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 […]
$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 […]
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 […]
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 […]
$OIL, $USO Saudi Arabia’s budget needs are causing Saudi Arabia to push for Crude Oil prices of at least $70 bbl this year, industry sources say, even though US Shale Oil producers could benefit and Riyadh’s share of global markets might be further eroded. Riyadh, OPEC’s de facto leader, said it was steeply cutting exports […]
FLASH: The plethora of Dem 2020 Presidential candidates are starting undermine each other Senator Kamala Harris, 54 anni, (D-CA) sent a poison arrow to the old guard of Democratic politics that every era has its end. At an Atlanta church service Sunday, the Presidential candidate compared leadership to a relay race in which each generation […]
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 […]
FLASH: Senator Lindsey Graham delivered loyalty and laughs in a light-hearted, GOP fundraiser speech Friday at Mar-a-Lago “If Lindsey’s speaking, I want to come down here for 2 reasons,” President Trump said. “No. 1: He’s a great speaker; and No. 2, I know if I am here, he is not going to say anything bad […]
FLASH: The EU is next, as The Trump Administration prepares tariffs on Germany’s auto industry, a 25% tariff already is in place on light trucks President Trump said trade negotiations with China were progressing and a final agreement “will probably happen,” adding that his call for tariffs to remain on Chinese imported goods for some […]
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 […]
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. […]
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 […]
FLASH: The world’s economy is slowing, but the United States’ is not despite Federal Reserve policies that have hindered growth, President Trump says. “If we did not have somebody that would raise interest rates and do quantitative tightening, we would have been at over 4% instead of at 3.1,” Trump said in a TV interview. […]
$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 […]
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 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 […]
By Donna GarnerB I am a Texan, and we Texans know a true left-leaning Democrat when we see one. Please believe me when I say, “Beto O’Rourke is one!” Beto is not “born to do this” as he stated in the recent edition of Vanity Fair where he told about his decision in glitzy and glowing […]
$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 […]
$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 […]
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 […]
$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 […]
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 […]
$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 […]
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 […]
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 […]
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 […]
$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 […]
FLASH: “I’m in no rush. I want the deal to be right. … I am not in a rush whatsoever. It’s got to be the right deal. It’s got to be a good deal for us and if it’s not, we’re not going to make that deal.” President Trump said Wednesday he is in no […]
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 […]
$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. […]
UPDATE: Secretary of State Mike Pompeo Says Chairman Kim Told Him Several Times that He will Denuclearize US Secretary of State Michael Pompeo said NKorea’s Chairman Kim Jong Un has promised to eliminate his nuclear weapons program on at least 6 occasions and that now “we need to figure out how to do it.” “The […]
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 […]
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 […]
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 […]
The White House’s Top economic adviser Larry Kudlow said Friday that President Trump and Chinese President Xi could meet on trade later this month or early next month. “Nothing in cement, but there’s a lot of talk about a meeting, yet.” President Trump Friday said he is confident the United States can forge a trade […]
$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’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 […]
$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 […]
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 […]
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 […]
FLASH: Americans’ approval of President Trump’s handling of the economy is at the highest point of his presidency, hitting 56% in a recent Gallup poll. President Trump’s rating for handling the economy also is the highest of his approval ratings on any of 14 domestic and foreign issues tested in the latest Gallup poll. Americans’ approval […]
Monday, President Trump setup to open a new front in his trade wars with a plan to end preferential trade treatment for India that allows duty-free entry for $5.6-B worth of the country’s exports to the United States. “I am taking this step because, after intensive engagement between the United States and the government of […]
$GLD,$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 […]
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 […]
$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 […]
President Donald Trump is “ready to keep talking” to NKorea despite the abrupt end of the 2nd summit in Hanoi NAS John Bolton said. In a TV interview aired Sunday Mr. Bolton said President Trump “remains optimistic.” about a deal that will lead to denuclearization. NKorea’s leader “Kim Jong Un himself said in our last […]
$USD FLASH: President Trump, “I want a strong dollar, but I want a dollar that’s great for our country not a dollar that is so strong that it is prohibitive for us to be dealing with other nations.” Saturday, President Trump renewed criticism of the Fed and said its tight monetary policy contributes to a […]
President Trump has told an appreciative audience of conservatives that he will win re-election in 2020 and by a bigger margin than his Y 2016 victory. He’s reminded the audience of his outsider campaign that overcame long odds and a crowded field of established politicians to claim the White House over Democrat Hillary Clinton. When […]
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 […]
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 […]
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 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: March is shaping up as pivotal for the world economy. The coming weeks are set to offer clarity on a US-China trade deal, Britain’s fate within the EU and any signs that China’s economy is turning around. Also, President Trump is mulling a report that may lead him to […]
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 […]
$GLD,$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 […]
FLASH: Members of the media should read President Trump’s “Art of the Deal” to understand President Trump’s decision to end negotiations with NKorean Chairman Kim Jong Un The Big Q: What does he say in that book? The Big A: If you want to be a great businessperson, up to the last sec in any deal, you […]
FLASH: Kim Jong Un Faces New Pressure at Home After Trump Summit Shock He faces a long train ride home through China to think about what went wrong. President Trump says Vietnam, the site of his 2nd round of nuclear talks with Chairman Kim, is thriving economically and that NKorea could, too, if it would […]
$GLD,$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 […]
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 […]
$GLD,$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 […]
$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 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 […]
FLASH: World Stock Markets Up Across the Board Early Monday, President Trump said he is optimistic that a final trade deal could be reached with China and that he would hold a Summit to sign any pact, but cautioned an agreement may still not happen. Speaking at the White House a day after signaling that […]
By Daniel Greenfield The Big Q: Why did the media fall so swiftly for the Jussie Smollett hoax right after falling for the Covington Catholic hoax? The Big As :The easy answer is bias. And that might have even been the right answer a generation ago. but these days the media is not biased, it […]
$GLD,$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 […]
$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 […]
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 […]
Americans in 17 states gave President Trump approval ratings of 50 percent or higher for 2018, with people in 16 other states rating him at below 40 percent, according to a new Gallup Poll released Friday. President Trump gained the most approval in states in the South and Mountain West and the least approval in New England […]
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 […]
The Trump Administration is ordering 1,000 more active-duty troops to the US-Mexico border to add barbed wire to the border Wall. That would make the total number of troops at the border 6,000 by 1 March, with 140 more miles of Concertina wire added, Defense Department officials were quoted as saying. “That mission has evolved,” […]
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 […]
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 […]
$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 […]
$GLD,$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 […]
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 […]
$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 […]
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. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: FOMC Mins as expected; Fed will maintain patience in rate hikes and stop reducing assets on its balance sheet later this year. The Takeaway The FOMC Minutes said the central bank is going to be patient in raising rates and is likely to stop reducing the assets on its […]
US President Trump’s declaration of a national emergency to circumvent Congress and spend billions of dollars for a border wall is the latest example of him relishing using the power of the Presidency to do whatever he can without Congress. This was made even clearer by a revelation from a senior White House official that shortly […]
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 […]
$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 […]
$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 […]
FLASH: The Fed has the stock market’s back White House economic adviser Larry Kudlow applauded President Trump’s public pressure on the Fed on the pace of the central bank’s interest-rate hikes. “I’m very glad the Federal Reserve is putting their rates on hold,” he said on TV Thursday, “I think the president’s warning on that […]
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 […]
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 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Fed Chairman Jay Powell describes US economy as “good”, saying he does not see an elevated probability of a recession, stocks finish on their highs lead by the Financials Investors are prepare for the return of the divergence trade, with the US set to lead the rest of the […]
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 […]
JOLTS Report: US employers posted the most open jobs in December in 19 years that records have been kept, evidence that the job market is strong despite several challenges facing the economy. The US Labor Department says job openings jumped 2.4% in December to 7.3-M. That is the most since records began in December 2000. It is […]
$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 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, […]
$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. […]
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 […]
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 […]
French President Emmanuel Macron, 40 anni, appears to be clawing back support as he works to quell the yellow vest protest movement with a national political debate. Recent polls by Ifop, BVA and Harris Interactive institutes show Macron’s approval ratings rising – from 23 to 31% in December to 31 to 35% now. But President […]
Several thousand supporters of an exiled Iranian opposition group marched through Paris Friday, calling for an end to Iran’s clerical regime 40 years after the Islamic revolution toppled Iran’s monarchy. The Mujahedeen-e-Khalq, widely referred to in the West as the MEK, were joined at the rally by an array of speakers before the march, from […]
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 […]
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.” […]
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 […]
$DIA. $SPY, $QQQ, $RUTX, $VXX Wall Street stocks declined Thursday on concerns that the United States and China would not be able to reach a trade deal, thus increasing concerns about slowing global economic growth. President Trump said he did not plan to meet with Chinese President Xi before the 1 March deadline set by […]
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 […]
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 […]