The Fed Made a Mistake Hiking Rates in December, and Has Admitted It

The Fed Made a Mistake Hiking Rates in December, and Has Admitted It

Club for Growth founder and former-Trump campaign adviser Stephen Moore says his harsh criticism of the Fed for raising interest rates was ‘spot-on’. In an in interview Monday with The Wall Street Journal, Mr. Moore, President Trump’s pick for a Federal Reserve Board seat, said the central banks’ recent policy pivot proves he was right. Mr. Moore had […]

President Trump Warns Big Oil Not to Vote for Democrats

President Trump Warns Big Oil Not to Vote for Democrats

$USO, $OIL, $BP White House economic adviser Larry Kudlow said President Trump recently warned Big Oil officials that they had better hope he wins re-election as the Democrats wage a war against fossil fuels. Mr. Kudlow said that the exchange came as President Trump recently held a closed-door meeting with top business executives at the […]

Decree Recognizing Israeli Sovereignty over Golan Heights Signed by President Trump

Decree Recognizing Israeli Sovereignty over Golan Heights Signed by President Trump

Monday, President Trump signed a proclamation at the start of a meeting with Israeli Prime Minister Benjamin Netanyahu saying the United States recognizes Israeli sovereignty over the Golan Heights, territory that Israel seized from Syria in the 1967 Middle East war. The proclomation formalized President Trump’s statement on 21 March saying it was time for […]

Russia Probe Architects Guilty of Treasonous & Evil Acts

Russia Probe Architects Guilty of Treasonous & Evil Acts

FLASH: “We can never let this happen to another President again.” Early Monday the gloves came off as President Trump lashed out at The Swamp enemies, accusing them of evil actions and treason, a day after our Attorney General released a summary of Special Counsel Robert Mueller’s findings clearing the president’s campaign of conspiring with […]

Mueller Report: “No Collusion”, MSM in Flames

Mueller Report: “No Collusion”, MSM in Flames

Sunday, USAG Bill Barr released a summary of Special Counsel Robert Mueller’s report on alleged collusion between the 2016 Trump presidential campaign and the Russian government. The long and the short of it: there was none. Here’s the full text of Barr’s letter (via Legal Insurrection). At the Bottom line: “The Special Counsel’s investigation did not find that […]

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 […]

Bernie Sanders is endorsed by the Democratic Socialists of America

Bernie Sanders is endorsed by the Democratic Socialists of America

FLASH: Joe Biden Makes Deal With Terry McAuliffe on Robert ‘Beto’ O’Rourke to Stop Bernie Sanders The Democratic Socialists of America is officially supporting Senator Bernie Sanders (I-VT), for President. The group, which says it is the “largest and fastest growing socialist organization in the US,” made the announcement in a Tweet late Thursday night. […]

Update: US Withdrawing Earlier NKorea-Related Sanctions

Update: US Withdrawing Earlier NKorea-Related Sanctions

President Trump Friday did not yet reverse NKorea-related sanctions on 2 Chinese shipping companies, a Trump Administration source familiar with the matter said. The source was responding to queries about a tweet sent by Trump earlier in the day that said he had ordered the withdrawal of sanctions announced by the Treasury Department, a statement […]

AOC’s Green New Deal Too Extreme

AOC’s Green New Deal Too Extreme

$SPWR FLASH: Do not expect the renewable energy firms to endorse AOC socialist Green New Deal US solar and wind power companies may have the most to gain from the Green New Deal, an ambitious proposal backed by several Democratic Presidential candidates to end U.S. fossil fuel consumption within a decade. But do not expect […]

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 […]

President Trump, “Let the People see Mueller’s Russia Probe Report

President Trump, “Let the People see Mueller’s Russia Probe Report

President Trump said Wednesday he does not mind if the public is allowed to see the report that Special Counsel Robert Mueller is preparing about his investigation of Russian meddling in the 2016 Presidential Election and any possible links to the Trump campaign. “Let it come out,” President Trump told reporters at the White House […]

The Ethiopian Jet’s Crash, What is Known, What is Next

The Ethiopian Jet’s Crash, What is Known, What is Next

$BA FLASH: Investigators looking to uncover the causes must answer 1 of the biggest Qs: Was the plane’s software to blame? WHAT WE KNOW – Europe and Canada said they would independently certify the safety of the jets, further complicating plans to get the aircraft flying. – Boeing has stopped delivery of all new MAX […]

President Trump’s Tariff Strategy Working…

President Trump’s Tariff Strategy Working…

$JPM JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon mow admits that President Trump’s strategy of imposing economic tariffs may just be paying off. “As a negotiating strategy, it might’ve worked,” Mr. Dimon said on TV. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of […]

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’s Tax Policy a Key Economic Driver

President Trump’s Tax Policy  a Key Economic Driver

$USD White House economic adviser Larry Kudlow rejects criticism that the US economy is only growing because of a “sugar high” from The Trump Administration’s tax reform. He predicted that President Trump’s “pro-growth policies on taxes and regulation” will continue to stoke growth far into the future. Some economists contended that the economy is losing […]

Majority See Mueller Probe as a ‘Witch Hunt’

Majority See Mueller Probe as a ‘Witch Hunt’

Over a 50% of American voters agree with President Trump’s long-shared condemnation of special counsel Robert Mueller’s investigation as a political witch hunt, according to the latest USA Today/Suffolk University Poll on Monday. A total of 503 registered voters among 1,000 polled (50.3%) replied “Yes” to the survey question: “President Trump has called the special counsel’s investigation a […]

Really Good US-China Trade Deal Will See Stocks Soar

Really Good US-China Trade Deal Will See Stocks Soar

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: President Trump said the US will probably know, 1 way or another, in “the next 3 or 4 weeks” about a possible trade deal with China, as S&P 500 marked a fresh closing high Friday. “If that gets done, it will be something that people will be talking about […]

US-China Trade Talks Progressing Quickly

US-China Trade Talks Progressing Quickly

FLASH: Talks of Summit flourish in Washington and Beijing President Trump and Treasury Secretary Steven Mnuchin said on Thursday that discussions with China to end a months-long trade dispute are progressing quickly. Washington and Beijing have been locked in a tariff battle as US officials press China for an end to practices and policies it […]

‘BREXTENDED’ Voted in UK Parliament

‘BREXTENDED’ Voted in UK Parliament

FLASH: UK Parliament voted Thursday to seek a delay of the country’s departure from the European Union, a move that will likely avert a chaotic withdrawal on the scheduled exit date of March 29. With Brexit due in 15 days and no divorce deal yet approved, the House of Commons voted 412-202 to ask the […]

President Trump on BREXIT, “I’m Surprised at How Badly it Has All Gone

President Trump on BREXIT, “I’m Surprised at How Badly it Has All Gone

FLASH: President Trump says his administration “looks forward to negotiating a large scale Trade Deal with the United Kingdom” as the country continues to try to hash out its departure from the European Union. Thursday, President Trump said that he is “surprised at how badly” negotiations have gone between the United Kingdom and the European […]

Stocks Climb, Atlanta Fed Raises US GDP Forecast

Stocks Climb, Atlanta Fed Raises US GDP Forecast

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 Breaks Above 2800, and President Trump Grounds Boeing’s 737 Max 8 Aircraft S&P 500 broke above the 2800 mark, and all 11 sectors finished in the Green Weakening USD was an area of support for the broader market and the earnings prospects for multinational companies President Trump […]

President Trump Blasts Another ‘Fake News’ Conspiracy Theory

President Trump Blasts Another ‘Fake News’ Conspiracy Theory

President Trump accused “the fake news” of photo-shopping images of First Lady Melania Trump and pushing conspiracy theories it was not her by his side while touring tornado-ravaged Alabama. His comments came in a Wednesday Tweet: “The Fake News photoshopped pictures of Melania, then propelled conspiracy theories that it’s actually not her by my side in […]

President Trump Grounds Boeing 737 Max 8 Airliners

President Trump Grounds Boeing 737 Max 8 Airliners

$BA FLASH: Boeing’s (NYSE:BA) 737 Max fleet to be grounded effective immediately until further notice. The FAA is expected to announce further details soon. President Donald has issued an emergency order grounding all Boeing 737 Max 8 and Max 9 aircraft in the wake of a crash of an Ethiopian Airliner that killed 157 people. […]

“We Do Not Have Any Illusions on NKorea”

“We Do Not Have Any Illusions on NKorea”

FLASH: Reports from commercial satellite images reveal that NKorea is rebuilding nuclear weapons testing site. President Trump’s NSA John Bolton knows the score, knows the mistakes of prior administrations with NKorea, is working to make real progress, and finally, the leverage is on our side right now. “The President has been very clear he is […]

“Great Progress in China Trade Talks” Happening

“Great Progress in China Trade Talks” Happening

FLASH: President Trump Tweeted Sunday: The media is “hostile and corrupt” because it is failing to recognize the accomplishments of his Administration. President Trump’s Top economic adviser Larry Kudlow said Sunday trade negotiations between the United States and China are making “great progress.” In a TV interview Sunday, Mr Kudlow, the director of the National […]

Fear of Recession Looms in China

Fear of Recession Looms in China

FLASH: President Trump’s tariffs slows China growth engine China’s exports fell the most in 3 years in February, while imports fell for a 3rd month running, pointing to a further slowdown in the economy and a trade recession despite a PBoC”s support measures. The shockingly weak readings from the world’s largest trading nation added to […]

Investors Want a Weaker USD, They Must be Patient for the ‘Buck’ to Weaken

Investors Want a Weaker USD, They Must be Patient for the ‘Buck’ to Weaken

$USD The Fed’s Beige Book was released Wednesday showing the US economy continues to be performing strongly. Manufacturing was stronger, employment remains strong across the economy, but bad weather and bad politics have taken their toll. On the latter, 50% of the reporting areas said that the government partial shutdown had been hurting local growth. […]

President Trump Will “Financially Strangle the Cuban Regime”

President Trump Will “Financially Strangle the Cuban Regime”

President Trump’s administration is working on a plan to “financially strangle the Cuban regime” for supporting Venezuelan President Nicolas Maduro. “We are fully willing to keep it up financially,” said a senior Trump Administration official when asked how the United States plans to pressure Cuba. “They are going to have to reconsider.” The Trump Administration […]

Fed Engineered Market Correction Stripped Nearly $4-T from American’s Household Wealth

Fed Engineered Market Correction Stripped Nearly $4-T from American’s Household Wealth

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: This Bull Market is about to have its 10th Birthday! US household wealth fell 3.5% into the close of Y 2018 on the back of a Fed engineered stock market correction in Q-4 that threatened to weaken a near 10 year recovery. In its Quarterly Flow of Funds report, the […]

President Trump, “All or nothing at all!”

President Trump, “All or nothing at all!”

FLASH: Trade talks with China could collapse if a deal cannot be reached on enforcement of these “structural” issues. President Trump said on Wednesday that trade talks with China were moving along well and predicted either a “good deal” or no deal between the world’s 2 largest economies. Washington and Beijing have been in intense […]

“US ‘Deservedly’ Optimistic of China Trade Deal”

“US ‘Deservedly’ Optimistic of China Trade Deal”

Wednesday, White House economic adviser Larry Kudlow says there’s “hope” that President Trump and Chinese President Xi will meet soon to finalize an agreement officials are optimistic a trade deal will be forged soon. “I don’t want to go into a timeline. There is hope that perhaps by the end of this month or early […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Down, Crude Oil UP, Stocks Up Notes: The WS-J reported Sunday Washington could lift most or all of its tariffs on Beijing while Presidents Trump and Xi ready to sign a final trade deal later this month and Summit at Mar a Lago. In Asia Gold: Gold edged up Monday, after falling […]

NBC/WSJ Poll: Voters Do Not Want Socialist or a Very Old President

NBC/WSJ Poll: Voters Do Not Want Socialist or a Very Old President

FLASH: That eliminates Bernie Sanders and Joe Biden Americans are least favorable toward a Presidential candidate who is a socialist or older than 75, according to an NBC/Wall Street Journal poll that said President Donald Trump’s approval rating ticked up in the past month. Only 25% of respondents ranked “socialist” as a desirable trait for […]

Robot Traders Need Clarity, They Cannot Keep Up With President Trump

Robot Traders Need Clarity, They Cannot Keep Up With President Trump

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: “Machines are only as smart as their human programmers” Hedge fund investors learned that the hard way last year when data-crunching computers that invest $220-B based on historical price trends did worse than most human managers. The losses were so bad that investors pulled billions of dollars out of […]

China Welcomes Delay of US Tariff Hikes

China Welcomes Delay of US Tariff Hikes

FLASH: The US Trade Representative’s office delayed a scheduled hike in tariffs on Chinese goods from 10 to 25% Friday, ahead of the official publication notice this coming Tuesday. Saturday, China said that it welcomed the release of language from the United State Trade Representative’s office (USTR) delaying a scheduled hike in US tariffs on $200-B worth of Chinese goods. In a […]

Trump Administration: The Future of Post-BREXIT UK-US Trade

Trump Administration: The Future of Post-BREXIT UK-US Trade

FLASH: Calling for “fair, balanced, and reciprocal trade with the UK” and “state of the art rules” to achieve it, the US Trade Representative has published an 18-page document of negotiating objectives for the forthcoming UK-U.S. trade deal both nations hope to strike if Britain finally leaves the EU. The new document, from President Trump’s Trade […]

Vast Majority of American Voters Favor ‘America First’

Vast Majority of American Voters Favor ‘America First’

FLASH: Harvard/Harris Poll: 3-in-4 Voters Favor ‘America First’ on Immigration, Trade, and Trump Foreign Policy About 3-in-4 American voters favor a populist-nationalist “America First” legal immigration, trade, and foreign policy platform from candidates running for office that prioritizes protecting the way of life and economic security of United States citizens above all else. The latest Harvard/Harris Poll finds […]

President Trump Makes it Clear, He Could Walk Away from the China Trade Deal if it is Not Right

President Trump Makes it Clear, He Could Walk Away from the China Trade Deal if it is Not Right

FLASH: “I am always prepared to walk!” President Trump Thursday warned he could walk away from a trade deal with China if it were not good enough, even as his economic advisers touted “fantastic” progress towards an agreement to end a dispute with the Asian country. The United States has imposed tariffs on hundreds of […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Up, Crude Oil Down, Stocks Down Notes: President Trump wrapped up in Hanoi for 2nd Summit with Chairman Kim, President Trump and Secretary of State Mike Pompeo are optimistic on the progress mate. US and China have a deal in the works.President Trump extends deadline and sets up Summit with President Xi  at Mar a Lago. In Asia Gold: Gold prices Thursday held near 2-week lows touched in the prior […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Soft, Crude Oil Up, Stocks Higher Notes: Market focus on Fed Chairman Powell’s testimony in front of the House of representatives Wednesday. Will be the same as to the Senate. The Fed’s policy statements grew so complicated after the Great Recession that standard gauges of readability suggested people needed 4 years of university […]

President Trump’s Personal Relationship with Chairman Kim Driving Unprecedented Diplomacy

President Trump’s Personal Relationship with Chairman Kim Driving Unprecedented Diplomacy

FLASH: President Trump said he is fully committed to his personal diplomacy with Chairman Kim. US President Trump and NKorean leader Kim Jong Un meet Wednesday for their 2nd Summit, betting that their personal relationship can break a stalemate over the North’s nuclear weapons and end more than 70 years of hostility. Despite little know […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Lower, USD Flat, Crude Oil Lower, Stocks Lower Notes: Market focus on Fed Chairman Powell’s testimony in front of Congress US and China have a deal in the works. President Trump pushes deadline and sets up Summit with President Xi  at Mar a Lago. President Trump in Hanoi for 2nd NKorean Summit with Chairman Kim. In Asia Gold: Gold seeing profit taking in here. Spot gold lost 0.1% to $1,326.36 oz US gold […]

Stocks Gain on Hopes of China Trade Dispute Resolution

Stocks Gain on Hopes of China Trade Dispute Resolution

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 advanced as much as 0.8% Monday after President Trump said he will extend the 1 March trade deadline, as negotiations with China have progressed favorably.  The benchmark index retreated throughout the session as it tapped up against some mild overhead resistance, but finishing higher by 0.1% above […]

President Trump Wants His Lawyers to Stay with After Mueller Report

President Trump Wants His Lawyers to Stay with After Mueller Report

President Trump has indicated to his outside legal team that his lawyers should plan to stay on after special counsel Robert Mueller submits his report. President Trump reportedly told his lawyers Rudy Giuliani and Jay Sekulow that his legal team should plan on sticking around after SC Robert Mueller finishes his investigation. President Trump has […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Steady, Crude Oil Lower, Stocks Higher Notes: US and China have a deal in the works. President Trump pushes deadline and sets up Summit with President Xi  at Mar a Lago. President Trump on the way to Hanoi for 2nd NKorean Summit with Chairman Kim. In Asia Gold: Gold prices rose Monday as USD fell Vs the RMB Yuan after President Trump said he would delay an increase […]

US-China Close to Resolving Trade Dispute, President Trump Pushes Deadline

US-China Close to Resolving Trade Dispute, President Trump Pushes Deadline

$SOY, $USD, $CNY FLASH: “…productive talks, I will be delaying the US increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for US & China!” The US and Chinese […]

‘Tyrant’ Maduro’s Days in Venezuela ‘Are Numbered’

‘Tyrant’ Maduro’s Days in Venezuela ‘Are Numbered’

FLASH: Interim President Juan Guaido refrained from asking supporters to continue risking their lives trying to break through the government’s barricades at the Colombian and Brazilian borders. He will meet US VP Mike Pence Monday in Bogota at an emergency meeting of mostly conservative Latin American governments to discuss Venezuela’s crisis.  President Guaido says he […]

Trump Policy: Overhaul the Fed!

Trump Policy: Overhaul the Fed!

When the Fed’s FOMC policymakers met last month and put it 3-year rate-hike campaign on hold and backed ending a yearlong push to shrink their $4-T balance sheet, that was draining the liquidity out of the system and shrinking the wealth of American house holds by the trillions of dollars, they cited increased risks to […]

President Trump’s Economy ‘a Shy of’ 3% Growth Goal

President Trump’s Economy ‘a Shy of’ 3% Growth Goal

Friday, the Fed said, that The Trump Administration will fall “a little under” its target of 3% annual GDP for Y 2018, the report offers an economic scorecard of sorts for the 1st full year of President Trump’s term. Growth for the year was “solid,” the Fed report said, as GDP “rose a little bit under 3% for the […]

The Riddle of Climate Change

The Riddle of Climate Change

By Linda Goudsmit The Riddle: What climate does climate change change? The Answer: The political climate of course. Let me explain. Pollution and climate change are two separate issues. Environmental pollution is a man-made problem that humans can and should remedy. Taking responsibility for our behavior is a necessary part of civilized life and eliminating […]

Americans’ Economic Approval at 18-Yr Highs

Americans’ Economic Approval at 18-Yr Highs

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: 9 of the 11 S&P 500 sectors finished higher with information technology (+1.3%), communication services (+1.1%), and healthcare (+0.9%) leading the advance. On the other hand, the financials (-0.2%) and consumer staples (-0.3%) sectors finished in the Red. Today, Americans’ views of the US economy and optimism about its […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Steady, Crude Oil Lower, Stocks Dip Notes: Trade talks dominate headlines, the US and China have a deal in the works, as President Trump meeting China’s chief negotiator Vice Premier Liu Friday in Washington, DC. Growth in China’s new home prices fell to a 9-month low in January as broader economic weakness increasingly weighs […]

NKorea Investment Boom: “The Steel Horse Wants to Run”

NKorea Investment Boom: “The Steel Horse Wants to Run”

At SKorea’s northernmost train station, the tracks stop abruptly ahead of the demilitarized zone that marks the NKorean border. A sign reads: “The steel horse wants to run.” That may soon become a reality as US President Trump and NKorea’s Chairman Kim Jong Un prepare for a @nd summit next week in Vietnam. The outcome […]

President Trump to Meet With China’s Chief Trade Negotiator

President Trump to Meet With China’s Chief Trade Negotiator

$SOY, $CORN, $WEAT, $CNY President Trump plans to meet with China’s Top trade negotiator Friday afternoon as the US forges a preliminary deal before tariffs on some Chinese imports more than 2X next month. The meeting with Chinese Vice Premier Liu would cap the latest round of talks in Washington, with Trade Representative Robert Lighthizer […]

The Odds Are: Donald Trump Favorite to Win 2020 Race

The Odds Are: Donald Trump Favorite to Win 2020 Race

FLASH: Donald J. Trump 3-2 Favorite to win in 2020 President Donald Trump is a 3-2 favorite to win the 2020 Presidential election, with his odds unchanged following Senator Bernie Sanders’ (I:VT) official bid announcement, says sportsbook brand manager Dave Mason of BetOnline.ag. “There were no changes to Sanders’ odds following the announcement,” Mr. Mason said. […]

President Trump: “Back Maduro Risk Losing Everything”

President Trump: “Back Maduro Risk Losing Everything”

Monday, President Trump signaled that socialism is on its way out and a “new day” is being ushered in for Venezuela and other Latin American countries. President Trump and First Lady Melania Trump addressed Venezuelans at Florida International University in Miami and discussed the growing crisis in the South American country. “We are here to proclaim a […]

Trump Trade Deal Optimism Driving This Market

Trump Trade Deal Optimism Driving This Market

$DIA, $SPY, $QQQ, $RUTX, $BAC, $VXX US are stocks rallying this year on signs of progress in US-S trade talks as managed and sidelined money continues to bet that there is not much upside left when President Trump’s deal is reached. That is wrong Heffx-LTN’s corporate earnings and equity valuations model as of Saturday indicates […]

President Trump’s Policies Working, Market Soaring

President Trump’s Policies Working, Market Soaring

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The Pain Trade continues, on broad-based advance that had all 11 S&P 500 sectors finished higher on the day. Almost 80% of S&P 500 companies having reported Q-4 earnings so far. Analysts now see a profit increase of 16.2% for the Quarter, according to Refinitiv data. President Trump’s policies […]

Socialism Would Set the US Back 100 Years

Socialism Would Set the US Back 100 Years

White House economic adviser Larry Kudlow warns that Americans want to embrace capitalism and that the Democrat-led rush to socialism would set the nation back a 100 years. “If you are not a socialist in your 20’s you have no heart and if you are not a capitalist in your 30’s you have no mind. I think right now […]

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 […]

Buying Interest Triggered by Trump Polices Progress

Buying Interest Triggered by Trump Polices Progress

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Progress of President Trump’s Policies Bringing On Continued Stock Buying Interest US futures point to a higher start this morning with sentiment boosted by US lawmakers reaching an agreement in principle to possibly avert another government shutdown later this week. The S&P 500 futures trade 18 pts, or 0.7%, […]

President Trump’s Approval at 23-Month Highs

President Trump’s Approval at 23-Month Highs

President Trump’s approval rating has reached 52%, the highest it has been in almost 2 years, according to Rasmussen Reports. Rasmussen’s daily Presidential Tracking Poll shows: 52% approve of Trump’s job performance. 47% disapprove. 39% strongly approve. 39% strongly disapprove. Rasmussen notes this is the highest President Trump’s approval rating has been since 6 March 2017, […]

Wall Street Finished Mixed in Cautious Session

Wall Street Finished Mixed in Cautious Session

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US-China trade talks resume in Beijing President Trump and China President Xi appear closer to a trade deal, according to Presidential counselor Kellyanne Conway. “The President wants a deal, and he wants it to be fair to American workers and American interests,” Ms. Conway said on TV early Monday. […]

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 […]

President Trump, the Wall is Coming “One Way or the Other”

President Trump, the Wall is Coming “One Way or the Other”

Congressional negotiators are working this weekend of talks on a security plan that includes barrier on the Us-Mexican border, hoping to complete a deal to avert another government shutdown that is acceptable to President Trump. Saturday afternoon, President Trump Tweeted that if Democrats did not give him all The Wall money he is demanded, he […]

AOC’s ‘Green New Deal’ Pointless

AOC’s ‘Green New Deal’ Pointless

Progressive Dem Representative Alexandria Ocasio-Cortez’s (D-NY) call for a proposed “Green New Deal” to protect the environment “seems pointless,” Deputy Press Secretary Hogan Gidley said Friday. “It is quite rich for Congresswoman Ocasio-Cortez to point out the fact that we need to ruin our economy and stop all air travel and stop all cars in […]

President Trump Policies Ended Dems ‘War on Business’

President Trump Policies Ended Dems ‘War on Business’

FLASH: Socialist Ideas are Crazy! The White House economic adviser Larry Kudlow praised President Trump’s comments on socialism during his State of the Union address, saying America should remain a “nation of entrepreneurs who thrive from freedom and growth.” Mr. Kudlow blasted “these crazy anti-growth, anti-incentive, anti-business, anti-reward policies coming out of the opposition party.” […]

Trump-Kim Summit Venue Shows Signs of Moving Beyond Conflict

Trump-Kim Summit Venue Shows Signs of Moving Beyond Conflict

The choice of Vietnam as the venue for a 2nd US-NKorea Summit this month shows the possibility of moving beyond conflict and division toward a thriving partnership, the US State Department said Thursday. State Department spokesman Robert Palladino told a news briefing that US Special Representative for NKorea Stephen Biegun was in Pyongyang to prepare […]

Fed Chairman Powell says it Again, “The US Economy is in a ‘Good Place'”

Fed Chairman Powell says it Again, “The US Economy is in a ‘Good Place

The Federal Reserve Chairman Jerome Powell said again Wednesday the US economy remains in a “good place” and has proved resilient so far to shocks like the British decision to leave the European Union. “The US economy is now in a good place,” with low unemployment and inflation near the Fed’s 2% target, Chairman Powell […]

President Trump Plans Rally in El Paso, Texas

President Trump Plans Rally in El Paso, Texas

FLASH: Speaker Pelosi (D:CA) Seeks Deal as Wall Deadline Nears Pesident Trump and House Speaker Nancy Pelosi struck starkly different tones in their border security standoff Wednesday, as President Trump planned a rally in a Texas border city he says exemplifies the need for a Wall and Mrs. Pelosi said she’d back any bi-partisan deal […]

1 2 3 17