Now displaying: February, 2017
Feb 25, 2017
What should Trump say to joint session of Congress? If Trump unmuzzles econ, then rosy scenario will become econ reality. Why didn't econs attack Obama's 4% RGDP. Trump must enact biz tax cuts first to trigger growth. OB-Care a tax (Judge Roberts). Put them together in 2017 budget reconciliation. Middle class benefit. Is Boehner correct that GOP has no OB-Care replacement? Medicare not going bust? Mnuchin suggests no collision between Trump & Yellen. Also no quick action on China yuan manipulation & trade. State of border tax? Why is Trump attacking foreign investments in US? Are trade deficits bad? What does economic nationalism mean? Citizens of world? Davos-EU? Multinationals? Trump bull market continues? Are profits flattening again? Bitcoin role?
Feb 18, 2017
Biz tax cut must come first. Regular order or reconciliation. Could put in same bill w/ ACA repeal (more tax cuts). Econ #1. Needs early W to show strength. Reagan example. Waiting to year end postpones econ & stocks. Early win is crucial. Trump presser played differently w/ supporters. Hinged, not unhinged. Confront media. Good messaging on taxes, ACA, reg rollback, Goresuch, intel leaks, no Trump message w/ Russia, border security, refugee moratorium, pipelines. Florida rally. Is border adjustable tax BAT dead? GOP plan B? US state sales tax & federal excise taxes. Trump econ growth forecast rosier than most? Currency manipulation is real problem, esp for global free trade. Judy Shelton. Why is Trump attacking foreign investment? Real story behind intel leaks? New NSC chief? Military strike on ISIS-Raqqa-Mosul? Is Yellen moving toward rules-based monetary policy? Is US & global growth picking up? Stocks keep rolling. Profits rising. Inflation rising? Some stock market advice for our billionaire prez.
Feb 11, 2017
Sen David Perdue (R, Ga) opposed to border adjustment tax (BAT). Trump new exec order to protect national security w/ refugee moratorium? Better relations w/ Japan: Trump/Abe positive press conference. Golf diplomacy at Mara Lago. Trump gets 3 new picks for Fed, w/ 2 more next year. Easy or tight policy? Dollar? KingDollar & tax cuts = growth. New Trump tax reform developed by Gary Cohn. What's it mean? Alan Reynolds: do trade deficits matter? Mexico? China? Down w/ BAT. CEA downgraded out of cabinet. Will there be anyone? Who advises Trump on contradictory macro outlook? Roger Stone: "The Making of the President 2016: How Trump Orchestrated a Revolution." Better profits and Trump tax cuts drive stocks higher.
Feb 4, 2017
Populism from Trump & Andrew Jackson: what's it mean? Nationalism? Historian HW Brands "The Life and Times of Andrew Jackson." SCOTUS Neil Gorsuch: perfect candidate. Against deference to regulatory agencies. Iranian sanctions for illegal ballistic missile tests. Decent jobs report. Fed rate hike? Doubtful. Trump meets biz-CEOs : Tax reform soon. ACA sooner. Clarify refugee terrorist moratorium. Dodd-Frank too. Ways & Means chair Kevin Brady on taxes & ACA & timing. Repeal all ACA tax hikes. 25% dollar rise? Dow 20,000 back. Profits? Trump? Trump & Navarro want cheaper dollar. Blame Germany. Won't affect trade deficits. If Trump growth policies go through, dollar higher & trade gap wider. Huge capital inflows.
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