Today's studies show the Sanders and Ocasio-Cortez Medicare for All program would cost an additional $32 trillion plus, if medical providers and big pharma reduced their costs.
We achieved a 4.1% GDP growth, which is remarkable particularly as we are not under high inflation rates. President Trump returns prosperity to America.
In the current environment, stocks are either off to the races or getting splattered on the concrete below. The cognoscenti often revile Mad Money’s Jim Cramer for his flamboyance. Yet when it comes to focusing on the current stock market hysteria, he nailed it in a recent CNBC piece.
By abusing a 2009 emissions waiver granted by the Obama-era EPA, California’s Green Meanies are effectively imposing costly automobile emissions standards that will inflict economic damage on the rest of the country.
Tesla has been in deep trouble for a long, long time. Unsurprisingly, Tesla shares have been collapsing all summer as the trouble became more obvious, even to Tesla fanboys on the street.
Even our favorite ETFs (discussed in the concluding article of yesterday’s ETF trilogy) were looking anemic as we limped toward Friday’s close. Maybe they've become another casualty of Wall Street's chronically overbought markets.
Today, we offer our current list of carefully chosen ETFs and CEFs that have been productive for us thus far in 2018. By making these changes to our portfolios, we hope to achieve a state of ETF Nirvana.
ETFs in and of themselves provide the smaller investors with far more diversification than they can generally get on their own. A viable ETF Perestroika plan can help get you to ETF Nirvana more quickly.
Our ultimate aim is to gradually restructure our investment portfolios. The concept we decided to employ, at least experimentally, is what we’ll call ETF Perestroika. It all unfolds in today's investment climate, an environment we might best define as ETF World.
Online shoppers hit Amazon’s Amazon Prime Day promotion hard. The stampede caused the company's retail website to experience serious connectivity issues Monday. Also on Monday, Netflix reported great profit numbers after the closing bell. But the Netflix new subscriber tally disappointed Wall Street. Badly.
Amazing Amazon (AMZN) is burning up the charts this morning as the retail and cloud behemoth gears up for its 4th annual “Prime Day” discount fest. Aside from some nervousness over today's Trump-Putin Helsinki confab, this news should help the S&P 500 and the NASDAQ.
2018's bond market weirdness led us to read a variety of articles and studies analyzing this boring sector. The most puzzling thing about the bond outlook for at least the next two quarters involves bonds' recent, downright odd stability in terms of yield.
WASHINGTON. In our heads, we’re hearing our favorite old song again. When it comes to post-November 2016 see-saw stock markets, “What a Difference a Day Makes” seems to be Wall Street’s official song. Wednesday, traders in this summer’s see-saw stock markets seemed terrified by the latest tariff terrors President Trump dangled before a recalcitrant and unapologetic ...
While Krugman says, “The tax cut is utterly failing to deliver..” the reality is just the opposite. GDP will likely grow by at least 4% for the balance of this year. He just doesn't understand Trump's Economics.
California dreaming, not so much. The state has an enormous housing shortage. For many desiring to relocate to Cali, the housing shortage in California is creating a state of crisis, and keeping people from moving to the state.
WASHINGTON: President Trump says he wants a second round of tax cuts. He says he is working on details now but expects his proposal to be ready by early this Fall. Maybe this proposal can fix the income tax problem once and for all. But to do that a single rate tax is necessary. To ...
I like Neil Pasricha’s thinking. He says that when you plant the Untouchable Day flag on your calendar, it feels permanent in your mind.
Wall Street, of course, will have to scramble to deal with this year’s Independence Day trading schedule, not to mention Canada Day as well.
Looking for a suitable lender for business loans is tricky. A small business needs to prioritize all its major borrowing needs and shop around to find a lending institution that meets most if not of those requirements for modern small business banking.
We’d expect today's major stock averages to recover a bit and then get hit again, concluding the day with another full market swan dive. Or not. You never really know these days.