#Americans #endurance #fear #anxiety #lockdowns #COVID #chaos #economy #PresidentTrump “Lockdowns will test the patience and endurance of many Americans“– Paul Ebeling Many American workers and businesses face a months-long survival test until COVID vaccines become widely available as spending dives with record daily cases prompting a sudden return to lockdowns. As the result of massive […]
#PresidentTrump #Fed #FOMC #GDP #economy #recovery “This positive turn in the economy is even more remarkable because it happened without the additional stimulus the mins show Fed officials expected in July.” — Paul Ebeling Last month Fed policy makers agreed that the economy was recovering from the China virus chaos recession much faster than they […]
#PresidentTrump #recovery #COVID19 #Shutdown President Trump would “in no way” support another economic shutdown should the coronavirus pandemic worsen, White House Economic Council Director Larry Kudlow said Thursday. “He will completely oppose that,” Mr. Kudlow said on TV. “President Trump today me this yesterday in the Oval, in no way, shape or form will he […]
#Investors #ignore #C19coronavirus #shutdown #economy #earnings #recovery #PresidentTrump $DIA $SPY $QQQ $RUTX $VXX Deep in investor minds is the Big Q: What are the chances of another lockdown The Big A: Slim to None, as The Trump Administration has no appetite for shutting down the nation again. Instead, President Trump is looking for ways to […]
Wednesday, economist Stephen Moore rebuffed a TV host during an interview chastising him for an assertion that the country’s current ongoing financial slump was caused by the C-19 coronavirus chaos. “I just want to correct you on 1 thing,” Mr. Moore said near the end of a discussion. “You said it was the coronavirus that shut […]
President Trump is hinting at a 2nd task force responsible for getting Americans back to work. This task force should prepare the country to reopen, with new tools to fight the virus. Remember, President Trump said he wants the country “opened up and just raring to go by Easter” and his team is making preparations […]
Commerce in the residential real estates sector in many states across the nation has broken down. Especially hard hit is Los Angeles and NYC. The coronavirus COVID-19 coronavirus pandemic has all but completely upended the business of being a real estate agent. In NYC deals are falling through and agents struggle to sell over coronavirus […]
Friday, London announced the closure of pubs and restaurants, Britain could remain on lockdown for an entire year, according to scientists who told PM Boris Johnson to impose social distancing rules. The UK government’s Top coronavirus advisers say that the restrictions on travel and socialising could eventually ease off. But, they also said that it […]
$RACE Ferrari’s (NYSE:RACE) F1 team have all gone into self-isolation since their return from the Australian Grand Prix. The move is a precaution, as no member of the team have so far had any symptoms of the coronavirus, Ferrari said. Ferrari F1 team members who travelled to Melbourne are to be in quarantine for 14 […]
British people need to stop non-essential social contact and avoid clubs, pubs, theaters and all unnecessary travel as the coronavirus outbreak accelerates towards the fast growth phase, Prime Minister Boris Johnson said Monday. PM Johnson had faced a backlash after his government took a less stringent approach to tackling the virus than countries such as […]
$RACE The United Arab Emirates said Saturday it was shutting major tourism and cultural venues to contain the spread of coronavirus and announced a $27-billion plan to counter the outbreak’s economic impact. Attractions such as the Louvre Abu Dhabi museum and the Ferrari World theme park will be closed from 15-31 March, the Abu Dhabi […]
$RACE Ferrari (NYSE:RACE) has shut its Maranello factory including its F1 operations in response to the global coronavirus pandemic. With Italy being 1 of the countries in Europe that has been impacted the most by the virus outbreak, the Italian government has imposed a strict lockdown across the entire nation to try to limit community […]
The Mainstream Media wants you to panic, don’t! But each and every one of us has a duty to keep informed and educate ourselves on what scientists and researchers tell us and advise us. Follow the expert’s advice. The World Health Organization (WHO) says Europe has become the virus’ current epicenter after reporting more cases […]
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 […]
Nobody wants to see another government shutdown, and Congress will cut some kind of deal that will keep the United States safe, Rep. Debbie Dingell (D-MI) said Tuesday. “I do not think anybody wants to see what we just went through for 35 days,” the Michigan Democrat said in a TV interview Tuesday. “It hurt the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, White House economic adviser Larry Kudlow said the recent partial government shutdown inflicted “no permanent damage” to the economy. “I still think the economy is very strong,” the head of the National Economic Council that advises President Trump said at a White House briefing. “As I have said many times I […]
Sunday, Acting White House chief of staff Mick Mulvaney said that President Trump will shut down the government again if he does not get border Wall funding. In a TV interview Mr. Mulvaney said the President is “willing to do whatever it takes to secure the border.” “I think he actually is,’’ ready to shut down […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stocks jumped at the open on initial speculation that a deal to reopen the government was imminent, the notion that the Fed may be getting close to the end of its balance sheet normalization effort, plus the expression from Treasury Secretary Mnuchin that the US is making progress with China trade […]
$BAC, $CG US consumer spending and business optimism remains strong in the United States despite disruption in the global economy because of trade disputes and the US government shutdown, Bank of America (NYSE:BAC) CEO Brian Moynihan said Thursday. “Based on experts and consumer activity (this month), it looks like a solid year for the US, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX White House economic adviser Larry Kudlow says the indicators for the USA show that America is the ‘hottest economy’ in the world. He predicted the next monthly unemployment report will likely shock naysayers. Mr. Kudlow said the economy will snap back from any “glitch” created by partial government shutdown, as that […]
President Trump said Wednesday night he is postponing his State of the Union address until the partial government shutdown ends. President Trump has concluded that there is “no venue that can compete with the history, tradition and importance of the House Chamber” and that he was not looking for an option after Speaker Pelosi (D:CA) […]
The Trump White House has asked various government agencies to make a list of programs that would be severely impacted by the ongoing shutdown if it goes into March and April. According to our information, acting White House Chief of Staff Mick Mulvaney wants the information by Friday, the day the partial shutdown will marks […]
Now, not only are the non-essentials (NE) non-essential they can be stoned doing nothing! The furloughed NE federal workers who cannot pay for medical marijuana during the government shutdown can get it for free from America’s pot dealers. BudTrader a massive marijuana-trading marketplace that allows users to buy and sell grow supplies, cannabis, and paraphernalia, declared […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 gained 0.2%, Dow Jones Industrial Average (+0.7%) and the NAS Comp (+0.1%) experienced uneven post options expiry trading action finishing in the Green. The Russell 2000 (-0.2%) did, too, but it finished in the Red. Most S&P 500 sectors finished higher with consumer staples (+1.2%) and utilities […]
Friday, President Trump made a “major announcement” Saturday on the government shutdown and his demand that Congress fund the Mexican border Wall. President Trump offered the Democrats a deal that would extend protections for so-called Dreamers by three years in exchange for $5.7-B in funds he is seeking for a border barrier in a well […]
President Trump softened expectations that he is close to declaring a national emergency to get the money he want to build the US-Mexico border wall as a 3-week impasse closing parts of the government continued Friday. There are about 800-K federal employees who missed their 1st paychecks under the stoppage. Lawmakers tried to reassure federal […]
Vice President Mike Pence said the President “made clear today that he is going to stand firm to achieve his priorities.” President Donald Trump says Republicans are “totally unified” in the shutdown standoff over his long-promised southern border Wall, though some GOP lawmakers have been expressing concern about the 19-day partial government closure. President Trump […]
President Trump has called congressional leaders of both parties to a Wednesday afternoon briefing on The Wall at the White House News of the meeting came as President Trump used Twitter to urge House Minority Leader Nancy Pelosi to consider a “deal” on border security to end the government shutdown. The session will include a […]
US President Donald Trump says parts of the government will stay shut as long as Democrats refuse to build the Wall on the US-Mexico border. Tuesday, asked when the government would reopen, President Trump said: “I can’t tell you when the government’s going to be open. I can tell you it’s not going to be […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 fell 2.1% Friday on headline uncertainty surrounding politics and trade. As they continued to provide a justification to reduce risk. Friday’s decliner pushed the benchmark index to a new yearly low at 2408.12 and a weekly loss of 7.1%. All 11 S&P 500 sectors finished in the […]
President Trump Vows to Win The Border Wall Battle Former House Majority Leader Tom DeLay says that President Trump needs to remain strong on building The Wall on the US southern border. “If you go into these sort of fights, you better be ready to fight it until the end – especially if you’re president […]
The Senate advanced the House-passed spending bill that contains $5.7-B in Wall funding Friday. The Senate passed a motion to proceed on the House-passed continuing resolution (CR), 48-47, that includes $5.7-B in border Wall funding, which will put the spending bill to a full floor vote. Vice President Mike Pence broke the tie on the […]
US President Donald Trump was the clear winner in his live TV dustup in front of the press in the Oval Office with Democratic congressional leaders Nancy Pelosi and Chuck Schumer. President Trump “pulled the curtains back and let everybody see how the game is played for real,” Jeffery Lord said Wednesday. “And this is 1 of […]
President Trump, ‘Totally Be Willing’ to Shut Down Govt to Get Border Wall Funds US President Donald Trump said he would “totally be willing” to shut down the government if Congress does not send him a bill approving $5-B for his proposed Wall on the US southern border with Mexico. His comments came during an […]
Medical Marijuana Update It’s been a whipsaw week for Michigan’s unlicensed dispensaries, Oklahoma sees its 1st legal medical marijuana sales, and more. Michigan Michigan Regulators Say More Than 200 Unlicensed Michigan Dispensaries Must Close Down By Wednesday. The state’s Medical Marijuana Licensing Board has approved 14 more dispensary licenses, but some 215 pot businesses that […]
President Trump, “I don’t care what the political ramifications are.” Tuesday, President Donald Trump again vowed to shut down the federal government in September if the Democrats do not give him the $25-B for his border wall, declaring “I don’t care what the political ramifications are.” “Our immigration laws and border security have been a […]
This Omnibus $1.3-T Spending Bill, Much More of the Same The Big Q: Why is our President afraid of a government shutdown? Friday, our President reached out to the Democrats, gave them what they wanted (could never gotten under Hussein Obama) and sent an Olive Branch at Robert Mueller. And in return for what? Thus, […]
Democrats Caved, Get Little, as Government Shutdown Ends The US government shutdown is over, and the impasse exposed the Democrats’ limits on how far they were willing to go with the fight, at the risk of looking beholden to 1 part of their base, activists pushing to allow the Dreamers (DACA) to stay in the […]
President Trump’s Mar-a-Lago 1yr Celebration to Go on Without Him Since President Trump and the GOP were unable to close a deal to keep the US government operating, the President chose to remain in Washington, DC this weekend, canceling his trip to Mar-a-Lago for his planned 1yr in the Oval Office celebration. The party celebrating President […]
Schumer’s Shutdown, Senate Dems Derail Bill to Avert Government Shutdown Late Friday in Washington, DC, a procedural vote to advance legislation passed by the US House to fund the federal government through next month failed in the Senate Friday, less than two hours before a shutdown would occur at midnight. Most Democrats rejected the continuing […]
This is What Happens When the US Government Shuts Down President Donald Trump and GOP leaders in Congress are hard at work to meet a Midnight Friday deadline to pass a short-term spending bill to keep the US government open and prevent agencies from shutting down. This is what happens on a shutdown During government […]
US Stock Market Behind President Trump on Government Shutdown $DIA, $SPY, $QQQ, $VXX US stocks rose to new records Friday, as the pending government shutdown proved No Match for the New Year Extension of The Trump Rally. Trading ranges were pretty narrow for most of the day, but a late wave of buying has the […]
There is No Need for a Government Shutdown $DIA, $SPY, $QQQ, $VXX Wednesday, the US stock market moved lower on come concern of a potential government shutdown and following a report that highlighted a disagreement between President Trump and Senate Majority Leader Mitch McConnell (R-KY) Wall Street cheered Tuesday reports suggesting that White House aids and […]