See Donald Trump as “The Law & Order President” and Will Win a 2nd Term in November

#PresidentTrump #Law&Order #election The Poll: Zogby Analytics’ online survey of 1516 likely US voters was conducted 21-23 July and the margin of error plus or minus 2.5% The majority of likely US voters agree with President Trump’s assertion he is the law and order candidate in this November’s election. “Many people have taken their anger and frustration […]

Donald J. Trump has Become a Wartime President: “Praise the Lord, He Passed Us the Ammunition”

Donald J. Trump has Become a Wartime President: “Praise the Lord, He Passed Us the Ammunition”

$BAYRY Never before have the American People been affected by such a catastrophe, as no war has or will have the effect of a virus such as COVID-19 worldwide.  In essence, the $21-T+ American economy at a standstill with millions of American families wondering how they will survive economically. About 40% live paycheck to paycheck […]

People are Asking, “What is going on in this Stock Market?”

People are Asking, “What is going on in this Stock Market?”

$DIA $SPY $QQQ $RUTX The Big Q: What is going on in this Stock Market? The Big A: A confluence of confusion aka lots of unknowns. I have been in the stock market since Y 1981, and like everyone else I know in this game, have not see this kind of action ever. What we […]

President Trump’s “Your Fired” List has been Prepared

President Trump’s “Your Fired” List has been Prepared

President Trump’s allies have been putting together lists of government officials considered disloyal to him, along with pro-Trump personnel to replace them, it was reported Sunday. The lists, which have been worked on since Y 2018 but have taken on added significance since President Trump’s acquittal in the Senate impeachment trial, have been put together by supporters […]

“Deficit Not a Concern if Market Does Not React”

“Deficit Not a Concern if Market Does Not React”

$DIA $SPY $QQQ $RUTX $VXX “The growing national deficit is a ‘legitimate issue’, but our main focus now is in creating jobs,” White House trade adviser Peter Navarro said Friday.  “Until the bond market starts reacting negatively to that and we start seeing inflation, the deficit is not going to be a concern,” Mr, Navarro […]

US Economy Roars Because President Trump Shredded Hussein Obama Stagnation Policies

US Economy Roars Because President Trump Shredded  Hussein Obama Stagnation Policies

$DIA $SPY $QQQ $RUTX $VXX FLASH: The notion that Mr. Hussein Obama is responsible for today’s good economy is Bunk!. The US robust economy is the best it has been in more than 10 years, it is due entirely to President Trump’s policies which include shedding the former president’s policies. Fact: Had Mr. Hussein Obama […]

President Trump’s “Best Week Ever”

President Trump’s “Best Week Ever”

President Trump had the “best week ever,” said TV host Bill Maher. “I thought it was his best week ever,” Mr. Maher said in a TV interview Sunday. “And the most depressing week for me, as someone who’s not a fan of Donald Trump and what he’s doing to this country. “The other depressing thing about […]

President Trump Making Good On Promises to Minority Community

President Trump Making Good On Promises to Minority Community

“The person who can beat Donald Trump hasn’t been born yet.” Live-stream video bloggers and social media personalities Lynnette Hardaway and Rochelle Richardson, known as Diamond and Silk, praised President Trump’s for having “put his money where his mouth is.” In an interview the pair touted the “opportunity zones” program that grants tax breaks on […]

“Blowout” Jobs Growth Reflects Very Strong Economy

“Blowout” Jobs Growth Reflects Very Strong Economy

$DIA $SPY $QQQ $RUTX $VXX Friday, White House adviser Larry Kudlow said the “blowout” jobs report was just the cherry on top of a very strong economic start to this New Year. Manufacturing, job growth and the stock market all boosted the economy in January, he said. “I think we’re in very strong territory right […]

“Smooth Sailing” on Blockbuster Economy

“Smooth Sailing” on Blockbuster Economy

$DIA $SPY $QQQ $RUTX $VXX S&P 500 and NAS Comp finish on new highs, virus concerns fade. Stephen Moore, the Heritage Foundation’s chief economist, said Wednesday that there is nothing negative to say about the US economy. The US economy has hit record-highs across the board, Mr. Moore told Wednesday’s “National Report.” “You got the lowest unemployment […]

“US Would Refinance, Pay Off Debt if Fed Lowered Rates”–President Trump

“US Would Refinance, Pay Off Debt if Fed Lowered Rates”–President Trump

$DIA, $SPY, $QQQ, $RUTX, $VXX Less than 1 hr after Fed officials begin a two-day policy meeting, President Trump calls for a cut in rates. “The Fed should get smart & lower the Rate to make our interest competitive with other Countries which pay much lower even though we are, by far, the high standard,” […]

2020: US Economic Growth to Top 3% This Year

2020: US Economic Growth to Top 3% This Year

$DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, White House Top economic advisor Larry Kudlow predicts that economic growth will surpass at least 3% this year. “I am looking for faster growth: I think we’re going to get 3% this year,” Mr. Kudlow said on TV. “The trade deals will help, the Fed changed policy — that was very, […]

President Trump to Crackdown on Birth Tourism

President Trump to Crackdown on Birth Tourism

The Trump Administration is planning to crack down on the practice of birth tourism, where thousands of foreign pregnant women enter the US on a visa, give birth to children who automatically gain American citizenship, and then take the babies back home or to another country. The move comes as President Trump continues to buckle […]

Trump Tax Cut 2.0 in the Works

Trump Tax Cut 2.0 in the Works

The White House continues to work on a tax-cut plan in hope that Republican lawmakers will be in control of Congress after the Y 2020 elections, President Trump’s top economic aide Larry Kudlow said. “I am still running a process of Tax Cuts 2.0,” Mr. Kudlow said in a TV interview Wednesday. “We’re many months away.” The […]

President Trump Inks P-1 of China Trade Deal: DJIA, S&P 500 Close at Record Highs

President Trump Inks P-1 of China Trade Deal: DJIA, S&P 500 Close at Record Highs

$DIA $SPY, $QQQ, $RUTX, $VXX Wednesday, the DJIA closed above 29,000 for the 1st time plus the S&P 500 closed at a record high after the United States and China signed the Phase 1 trade agreement and pledged to resolve the 2 yr tariff dispute. The centerpiece of the agreement is a pledge by China […]

2020: Border Wall, Mexico Will Pay for It

2020: Border Wall, Mexico Will Pay for It

President Trump vowed he will get Mexico to pay for the border wall, saying an announcement will come during the 2020 Presidential election campaign. “By the way, they think they caught me,” President Trump said, pointing to the media during his campaign rally Tuesday night in Milwaukee. “They never catch us. “Because, you know Mexico’s paying for the […]

2020: US-China Trade Deal Fully Enforceable

2020: US-China Trade Deal Fully Enforceable

Documents to be released Wednesday will show skeptics that a Phase 1 US-China trade agreement will be fully enforceable, including a pledge by China to refrain from manipulating its currency, USTreasury Secretary Steven Mnuchin said Tuesday. President Trump is due to sign the trade pact with Chinese Vice Premier Liu He at a ceremony at […]

President Trump Wants $7.2-B More From Pentagon for Wall

President Trump Wants $7.2-B More From Pentagon for Wall

President Trump plans to divert an additional $7.2-B in Pentagon funds for his promised border wall, reports. The Trump Administration Friday touted the 100th mile of border wall to be built since the President took office in Y 2017, a project partly funded by military construction and other federal funds after President Trump declared a national […]

2020: No Chance of Recession

2020: No Chance of Recession

Barron’s annual roundtable of 10 veteran investors and economists agree that there’s almost no chance of a recession this year. The roundtable’s view of stocks is decidedly, albeit cautiously, optimistic, Barron’s reported. The 10 experts “all spoke of high valuations and noted a lack of catalysts to drive stocks higher. That led to some bemoaning that […]

Florida Man Sentenced to 90 Days for Spitting on Man Wearing MAGA Cap

Florida Man Sentenced to 90 Days for Spitting on Man Wearing MAGA Cap

Careful anti-Trumpers the worm has turned. Spitting on President Trump and his “deplorable” supporters, and and will cost anti-Trumpers 90 days in jail, 12 months probation, and cost you almost $1,000 on a charge of battery, if not $15,000 in a civil lawsuit. A Vero Beach, Florida, judge sentenced a registered Democrat to that time in the […]

87% of Republicans Back President Trump on Iran

87% of Republicans Back President Trump on Iran

The Trump Administration’s de-escalation of Iranian tension has become a divisive partisan issue, according to the latest ABC News/Ipsos poll released Sunday. Overwhelmingly, almost unanimously in opposing directions, 87% percent of Republicans back Trump on Iran, while 90% of Democrats do not, according to the poll. One point of 2-party agreement in the divisive poll results is 93% of respondents have […]

See Stronger Economy, Higher Growth in This Election Year…Headed “Back to the 3% Growth Zone”

See Stronger Economy, Higher Growth in This Election Year…Headed “Back to the 3% Growth Zone”

$SPY White House economic adviser Larry Kudlow believes the US economy will continue to grow at a robust pace as the Y 2020 election season proceeds. “This continuing Bull market run indicates a lot of investor, consumer and business confidence, in my judgment,” Mr. Kudlow said. Early in Fridays session, the DJIA broke above 29,000 for […]

2020: The Fed and Q-4’s Initiation

2020: The Fed and Q-4’s Initiation

$DIA $SPY $QQQ $RUTX $VXX Last September something happened in the “repo” short-term financing market. Liquidity dried up, interest rates spiked, and the Fed stepped in to save the day. On 12 December a New York Fed statement said its trading desk would increase its repo operations around year end “to ensure that the supply of reserves remains […]

2020: America First, USMCA, China Trade Deal ‘Phase 1’ Could Come Back-to-Back

2020: America First, USMCA, China Trade Deal ‘Phase 1’ Could Come Back-to-Back

 2 of the “biggest and best trade deals ever in American history” could be signed within a week of each other, according to assistant to the President and Director of the Office of Trade and Manufacturing Policy Peter Navarro.  The US-Mexico-Canada Agreement (USMCA) will likely pass the Senate, with a bipartisan vote, as early as this […]

President Trump Will Respond If Iran Does Not Back Down

President Trump Will Respond If Iran Does Not Back Down

President Trump is prepared to “respond appropriately” if Iran does not de-escalate its actions in response to the US for killing 1 of its most powerful figures, General Qassem Soleimani, in an airstrike at Baghdad’s international airport, Secretary of State Mike Pompeo said Friday morning. He said on TV that General Soleimani, the head of Iran’s […]

Notice to Iran: “Do not confuse President Trump’s patience with weakness”

Notice to Iran: “Do not confuse President Trump’s patience with weakness”

The Trump Administration’s policy toward Iran is working, and the United States is “not seeking another war in the Middle East,” State Department spokeswoman Morgan Ortagus declared Wednesday. “We have told the Iranian regime countless times, do not confuse President [Donald] Trump’s strategic patience with weakness,” Ms. Ortagus said on TV Wednesday. Tuesday’s attack on […]

Gold Closed Above $1500 on Pace to Best Year Since 2010

Gold Closed Above $1500 on Pace to Best Year Since 2010

$GLD, $XAU, $SLV, $USD, $JPM, $GS, $UBS Gold rose for a 4th session running, topping 1,500 oz and on pace for its best annual gainer since Y 2010. The precious Yellow metal marked a 7-wk high on the breakout as investors positioned for Y 2020, with post-Christmas gains coming even as global equities inched higher and US-China […]

Winning the Pro-Trump Argument with Family and Friends

Winning the Pro-Trump Argument with Family and Friends

Family holidays. Full of love. Full of laughter. And full of the inevitable conversations with the family liberal who just does not want to believe how great America is doing with President Trump in office. Thanks to President Donald Trump, the American energy revolution is now underway. America is now the world’s largest oil producer […]

Global Stocks Rise $17-T YTD

Global Stocks Rise $17-T YTD

$SPY, $QQQ, $RUTX, $DIA, $DE Global stock markets gained $17-T in total value in 2019 according to the information based on Deutsche Bank calculations. The chart from Deutsche Bank (NYSE:DE), the value of global equities began the year just under $70-T but now exceeds $85-T. Political developments and an easier monetary policy have helped spark […]

President Trump & Our 1st Lady’s Christmas Message: “The President and I want to wish each and every American a very Merry Christmas.”

President Trump & Our 1st Lady’s Christmas Message: “The President and I want to wish each and every American a very Merry Christmas.”

“The President and I want to wish each and every American a very merry Christmas,” our 1st Lady said Wednesday. “We say a special prayer for those military service members stationed far from home and we renew our hope for peace among nations and joy to the world.” On Christmas eve President Trump and 1st […]

President Trump’s Approval Ratings Now Just Under 50%

President Trump’s Approval Ratings Now Just Under 50%

President Trump’s approval rating is at just under 50% in the past few weeks before the 2020 election year starts, a new Hill-HarrisX poll released Monday revals.  According to the poll, 49% of Americans say they approve of President Trump’s job performance, up 3 percentage points from the 8-9 December poll, when his numbers were at 46%.   In […]

President Trump is the Key to US Stock Market’s Growth

President Trump is the Key to US Stock Market’s Growth

$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street’s indexes set new records again, The Trump Policies are working President Trump is the main reason for the recent strength in the stock market, more so than the impartial evaluations of how the economy is performing, Nobel-prize winning economist Robert Shiller said during a appearance Sunday. Dr. Shiller […]

The DJIA & SP 500 Marked Record Highs After US House Voted Articles of Impeachment Vs President Trump

The DJIA & SP 500 Marked Record Highs After US House Voted Articles of Impeachment Vs President Trump

$DIA, $SPY, $QQQ, $RUTX, $VXX Last week Though the House of Representatives voted to impeach President Trump Wednesday night, the stock market rose to new record highs in their 1st session after the news, boosted by trade progress and a US economy that continues to hold steady. Large-cap indices renewed the Northside with more vim […]

President Trump: “Had Very Good Talk With China on Trade and…”

President Trump: “Had Very Good Talk With China on Trade and…”

Friday, President Trump Tweeted Friday that he had “a very good talk” with President Xi Jinping of China on trade and that Beijing “has already started large scale purchases of agricultural products and more.” “Formal signing being arranged,” President Trump said in the post, in which he noted further that “progress” was being made because he and […]

GOP Breaks Fundraising Records on Impeachment

GOP Breaks Fundraising Records on Impeachment

The House passed articles of impeachment against President Trump on the same day his re-election campaign raised more than $5-M, in a month when the GOP raised more than $20-M. The Republican National Committee (RNC) announced a record-setting $20.6-M collected in November, according to data filed with the Federal Election Commission. This brings the party […]

President Trump’s Attacks on the Fed Shape Markets

President Trump’s Attacks on the Fed Shape Markets

$SPY President Trump’s demands on the Fed to loosen monetary policy impact financial markets, according to new research published by the Bank of Canada. In the study released this month, Antoine Camous of the University of Mannheim and Dmitry Matveev of Canada’s central bank looked at Fed funds futures, a guide to where investors are […]

History Suggests Wall Street Need Not Worry About President Trump’s Impeachment

History Suggests Wall Street Need Not Worry About President Trump’s Impeachment

$DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, President Trump appeared on the cusp of becoming only the 3rd US President to be impeached, history suggests investors need not worry, even though it adds uncertainty on Wall Street. Strong partisan divisions were on display as members of the House of Representatives engaged in a debate ahead of historic […]

President Trump’s Economic Approval Hits Highest Mark in Year

President Trump’s Economic Approval Hits Highest Mark in Year

President Trump’s economic approval numbers surged back to their highest levels in a year despite impeachment proceedings, according to the CNBC All-America Economic Survey. The survey shows 49% of Americans approving of the president’s handling of the economy, up from 42% in September and the highest mark in a year. The poll of 800 Americans […]

DJIA Plus 10,000 Pts Since President Trump’s Election

DJIA Plus 10,000 Pts Since President Trump’s Election

$DIA, $SPY, $QQQ, $RUTX, $AAPL, $VXX Wall Street stocks marked another record closing high Monday, as the DJIA gained 10,000 points since Donald Trump was elected President. The Dow’s high point on Monday was 28,337.49, it closed at 18,332.74 on 8 November 2016 The index has rallied more than 54% since President Trump’s election victory, while the benchmark S&P […]

President Trump’s Trade Deals are “Pro-Growth, Remove Uncertainty”

President Trump’s Trade Deals are “Pro-Growth, Remove Uncertainty”

Monday, white House economic adviser Larry Kudlow said trade deals with China, Canada, and Mexico will strengthen the economy, adding that exports will double with China under the P-1 of President Trump’s new agreement.  “These deals are both pro-growth and yeah, they do remove some uncertainty,” he said. “They also increase incentives to invest…I think […]

US Trade Deal with China Will Boost Global Economy

US Trade Deal with China Will Boost Global Economy

US Treasury Secretary Steven Mnuchin said Saturday a “P-1” trade deal between the United States and China was “very good” for global economic growth, and added that the 2nd phase could come in several steps. The United States and China cooled their trade dispute Friday, announcing a “P-1” agreement that reduces some US tariffs in […]

A Case for the Extension of This Bull Market

A Case for the Extension of This Bull Market

$SPY, $RUTX, $USD Last Christmas, the longest Bull market in our lifetime came within points of dying as the Fed raised interest rates. Some pundits say that every 3 years or so something pushes the Bull market to the brink of extinction, before a last-minute escape, that there is a record of support that underpins […]

US Supreme Court to Hear President Trump’s Case to Shield Financial Records

US Supreme Court to Hear President Trump’s Case to Shield Financial Records

Friday, the US Supreme Court agreed to hear President Trump’s appeals in 3 separate cases to prevent his financial records, including tax returns, being handed over to Democratic-led House of Representatives committees and a New York prosecutor. The court will hold oral arguments in March, with rulings due by the end of June. “We are […]

“2020 Will Be a Very, Very Strong Economic Year”

“2020 Will Be a Very, Very Strong Economic Year”

White House economic adviser Larry Kudlow predicts that Y 2020 “will be a very, very strong economic year” as the jobs market only stands to get stronger in the wake of Friday’s China-US trade deal. “I think it will be pro-growth. I think it will help business confidence and business investment,” Mr Kudlow said. Kudlow spoke […]

Boris Johnson, Donald Trump Friendship Back on Track

Boris Johnson, Donald Trump Friendship Back on Track

The political friendship between President Trump and British Prime Minister Johnson is back on track. PM Johnson’s Conservative Party’s expected victory in Thursday’s election, clears the way for his BREXIT deal with the European Union, and a trade deal with the United States. And that means the friendship that had been “soft peddled” before the vote in […]

FMOC: Interest Rates Unchanged, Forecasts Show No Change in 2020

FMOC: Interest Rates Unchanged, Forecasts Show No Change in 2020

Chairman Powell’s Press Conference: The record-long US economic expansion is in its 11th year, a Bull run that has driven unemployment to the lowest level since Y 1969 even while failing to sustainably deliver inflation at the Fed’s 2% target. Officials also released new Quarterly forecasts showing the following:: The median estimate for the fed […]

President Trump Leads All Dems in Battleground States

President Trump Leads All Dems in Battleground States

Despite impeachment insanity, President Trump has beaten his Democratic rivals in the battleground states Michigan, Pennsylvania and Wisconsin in the latest poll from GOP firm Firehouse Strategies. Firehouse and Optimus surveyed likely voters in the 3 states, asking who they would be more likely to vote for in a head-to-head matchup between President Trump and the […]

Over 7,000,000 Jobs Created Under President Trump’s Policies, America is Working!

Over 7,000,000 Jobs Created Under President Trump’s Policies, America is Working!

President Trump has “added more than 7 million jobs” during his time in office, a Treasury official said at the weekend. Monica Crowley, Assistant Secretary of Public Affairs at the Treasury Department, gave in a radio interview following the administration’s announcement last Friday that payrolls increased by 266,000 in November, far above Wall Street expectations. […]

Gold Markets Rallied on President Trump’s Trade Comments

Gold Markets Rallied on President Trump’s Trade Comments

$XAU, $GLD, $SPY Gold markets rallied significantly during the trading session Tuesday after President Trump suggested that the Chinese trade deal could wait until after the election. If that’s going to be the case, then markets are pretty concerned based upon the reaction. Gold rallied but are already starting to give back some of the gains […]

“Proper US-China Trade Deal More Important Than Timing”

“Proper US-China Trade Deal More Important Than Timing”

$DIA, $SPY, $QQQ, $RUTX, $VXX The Commerce Secretary said the world’s 2 largest economies still needed to work out details about China’s purchases of farm products, some structural issues and an enforcement mechanism in order to ink an interim trade agreement that President Trump hoped to complete last month. President Trump, speaking in Europe Tuesday, […]

President Trump Proposes Tariffs on Up to $2.4-B in French Imports

President Trump Proposes Tariffs on Up to $2.4-B in French Imports

$FB, $AMZN, $GOOGL The Trump Administration is proposing tariffs on up to $2.4-B worth of French imports in retaliation for France’s tax on American tech giants like Google, Amazon and Facebook. The Office of the US Trade Representative says France’s new digital services tax discriminates against US companies and says that the new tariffs could […]

President Trump Restores Steel Tariffs on Brazil and Argentina

President Trump Restores Steel Tariffs on Brazil and  Argentina

Monday, President Trump said he will reinstate steel and aluminum tariffs on Brazil and Argentina because he claimed the South American countries are devaluing their currencies. He announced the move on his Twitter feed. “Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers. Therefore, […]

Majority of GOP Say Donald Trump Better President Than Abe Lincoln

Majority of GOP Say Donald Trump Better President Than Abe Lincoln

The majority of Republicans say President Trump is a better leader than President Abraham Lincoln, a new poll showed. In the Economist/YouGov weekly tracking survey,  53% of Republicans said President Trump is a better President compared with 47% who chose America’s 16th President, who led the nation through the Civil War. Among all Americans, Lincoln beats […]

US Under President Trump is a Net Crude Oil Exporter Ahead of 2020 Expectations

US Under President Trump is a Net Crude Oil Exporter Ahead of 2020 Expectations

$USO United States has cemented its status as a net exporter in world oil markets, and the dominance could affect its ties to foreign allies. The Energy Information Administration (EIA) reported Friday the United States exported 89,000 more barrels of crude oil and refined petroleum products a day than it imported in September, the 1st full […]

President Trump, “I am Designating Mexican Drug Cartels as Terrorists”

President Trump, “I am Designating Mexican Drug Cartels as Terrorists”

President Trump says he will “absolutely” designate Mexican drug cartels as terrorist groups because of they kill tens of thousands of Americans annually and play a huge role in drug and human trafficking. “They will be designated … I have been working on that for the last 90 days. You know, designation is not that […]

Wall Street Marks Fresh Record Highs on Optimistic Trade Resolution

Wall Street Marks Fresh Record Highs on Optimistic Trade Resolution

$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street’s 3 major averages kicked off the trading week by closing at records Monday as signs pointed to progress between the United States and China on a trade truce, while a round of merger deals also helped buoy investor sentiment. President Donald Trump applauded the achievement. “Another new Stock […]

Commentary: Dragging down China with Turmoil in Hong Kong is an Illusion

Commentary: Dragging down China with Turmoil in Hong Kong is an Illusion

Despite Beijing’s strong and repeated opposition, the US Senate last Tuesday passed the so-called Hong Kong Human Rights and Democracy Act of 2019. By passing the bill, the Senate has not only shown indifference to the chaotic situation on the ground and the need to end violence and restore order, but also tried to embolden […]

This is a Really Good Car Racing Film: Ford v Ferrari

This is a Really Good Car Racing Film: Ford v Ferrari

$DIS “An unusual Hollywood exception to the derision of American exceptionalism,” –The National Review There’s a MAGA moment in Ford v Ferrari when the British-immigrant auto mechanic and race-car driver Ken Miles (Christian Bale) stops being a loner and decides to be a team player. He slows down on the track to let the other American drivers […]

Senate Passes Stopgap Spending Bill, Averts Shutdown

Senate Passes Stopgap Spending Bill, Averts Shutdown

The Republican-held Senate passed a temporary government-wide spending bill that would keep federal agencies up and running through 20 December and avert a government shutdown after Midnight Thursday. The spending bill, passed by a 74-20 vote, would keep federal the government open for another month in hopes the additional time will help negotiators wrap up […]

Markets Wrap with Tech Lifting NAS to Record

Markets Wrap with Tech Lifting NAS to Record

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 declined 0.1% Tuesday in a mixed session. The retail industry was under pressure following disappointing quarterly results and guidance from Home Depot (HD 225.86, -12.99, -5.4%) and Kohl’s (KSS 47.02, -11.38, -19.5%) The NAS Comp climbed to a fresh record on the back of gains in mega cap tech companies even as the […]

President Trump Wants Zero Interest Rates, Told Powell

President Trump Wants Zero Interest Rates, Told Powell

$USD President Trump said he “protested” US interest rates that he considers too high relative to other developed countries in a meeting Monday with Fed Chairman Powell. Mr. Powell met with President Trump and Treasury Secretary Steven Mnuchin at the White House residence in the morning at the President’s request to discuss the economy. It […]

President Trump,”US Will Hike Tariffs on China Without Trade Deal”

President Trump,”US Will Hike Tariffs on China Without Trade Deal”

The United States will raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade dispute, President Trump said Tuesday, threatening an escalation of the action that has damaged economic growth of the world’s 2nd largest economy severely. Speaking at a cabinet meeting at the White House, President Trump said […]

President Trump Will Continue to Defend the US Economy (Video)

President Trump Will Continue to Defend the US Economy (Video)

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 (+0.1%), DJIA (+0.1%), and NAS Comp (+0.1%) eked out incremental gains to close at record highs Monday. The Russell 2000 (-0.3%) closed in negative territory.  Before President Trump, China has intended to take over the world. White House economic adviser Larry Kudlow proclaimed that President Trump will […]

Chief Justice Blocks House’s Attempt to Access President Trump’s Tax Returns

Chief Justice Blocks House’s Attempt to Access President Trump’s Tax Returns

Chief Justice John Roberts ordered an indefinite delay in the House of Representatives’ demand for President Trump’s financial records to give the Supreme Court time to figure out how to handle the dispute, and his order contains no hint about what the court ultimately will do. The court’s hold could last a matter of days […]

‘Joker’ Gets White House Screening

‘Joker’ Gets White House Screening

President Trump hosts White House screening of ‘Joker’ Saturday night, President Trump hosted a showing of  which ‘Joker’ which tells the the origin story of Batman’s arch nemesis.  A senior White House official confirmed that President Trump screened the movie for guests including “family, friends, and some staff.” ‘Joker’ was released in theaters last month, […]

US Stocks, the Week in Review

US Stocks, the Week in Review

Record run takes S&P 500 to 3100 and Dow to 28,000 The S&P 500 (+0.9%), DJIA (+1.2%), and NAS Comp (+0.8%) set new records this week, with the bulk of this week’s gains coming on Friday after NEC Director Larry Kudlow said a Phase One trade agreement was close to being reached. The small-cap Russell 2000 (-0.2%) […]

Secretary Mnuchin Met Speaker Pelosi Over Border Wall Stalemate

Secretary Mnuchin Met Speaker Pelosi Over Border Wall Stalemate

House Speaker Nancy Pelosi (D-CA),  and Treasury Secretary Mnuchin met Thursday in an effort to come to an agreement over funding for President Donald Trump’s wall for the southern border. Congressional and White House officials have been in a stalemate over $5-B for President Trump’s wall for months and now face a 21 November deadline. […]

US Economy Must Grow Faster Than the Federal Debt, President Trump is Correct

US Economy Must Grow Faster Than the Federal Debt, President Trump is Correct

Fed Chairman Powell likes to avoid any hint of politics in his public statements, but in a non-controversial response to a Question about US government borrowing Wednesday, he weighed in on one of the core issues in the political debate over how to manage the economy. Over the past year in particular, many mainstream economists […]

Commentary: BRICS Summit, China Hopes to Usher in ‘Golden Decade’ for Cooperation

Commentary: BRICS Summit, China Hopes to Usher in ‘Golden Decade’ for Cooperation

The 11th BRICS Summit taking place in Brazil on 13-14 November mission is to to usher in a 2nd “Golden Decade” for more fruitful cooperation of the emerging-market group. The past 10 years since its first summit in Russia are suitably dubbed a “Golden Decade” for BRICS, which was originally made up of Brazil, Russia, […]

Impeachment Probe Does Not Bother President Trump or the Stock Market

Impeachment Probe Does Not Bother President Trump or the Stock Market

$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500, DJIA closed at record highs, again! Public impeachment hearings in Congress about President Trump’s attempts to pressure Ukraine to have scant influence on markets, some analysts said Wednesday. These hearings will be the height of drama inside the beltway, but our sense is that the market impact will […]

Gold Bounced Finishing in the Green

Gold Bounced Finishing in the Green

$XAU, $GLD, $USD Gold prices bounced off session lows and closed in the Green Tuesday, despite a stronger USD. Yields remain edged lower. German data is showing some small signs of improvement. President Trump in a speech before the Economic Club of New York on Tuesday to hammered the Fed, saying that although the stock […]

President Trump Talks Economy and Trade, Market Responds Positively

President Trump Talks Economy and Trade, Market Responds Positively

$DIA, $SPY, $QQQ, $RTUX, $VXX The benchmark S&P 500 stock index posted a slim gainer Tuesday as President Trump said the United States is close to signing an initial trade deal with China and lauded the economy. The S&P 500 and NAS marked all-time highs during trading but stocks ended off session highs with investors […]

President Trump, “We Have Delivered on Our Promises, Exceeding All Expectations” (Video)

President Trump, “We Have Delivered on Our Promises, Exceeding All Expectations” (Video)

$SPY Over 1,350 people attended the lunchtime speech according to the Economic Club of NY spokeswoman. The club’s membership is a who’s who of New York’s financial elite, and its trustees include John Williams, president of the Federal Reserve Bank of New York, and billionaire hedge fund investor John Paulson, 1 of President Trump’s Top […]

Trade is the Key Issue…

Trade is the Key Issue…

The 2 biggest players in the US economy will take the stage this week, as President Trump and Fed Chairman Powell speak amid signs the nation’s trade war with China may be thawing. President Trump will deliver a speech at the Economic Club of New York Tuesday, with investors hoping he sheds light on a […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX Risk is on, sidelined money coming back in and the market is posting record highs almost on a daily basis. The earnings news is providing its share of trading catalysts, but the macro news is mattering more as a market driver because the macro connection with the employment report, earnings […]

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