On a gloomy Christmas eve one year ago the stock market had completed a 3 month correction into a panic low of more than 20%, equaling its largest decline of the past decade. After a tremendous rally in the first and a fourth quarters of 2019, the pulse of the stock market…
Often when US Presidents can score a single major legislative accomplishment during their tenure it’s enough for the history books. Reagan had the massive Supply Side tax cuts, Clinton passed the North American Free Trade Agreement (NAFTA) and Obama’s landslide election mandate gave us Obamacare. Trump made history with his…
Trump has 10 days to decide on approving or vetoing the House legislation on Hong Kong Human Rights Act (HR3289) which just passed in the House. This relatively toothless Bill is meant to embarrass the Chinese and President Trump, declaring China a Human Rights violator and daring the President to…
In a moment of unprofound insight lacking sound and fury meaning absolutely nothing to investor expectations, Fed Chief Powell this past week made the most anodyne comments possible that the economy was likely to continue growing. It’s also likely that the Fed has never forecast anything but continued economic growth as…
Has there ever been a Bull market in stocks more connected to the words of one person? Presidential palaver and Trumpian tweets frequently rule day to day market action. In recent months the words coming from the Oval Office have pushed stock prices around in a 10% range repeatedly. In…
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