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 […]

Congress Does Not Want Another Shutdown

Congress Does Not Want Another Shutdown

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 […]

There is No Permanent Economic Damage From Shutdown

There is No Permanent Economic Damage From Shutdown

$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 […]

Stocks Finish Higher on Headline News

Stocks Finish Higher on Headline News

$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 […]

US Consumption, Business Optimism Remains Strong

US Consumption, Business Optimism Remains Strong

$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, […]

The USA is the ‘Hottest Economy in World’

The USA is the ‘Hottest Economy in World’

$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, “State of the Union Address will Come after ‘the shutdown'”

President Trump, “State of the Union Address will Come after ‘the shutdown

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) […]

A Marijuana Marketers are Offering Furloughed Federal Employees Free ‘Dope’ During Shutdown

A Marijuana Marketers are Offering Furloughed Federal Employees Free ‘Dope’ During Shutdown

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 […]

Stocks Saw Uneven Trade on Positive Earnings, Finish in the Green

Stocks Saw Uneven Trade on Positive Earnings, Finish in the Green

$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 […]

President Trump, ‘I will keep my promise on border security one way or another”

President Trump, ‘I will keep my promise on border security one way or another”

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, Will Not Declare an Emergency Yet

President Trump, Will Not Declare an Emergency Yet

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 […]

Republicans ‘Unified’ Over Shutdown

Republicans ‘Unified’ Over Shutdown

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 […]

Headlines Rule the Markets, Consumers Undaunted

Headlines Rule the Markets, Consumers Undaunted

$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, ‘Totally Be Willing’ to Shut Down Govt to Get Border Wall Funds

President Trump, ‘Totally Be Willing’ to Shut Down Govt to Get Border Wall Funds

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

Medical Marijuana Update

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.”

President Trump, “I don’t care what the political ramifications are.”

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 […]

President Trump’s Mar-a-Lago 1yr Celebration to Go on Without Him

President Trump’s Mar-a-Lago 1yr Celebration to Go on Without Him

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

Schumer’s Shutdown, Senate Dems Derail Bill to Avert Government Shutdown

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 […]

There is No Need for a Government Shutdown

There is No Need for a Government Shutdown

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 […]