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 The past 10 years since its first summit in Russia are suitably dubbed a “Golden Decade” for BRICS, which was originally made up of Brazil, Russia, […]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 […]

Commentary: Merkel Needs President Trump to End the Trade Dispute

Commentary: Merkel Needs President Trump to End the Trade Dispute

$VLKAY, $BMWYY, $DDAIF The German economy is at the cusp of recession Now 30 yrs after the fall of the Berlin Wall, and 29 years after Germany was reunified into 1 country, Europe’s strongest economy is facing significant headwinds that risk spilling over into the rest of the EU and the world The closely watched […]

“Nobody I Would Rather Run Against Than ‘Little Mike’ Bloomberg”

“Nobody I Would Rather Run Against Than ‘Little Mike’ Bloomberg”

Friday, President Trump is responded to a possible run by former New York City Mayor Michael Bloomberg for the Democratic Presidential nomination, saying “There is nobody” he would “rather run against.” President Trump responded to news that billionaire Little Mike Bloomberg is opening the door to a 2020 White House bid. President Trump predicted Friday […]

Americans Buy ‘Made in the USA’, Stocks Surge

Americans Buy ‘Made in the USA’, Stocks Surge

$DIA, $SPY, $QQQ, $RUTX, $VXX The DJIA and S&P 500 notched record closing highs again Thursday, as President Trump continues to cheer as the market continues to charge higher into record territory. “Stock Markets (all three) hit another ALL TIME & HISTORIC HIGH yesterday! You are sooo lucky to have me as your President (just kidding!). […]

Beijing, US to Lift Tariffs as Talks Advance

Beijing, US to Lift Tariffs as Talks Advance

Thursday, China and the United States have agreed to cancel in phases the tariffs imposed during their months-long trade dispute, the Chinese commerce ministry said. The interim US-China trade deal is widely expected to include a U.S. pledge to scrap tariffs scheduled for 15 December on about $156-B worth of Chinese imports, including cell phones, […]

“Low interest rates and budget deficit spending will be a boon for the market”

“Low interest rates and budget deficit spending will be a boon for the market”

$DIA, $SPY, $QQQ, $RUTX, $VXX “Efforts to stimulate global economies are boosting equities in a way I have never seen before.”– Paul Tudor Jones Mr. Jones also said Tuesday that next year’s Presidential election “will be more meaningful than any in my lifetime.” Governments and central bankers from Japan to the US are taking steps […]

Signs of Global Economic Stabilization Flashing

Signs of Global Economic Stabilization Flashing

The worst may be over for the world economy’s slowdown. A wave of interest-rate cuts by central banks including the Fed and mounting expectations of a US-China trade deal are buoying confidence in financial markets just as Key economic indicators show signs of stabilization after recent declines. While a robust rebound may not be here […]

US Must Keep ‘Economic Strangle Hold’ on Iran

US Must Keep ‘Economic Strangle Hold’ on Iran

United States must continue to “economically strangle” Iran, but also be prepared to take military action, along with allies in the Middle East and Israel, if its actions continue, former Senator Joe Lieberman said Monday, after Iran’s announcement that it is in violation of the international nuclear deal. “Nothing else will stop them,” Senator Lieberman said Monday […]

President Trump Puts New Sanctions on Iran

President Trump Puts New Sanctions on Iran

Monday, The Trump administration sanctioned members of Iranian supreme leader Ayatollah Ali Khamenei’s inner circle. Separately, the administration is issuing an up to $20-M reward for information about missing former FBI agent Robert Levinson. He disappeared in Iran in Y 2007 but the Iranian government has never acknowledged arresting him. Senior administration officials announced the […]

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. 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 is that it suggests future earnings news may be better than expected. The […]

President Trump Weighs in on BREXIT Impasse

President Trump Weighs in on BREXIT Impasse

Sunday, President Trump urged British Prime Minister Boris Johnson and Brexit Party leader Nigel Farage to come together to safeguard prospects for expanded US-UK trade after Britain leaves the European Union. President Trump told reporters at the White House that both men were friends of his, but Mr. Johnson was “the right man for the […]

US Bull Market Heating Up Again, as YTD Gainer Hits 22%

US Bull Market Heating Up Again, as YTD Gainer Hits 22%

$DIA, $SPY, $QQQ, $RUTX, $VXX NAS Comp +26.4% YTD S&P 500 +22.3% YTD Russell 2000 +17.9% YTD DJIA +17.2% YTD This Bull may be old but it is not tired. A Bull market that traces its lineage to the depths of the financial crisis has marked its 4th straight weekly gainer and pushing its gain […]

More Trump History May Be in the Making

More Trump History May Be in the Making

President Donald Trump may make history once again, as he is on track to become the 1st US President to be impeached for being too successful doing all the right things. Yesterday’s House vote, along party lines, is setting in motion a plan to impeach the President because his record is so strong the Democrats […]

President Trump, “The Fed does not have a clue!” (Update)

President Trump, “The Fed does not have a clue!” (Update)

Fed statement: “the labor market strong and that economic activity rising at a moderate rate, job gains have been solid, on average, the unemployment rate low, household spending strong, business fixed investment and exports weak inflation sans than food & energy below 2% ” President Trump launched a fresh attack on the Fed Tuesday, saying […]

Poll: President Trump’s Base Holding Firm

Poll: President Trump’s Base Holding Firm

In a sign President Trump’s base continues to support him, 40% of voters agree he is the victim of a political “lynching,” according to a new USA Today/Suffolk University poll. Still, 54% of those polled disagree. USA Today noted that while the President’s core supporters do not make up a majority of the electorate, they do give […]

The Raid that Killed ISIS Leader Abu Bakr al-Baghdadi

The Raid that Killed ISIS Leader Abu Bakr al-Baghdadi

For all the attention, invention and investment that the U.S. intelligence community devotes to spy satellites, communications intercepts, and new technologies such as artificial intelligence, the raid that killed ISIS Leader Abu Bakr al-Baghdadi was launched by the same old-fashioned tool that led to Osama bin Laden: human intelligence. After years of trying in vain to get a real-time […]

Paul Ebeling’s DC Commentary: “Investors Ignoring Trump Impeachment ‘Noise'”

Paul Ebeling’s DC Commentary: “Investors Ignoring Trump Impeachment ‘Noise

$USD, $DIA, $SPY, $QQQ, $RUTX, $VXX The US Dem House’s impeachment focus is not even a distraction to the financial market, as nothing will or can come of it, as in the world of geopolitics something big happened at the weekend. Sunday, President Trump announced that Abu Bakr al-Baghdadi, the leader of the so-called Islamic […]

President Trump, “The ISIS Leader Died ‘Whimpering, Crying and Screaming'” (Video)

President Trump, “The ISIS Leader Died ‘Whimpering, Crying and Screaming

Sunday, President Trump announced that ISIS leader Abu Bakr al-Baghdadi died during an overnight raid led by US military forces in Syria, a major victory. President Trump said the world’s most wanted terrorist died “whimpering and crying and screaming.” No US personnel were lost in the operation, however “many” of al-Baghdadi’s fighters or companions were […]

President Trump has No Concern about Impeachment Witnesses, WP Story ‘Phony’

President Trump has No Concern about Impeachment Witnesses, WP Story ‘Phony’

Saturday, President Trump admonished the Washington Post for a “phony” story that reports he is irked and worried amid Democrats’ impeachment inquiry. In a Tweet, President Trump put down the Friday article reporting that he is frustrated witnesses are coming forward to testify  before the House. “The Fake Washington Post keeps doing phony stories, with zero sources, that […]

President Trump, “Here is the Thing, I am the Team”

President Trump, “Here is the Thing, I am the Team”

Friday, President Trump waved off the need for any extra help in countering House Democrats’ impeachment efforts, declaring “I’m the team.” The remarks outside the White House before leaving for an event in South Carolina recalled Donald Trump’s 2016 declaration while accepting the GOP Presidential nomination that “I alone can fix it.” “Here’s the thing. I do […]

“No and No” to President Trump’s Impeachable Offenses

“No and No” to President Trump’s Impeachable Offenses

Alan Dershowitz, Harvard Law professor emeritus, accused those seeking to impeach President Trump of engaging in an “Alice in Wonderland process.” He made his comments in a column posted Thursday on the Gatestone Institute’s website. “The goal of the impeach-at-any-cost cadre has always been the same: impeach and remove Trump, regardless of whether or not he […]

Gold Retakes Key $1,500 oz Mark

Gold Retakes Key $1,500 oz Mark

$XAU, $XAG, $GLD, $SLV, $USD Gold prices climbed above the Key $1,500 mark Thursday to mark their highest finish in about two weeks, as a monthly drop in U.S. durable goods orders buoyed haven appeal for the metal. The dismal durable goods number is helping boost gold prices as recession fears are again on the […]

Dems Push for President Trump’s Impeachment is Illegitimate

Dems Push for President Trump’s Impeachment is Illegitimate

No US President has ever been removed from office via impeachment. Congressional Republicans pressed efforts to discredit the Democratic-led impeachment inquiry against President Trump Thursday with plans for a Senate resolution calling it illegitimate, while the White House lauded lawmakers in his party who stormed into a high-security room and interrupted testimony. The House is […]

There is No Substance for the Impeachment of President Trump

There is No Substance for the Impeachment of President Trump

There is “no substance” to Democrats’ allegations Vs President Trump, and their closed-door hearings are being held “with a predetermined outcome,” House Freedom Caucus Chairman Andy Biggs said Thursday while explaining why GOP lawmakers decided to push their way into a closed-door hearing. “What we felt was so important is to elevate the conversation for […]

Impeachment is All About Stopping ‘The Trump Economy’

Impeachment is All About Stopping ‘The Trump Economy’

The Pelosi/Schiff House led impeachment investigation Vs President Donald Trump is all about the collapsing the economy. “This economy is the best economy in 30 years,” Christopher Ruddy said in a TV interview Thursday, referencing the insights of Yale economist Robert Shiller. “He is not known for being a Republican,” Mr. Ruddy said. “An incredible […]

Some Perspective on “The Trump Lynching”

Some Perspective on “The Trump Lynching”

Deputy Press Secretary Hogan Gidley Tuesday defended President Trump’s use of the word “lynching” in a Tweet to describe the impeachment inquiry Vs him that when he talks about how the media and Democrats have been treating him since the day he announced his candidacy. “The day he was elected, before being sworn into office they were already […]

China Trade Talks on Target for Deal in November

China Trade Talks on Target for Deal in November

$SPY Equity indices in the Asia-Pacific region ended Tuesday on a higher note. Japan’s Nikkei Closed, Hong Kong’s Hang Seng +0.2%, China’s Shanghai Composite +0.5%, India’s Sensex -0.9%, SKorea’s Kospi +1.2%, Australia’s ASX All Ordinaries +0.3%. S&P 500 futures are up Tuesday, suggesting there is pace for the underlying gauge to extend gainers after it […]

Media’s Efforts to Impeach President Trump Exposed

Media’s Efforts to Impeach President Trump Exposed

Monday, Christopher Ruddy declared that the House impeachment probe against President Trump is a political “media effort to get the President without any evidence of a crime” that is backed by flawed polling and despite other surveys showing strong support for the President. “This has been a plan and a strategy for the Democrats from […]

President Trump has China “Where He Wants Them on Trade” + Closing Market Summary

President Trump has China “Where He Wants Them on Trade” + Closing Market Summary

$DIA, $SPY, $QQQ, $RUTX, $VXX Stock market guru, Jim Cramer said President Trump has the upper hand in the China trade distpute because tariffs are hurting the Chinese economy way more than the US economy. “Hate him or like him, he has them where he wants them,”  Mr. Cramer said on TV Friday. “I always […]

Hunter Biden Resigns Chinese Board

Hunter Biden Resigns Chinese Board

“Whatever happened to Hunter? Where the hell is he?” President Trump asked his rally crowd. “Let’s do another T-shirt. Where’s Hunter?” Soon after the rally, President Trump’s 2020 campaign website started selling $25 T-shirts emblazoned with “Where’s Hunter?” Forcing him out of his low-profile stance on the brewing China-Ukraine scandal. President Trump has called on […]

Chinese Government Investing to Keep Private Businesses Alive

Chinese Government Investing to Keep Private Businesses Alive

The Chinese government is buying stakes in private companies to keep them afloat amid economic troubles in the country, the WS-J reports. The government has taken steps in the past few decades to move from state-owned businesses to private enterprises, since their public-sector companies tended to lag behind private firms in terms of efficiency and innovation. […]

President Trump Was Framed by the Democrats

President Trump Was Framed by the Democrats

President Donald Trump’s personal attorney Rudy Giuliani said his work with the Ukraine was not about finding dirt on former Vice President Joe Biden, but investigating Ukraine-Hillary Clinton collusion in the Y 2016 Presidential election and “proving Donald Trump was framed by the Democrats.” “I am defending my client the best way I know how,” Mr. […]

“I’m actually a lot nicer than most people think!”–President Trump

“I’m actually a lot nicer than most people think!”–President Trump

Friday, President Trump’s re-election campaign and the Republican National Committee (RNC) announced that they are spending a combined $10-M on ads attacking Joe Biden over Ukraine and the House Democrats for beginning an impeachment inquiry of the President. One e-Mail mailing that went out Saturday referred to the “phone call from hell” — a reference […]

President Trump Could Delist Chinese Companies From US Markets

President Trump Could Delist Chinese Companies From US Markets

$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, US financial markets suffered a trade-related happening on concern The Trump Administration may move to limit US investment in China, a move sure to raise tensions. The S&P 500 turned lower after it was reported that officials are discussing ways to restrict portfolio flows into the world’s 2nd-largest economy. […]

President Trump Denounced Iran’s “blood lust”

President Trump Denounced Iran’s “blood lust”

Tuesday, President Trump denounced Iran’s “blood lust” and called on other nations to join the United States to pressure Iran after attacks on Saudi Crude Oil production facilities, but said there is a path to peace. “America knows that while anyone can make war, only the most courageous can choose peace,” President Trump said Tuesday […]

President Trump and Australia’s PM Scott Morrison Open Plant in Ohio

President Trump and Australia’s PM Scott Morrison Open Plant in Ohio

Sunday, President Donald Trump’s run-up to the UN General Assembly was a visit to 2 Key political states, Texas and Ohio, with 2 world leaders at very successful events. Sunday, in Wapakoneta, Ohio, President Trump and Australian PM Scott Morrison visited a recycled paper factory being opened by Anthony Pratt, an Australian businessman who is […]

“Howdy Modi” Rally in Texas a Huge Success

“Howdy Modi” Rally in Texas a Huge Success

Sunday, President Trump and Indian Prime Minister Narendra Modi shared a stage and showered each other with praise at a “Howdy, Modi!” rally attended by upward of 50,000 people, a rare mass showing for a foreign leader on American soil. President Trump called the huge gathering a “profoundly historic event,” was greeted with a standing […]

President Trump Has “Muscled” the Stock Market Away from the Fed

President Trump Has “Muscled” the Stock Market Away from the Fed

$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX This week the Fed cut interest rates for the 2nd time since the Great Recession, and found its hands full with another event with potentially catastrophic implications for the economy. In short, liquidity in the repo markets, a critical cog in the financial system machine seized Tuesday. In response, […]

China’s is in a ‘Vice’,Tariffs May Go to 50 – 100% if it Does Not Align with US Trade Policy

China’s is in a ‘Vice’,Tariffs May Go to 50 – 100% if it Does Not Align with US Trade Policy

President Trump is resday to significantly ramp up pressure on China if a trade deal is not agreed to soon, according to an outside adviser to the White House who called tariffs so far “low level.” In an interview in Hong Kong Thursday with the South China Morning Post, Michael Pillsbury said President Trump has been “remarkably restrained […]

China Facing “Real” Problems, Trade Uncertainty Abound

China Facing “Real” Problems, Trade Uncertainty Abound

Thursday, US Commerce Secretary Wilbur Ross said that trade uncertainty issues are giving China “real” structural problems, as the nation’s supply chains are starting to “hollow out.” “China is no longer really the cheapest place in the world to manufacture,” Secretary Ross said in a TV interview, adding the US does not know what China wants […]

“There Are Many Options Short of War With Iran After Attack on Saudi Arabia”

“There Are Many Options Short of War With Iran After Attack on Saudi Arabia”

$OIL Wednesday, President Trump said Wednesday there were many options short of war with Iran after US ally Saudi Arabia displayed remnants of drones and missiles it said were used in a crippling attack on its oil sites that was “unquestionably sponsored” by Tehran. “There are many options. There’s the ultimate option and there are […]

President Trump Hammers Fed’s Powell, “No Guts, No Sense, No Vision!”

President Trump Hammers Fed’s Powell, “No Guts, No Sense, No Vision!”

$DIA, $QQQ, $SPY, RUTX, $VXX President Trump Tweeted: “Fed, Powell ‘Fail Again’”After FOMC Rate Cut The Fed cut interest rates for the 2nd time since July, and it was not enough for President Trump. President Trump assailed policy makers just mins after their decision Wednesday to cut the benchmark interest rate by 25 bts. “Jay […]

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 […]

Wall Street Nears Record Highs Ahead of FOMC Policy Announcement

Wall Street Nears Record Highs Ahead of FOMC Policy Announcement

$DIA, $SPY, $QQQ, $RUTX, $$USO, $XAU, $GLD, $VXX S&P 500 closed higher in front of FOMC interest rate decision Wednesday 9 of the 11 S&P 500 sectors finished higher, led by the real estate (+1.4%), utilities (+0.9%), and materials (+0.7%) sectors. The energy (-1.5%) and industrials (-0.04%) sectors were the sectors to finish in the […]

Majority of Business Leaders Say President Trump Will Win in 2020

Majority of Business Leaders Say President Trump Will Win in 2020

More than 67% of North American CFOs (chief financial officers) surveyed by CNBC say President Trump will be re-elected in Y 2020. About a 25% believe former Vice President Joe Biden will win. This is the 1st time the CNBC Global CFO Council survey has asked executives about the upcoming elections. The survey also showed that a majority […]

The Market is Asking, “How low can the Fed go”?

The Market is Asking, “How low can the Fed go”?

$DIA, $SPY, $QQQ, $RUTX, $VXX With US-China trade tensions having roiled financial markets, investors are counting on support for stocks coming from a Fed willing to keep cutting interest rates to help the US economy avoid a severe downturn. A 1/4th pt rate reduction is expected when the FOMC issues its next policy statement this […]

President Trump is Reshaping the American Judiciary

President Trump is Reshaping the American Judiciary

The Senate confirmed President Trump’s 150th judicial nominee this week, bringing the total to 152, including 2 Supreme Court justices, a milestone lauded by Trump himself Friday. “Historic Milestone indeed!” President Trump said on Twitter, referencing a report from The Washington Examiner . The 150 milestone was reached Wednesday, said Senate Judiciary Committee Chairman Lindsey Graham (R-SC). “I’m […]

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 […]

Gold Remarks $1,500 Ahead of Key ECB and FOMC Meeting

Gold Remarks $1,500 Ahead of Key ECB and FOMC Meeting

$XAU, $GLD Gold steady ahead of ECB meeting Thursday and FOMC meeting next week Gold futures remarked Key $1,500 oz Wednesday, as traders weighed President Trump’s latest Tweet calling for the Fed to cut interest rates down to Zero, ahead of the FOMC’s meeting next week. Prices for the precious Yellow metal traded between modest […]

Commemorating the 18th anni of 9/11

Commemorating the 18th anni of 9/11

Americans are commemorating 9/11 with mournful ceremonies, volunteering, appeals to “never forget” and rising attention to the terror attacks’ extended toll on responders. The commemoration of the 18th anni of the September 11 terror attacks will begin at the World Trade Center in New York with a moment of silence and tolling bells. Victims’ relatives, […]

President Trump May Meet Iran’s Rouhani at UN With “No Preconditions”

President Trump May Meet Iran’s Rouhani at UN With “No Preconditions”

Tuesday, Secretary of State Mike Pompeo said that President Trump may meet with Iranian President Hassan Rouhani at the upcoming United Nations meeting, with “no preconditions.” Secretary Pompeo made the comments at a press briefing to unveil new sanctions on groups including Iran’s Islamic Revolutionary Guard Corps. An official familiar with the disagreements between President […]

National Security Hawk John Bolton ‘Sacked’

National Security Hawk John Bolton ‘Sacked’

Tuesday, President Trump sacked John Bolton, his hawkish national security adviser with whom he had significant disagreements on Iran, Afghanistan and a number of other global challenges. “I informed John Bolton last night that his services are no longer needed at the White House. I disagreed strongly with many of his suggestions, as did others […]

President Trump Will Sanction Whoever Buys Iran’s Crude Oil

President Trump Will Sanction Whoever Buys Iran’s Crude Oil

The Trump Administration will continue to impose sanctions on whoever purchases Iran’s Crude Oil or conducts business with Iran’s Revolutionary Guards and no Crude Oil waivers will be re-issued. “We will continue to put pressure on Iran and as President (Trump) said there will be no waivers of any kind for Iran’s oil,” said Sigal […]

President Trump Canceled Peace Talks with Taliban Over Attack

President Trump Canceled Peace Talks with Taliban Over Attack

Saturday evening, President Trump said he canceled peace talks with Afghanistan’s Taliban leaders after the insurgent group said it was behind an attack in Kabul that killed an American soldier and 11 other people. President Trump said he planned a secret meeting with the Taliban’s “major leaders” Sunday at the Presidential compound in Camp David, Maryland. […]

The US Labor Market is Booming, Economic Expansion Longest on Record

The US Labor Market is Booming, Economic Expansion Longest on Record

This tight US labor market is manifesting a booming demand in industries with an abundance of female workers is drawing more women back into the workforce, helping to shrink the longstanding gap in the labor participation rate between men and women to the narrowest on record a report showed Friday. Other parts of a report […]

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, […]

General Motors’ (NYSE:GM) Barra Says Meeting with President Trump was “productive and valuable”

General Motors’ (NYSE:GM) Barra Says Meeting with President Trump was “productive and valuable”

$GM General Motors (NYSE:GM) Chairman/CEO Mary Barra said her face-to-face session with President Trump Thursday was “productive and valuable, declining specifics. The head of the largest US automaker met with President Trump after he stepped up attacks on the Detroit automaker. He has been hammering GM for much of the last year after the company […]

On Winning the ‘Trade War’ with China

On Winning the ‘Trade War’ with China

According to The Trump Administration, America is winning the trade war with China. However, the Middle Kingdom’s economic machine may be slowing, but President Xi Jinping is unlikely to sue for peace anytime soon, at least not on terms acceptable to American interests. China’s economic system is antithetical to American democratic capitalism. Its buccaneer commercial policies flaunt the […]

President Trump, “Dow Would Be 10,000 Pts Higher Without Trade War”

President Trump, “Dow Would Be 10,000 Pts Higher Without Trade War”

$DIA Wednesday, President Trump said his trade war with China has hurt the performance of the US stock market, but that he had to confront the country’s economic practices. “Let me tell you, if I wanted to do nothing with China, our stock market, our stock market would be 10,000 points higher than it is […]

1 2 3 21