Dec 30, 2017
rump/GOP will do well in 2018. Don't listen to fake news pundits & fake polls. Investment boom econ after tax cuts. Key to everything. And everyone will benefit. Rasmussen/McLoughlan: 46-53, same as Obama. The world according to Art Laffer. Growth pay-for deficits. Dollar? Fed? Lindsay v. Clarida? Stocks? Supply-side tax cuts not inflationary. Blinder says corps pay taxes, not people! Corp tax cuts don't affect people. Trade war fears? Top 10 accomplishments made for strong 2017. What's in store for 2018? Budget battle runs into infrastructure. Dems want $1 tr from gov't. Tough trade tariff actions for NAFTA, China, steel, aluminum. China caught selling fuel to China--Russia too. Daca, Wall, refugees, tighter restrictions on legal immigration, Merit replaces family chain. Let Trump be Trump. Home run NYT interview. Staff didn't know. So what? Trump made his own plate at Christmas buffet Mara Lago-- talks to many people. 2018 econ outlook? Tax cuts, profits, rates, SALT effect, global econ better. US boom helps world. Can stocks do it again in 2018? Best & worst in 2017. Correction? Oil, gold, rates, bitcoin. Wealth effect? Goldman takes $5b 1-time hit. Stay w/ financials? Tax cuts priced in? GOP tax cut Is Dems worst nightmare. Reviving econ, jobs, wages, etc. Isn't 4% better than 2%? Fake polls. Trump endorses Ron DeSantis Fla. Gov.
Dec 23, 2017
Trump snatches victory from jaws of defeat. Dems in very bad place. Front end of first investment boom in 20 years. Proof of the pudding is in the eating. 4% is better than 2%. Don't you agree? Corporate tax cut dividend. Higher GDP pays for lost revenues. Middle class winner? Rising tide lifts all boats: everyone wins. Mid-term outlook much better w/ tax cuts & growth. No mid-term disaster (The Hill). Polling is awful. Take-home pay in February. Tax revolt in blue states? Stock boom continues. Higher 10-year to 3.5%? Profits? Fed? Multiples? Sell 100-year bonds? Gen Keane on Trump Doctrine/national security strategy. Economic security is national security. China/Russia? Money politics: Jimmy P welcomes Trump tax cut! Budget fight? Next agenda.
Dec 16, 2017
Pro-growth tax reform sets stage for investment boom. Everyone benefits. JTC: higher GDP pays for tax cuts. Most powerful growth factors.FIFO out. One need not be pro-child credit to be pro-child. Social engineering. High rates & big credit doesn't work. Front end of investment boom. Look at biz equipment. 3rd straight 3% quarter. Retail sales. Fed isn't tax cut enemy. No inflation. 3 more hikes in 2018? Why? Investigate investigators. FBI story spinning out of control. Clinton operatives running investigations. Insane. Trump-hating lawyer trying to pay women to come forward w/ new allegations. Sell to media. Take commissions. Incredible tale of reckless partisan FBI Strzoka and girlfriend. Bitcoin boom? Regulations? Stocks too high? Global growth and liquidity. No inflation. Big stock market week. Dollar & gold steady. McLaughlin poll warnings. Money Politics. Bannon dead. Defending Rubio.
Dec 9, 2017
Corey Lewandowski and David Bossie on new book: Let Trump be Trump Liz Peek and Mark Simone on the treatment of Trump by the press Stock market and all financial indicators all up. Here comes the Boom! Money and politics discuss the tax cut bill and the economic effects
Dec 2, 2017
Sen Roy Blunt of GOP leadership will talk about Senate tax bill & next steps. Will back door capgains tax hike on individuals be taken out? Charlie Gasparino & Dan Clifton talk taxes. Trillions more in revenues. I'd vote for it. You should, too. Pluses & minuses. Trump expects to be cleared in Mueller probe despite Flynn plea. John Hinderaker & David French talk Flynn, Mueller & Trump. No collusion. Weak case. Kevin O'Leary & Stephen Weiss: Biz tax cuts & flying stock market. Doug Schoen's new book "Putin on the March." He is succeeding. Trump policy. Mueller? Tillerson gone?
Nov 25, 2017
Art Laffer's outlook for taxes, Fed, rates, econ, stocks. Steve Moore on Soros' $18b tax dodge. Tax bill update: key points:corp rate & implementation/retroactive; small biz pass-through treatment/Johnson; ACA mandate repeal; SALT; corp interest deduction; back-door capital gains hike. Alabama certifies Dec 26. Much to be grateful on economy; cap-ex rising; share buybacks falling; 3.4% RGDP. Proper poll weighting R's & D's show different results, esp. taxes. Bruce Bartlett : "The Truth Matters"---- killing fake news. Stocks soaring. Fed rate hike Dec;what about 2018? Kill off tax cuts w/ Phillips Curve? Black Friday? Consumers decent shape, what about retail stocks? Trump effect?
Nov 18, 2017
GOP momentum for tax cuts. Ain't perfect, but biz side pro-growth. POTUS wants 35% top rate. Sen Ron Johnson wants bigger tax cut for small biz. Will O-Care mandate repeal work? Tax the rich so boring & stupid. Oren Hatch cleaned Sherrod Brown's clock. Schumer playing Salt. Good polling shows people want tax cuts. Wilbur Ross & NAFTA time-bomb. Roy Moore could be a problem. Jones ahead. 1 week to swear in. Dec 12 election. Do stock funds have to sell old stuff first? 2-week stock drop, but no recession in sight. God, Faith & Reason by Michael Savage.
Nov 11, 2017
Pro-growth tax bill is on the way before year. Tax Foundation details of Senate bill. House has much bigger tax cuts first couple of years--Dan Clifton. Why not 3% growth? Nuclear option for Byrd rule. Why CBO always wrong. Why tax cuts are really fair---- Larry Kotlicoff. Get rid of corp tax altogether. All out war: Plot to destroy Trump. Ed Klein. Trump's Pacific Trade Tear. GOP retirements threaten House majority. Dump Roy Moore? Tied w/ Dem opponent. Senate campaign pulling money. He dated teen aged girls. Donna Brazile blows whistle on Dem Party corruption. Stocks down first time in many weeks. Buy the dip.
Nov 4, 2017
GOP House tax bill. Good on biz, not good on individual side. But enough for 3% + growth. Corp tax cuts will pay for themselves and then some. Minimal tax on US & foreign profits? Back door BAT? Hidden tax hike on rich? Pass-Through confusion. Maybe a B+ total grade. Must ignore JTC & CBO estimates. Productivity from capital formation is everything for growth & wages. Trump: tax cut passage gives GOP strong economic narrative Nov 2018. Andrew Jackson wins Battle of New Orleans & saves America. Brian Kilmeade new book. Jay Powell is weak Fed head appointment. Phillips curve. Won't rock boat w/ reforms. Trump tax cuts v. Fed wage inflation fears. Shouldn't Hillary get busted for DNC & uranium sale? End diversity lottery now. Jobs decent. Econ rising. No recession. Profits up. Stocks melt-up? Dem budget & taxes insanity. All tax the rich & single-payer health system.