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Weak Data Sinks Dollar But Floats Stocks Ep. 268

Summary:
More weak economic data today sent the U.S. stock market to record highs; at least the Dow and the S&P hit new records. NASDAQ not quite, bu…

8 years, 8 months ago

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Market Ringing Lots of Bells:Ep. 267

Summary:
There are market indicators of a major top as illustrated by the Blue Apron IPO, as it represents the failure of a very weak company attempt…

8 years, 8 months ago

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Another Weak Jobs Report Portrayed as Strong – Ep. 266

Summary:
There wasn't much of a market reaction to this Nonfarm Payroll report; the dollar index was only up .2% on the day. It closed up flat on the…

8 years, 8 months ago

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What It Means To Be An American – Ep. 265

Summary:
One of the key differences between Americans and citizens of other countries is that in most nations of the world, individuals gradually won…

8 years, 8 months ago

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Dependence Day. Americans Celebrate Free Stuff, Not Freedom – Ep. 264

Summary
Independence Day is a great American holiday, but it fills me with joy and sadness.  I love to commemorate what America was, and the whole id…

8 years, 8 months ago

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Blue Apron: All That’s Missing is the Sock Puppet – Ep. 263

Summary:
Blue Apron Holdings IPO
The Blue Apron Holdings IPO today is reminiscent of the dot com boom.  The market is saying the 5-year old company i…

8 years, 8 months ago

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Republican Replacement Won’t Fix ObamaCare – Ep. 262

Summary:
Once again the solution doesn't work.  As with the Democrats' solution, the penalties are too low.  In both the House and the Senate, trying…

8 years, 8 months ago

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Senate Plan Makes ObamaCare Worse – Ep. 261

Summary:
Let the SS ObamaCare Ship Sink
The Republicans in the Senate finally unveiled their version of ObamaCare Repeal & Replace.  It's very heavy …

8 years, 9 months ago

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All Tax Cuts Are Temporary – Ep. 260

Summary: Every tax cut is temporary. Ryan's premise that we can't get the stimulus we need without a permanent tax cut is complete nonsense.  Congres…

8 years, 9 months ago

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Government, Not Amazon Putting Cashiers Out of Work – Ep. 259

Summary:
Amazon Buys Whole Foods
The Dow was up today; mainly on the surprise announcement that Amazon, the king of on-line retailing, is buying Whol…

8 years, 9 months ago

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