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The Swamp Wins on Taxes and the Fed – Ep. 297

No Change in the Fed Swamp
The announcement of the new Fed Chair, Jerome Powell, represents a commitment to the status quo at the Fed.  President Tru…

8 years, 4 months ago

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Tax Reform Trial Balloons Keep Popping – Ep. 296

Trial Balloon #1: Backpedaling on State and Local Tax Deductions
All this talk about tax cuts is all a fraud, because government is getting more expe…

8 years, 4 months ago

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Republicans Won’t Even Consider Cutting Spending to Pay for Tax Cuts – Ep. 295

We're getting a tax cut!
There is one thing now that that has the potential to cause a short-term decline of more than 3% in the stock market, and th…

8 years, 5 months ago

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30-Year Anniversary of the 1987 Stock Market Crash – Ep. 294

Black Monday 1987
Today marks the 30th anniversary of the 1987 stock market crash.  It's hard to believe that it's been 30 years.  I still remember w…

8 years, 5 months ago

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U.S. Inflation Is Bullish for Gold and Bearish for the Dollar – Ep. 293

Inflation Higher Than Expected
Today we got the hotter than expected news on prices - on inflation.  We got the import/export prices.  Import prices …

8 years, 5 months ago

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Record Confidence in U.S. Stocks Means Trouble Ahead – Ep. 292

Optimism Rules the Day
Friday the 13th was not an unlucky day for the U.S. stock market; all three of the major stock market averages closing at all …

8 years, 5 months ago

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Middle Class Tax Hikes Put Trump Tax Cuts in Jeopardy – Ep. 291

Congress May Not Deliver Promised Economic Growth
I think part of the renewed weakness in the dollar may be due to the feeling that all the tax cuts …

8 years, 5 months ago

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Government Costs More When Paid for with Borrowed Money – Ep. 290

Government Is Not Measured by What It Taxes, It Is Measured by What It Spends
Democrats promise free stuff; Republicans promise free tax cuts.  What'…

8 years, 5 months ago

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More Gun Laws Will Not Prevent Mass Killings – Ep. 289

Gun Laws Do Not Prevent Crime
The answer to preventing mass killings is not more gun control; Stephen Paddock would have been able to get those guns …

8 years, 5 months ago

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Stock Indexes End Q3 at Record Highs – Ep. 288

Record Highs in the Markets
This is the last day of the third quarter; S&P 500 and NASDAQ ended at record highs.  I am not sure what made the Dow mis…

8 years, 5 months ago

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