May 1, 2017

It was just a start, but with the release of a 1-page outline last Wednesday (4/26/17), President Donald Trump began what will be a lengthy legislative process that may lead to tax reform.  Most of the outline's bullet-points came from…

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April 24, 2017

The best that Congressional lawmakers can hope for at this late date is a "Continuing Resolution" to maintain the existing funding levels from fiscal year 2016 into fiscal year 2017, the latter being a 12-month period that by next Sunday…

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April 17, 2017

President Donald Trump's negotiation skills in the business world are being tested on the global political stage in his first 3 months in office.  America's trade deficit with superpower China has been a sore subject for US exporters, driven by…

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April 10, 2017

Former Fed Chairman Alan Greenspan made headlines on 12/05/96 when he delivered his famous "irrational exuberance" speech.  Greenspan's comments, directed at what he believed to be unrealistic stock values, proved to be premature as the S&P 500's bull market run…

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April 3, 2017

The S&P 500 gained +6.1% (total return) in the 1st quarter 2017, giving the widely followed stock index a run of 16 of the last 17 quarters in which it has produced a gain, including the last 6 quarters in-a-row. …

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March 27, 2017

The "American Health Care Act" (AHCA) is now off the legislative table in Washington.  After receiving mixed reviews (from politicians and from the CBO) when the AHCA was introduced on 3/06/17, GOP lawmakers tweaked the bill with 11 different amendments…

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March 20, 2017

The Federal Reserve raised short-term interest rates last week, giving the nation's central bank one rate hike in each of the last 3 calendar years (2015-16-17).  Fed Chair Yellen's post-meeting statement suggested that 2 more rate bumps are likely throughout…

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March 13, 2017

The price of crude oil fell 9% last week (to $48.49 a barrel), its lowest level since OPEC announced a production cut in late November 2016.  In anticipation of reduced oil supply (OPEC's plan was for a pullback of 1.8…

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March 6, 2017

It has been just 6 weeks since Donald J. Trump was inaugurated as the # 45 President of the United States.  Stock investors, buoyed by Washington talk of lower corporate taxes and a cutback of regulatory speed bumps, have pushed…

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February 27, 2017

The S&P 500 continued its hot streak last week, closing at yet another all-time closing high on Friday (2/24/17), the 3rd consecutive trading week that has ended with a record close.  With 2 trading days remaining in February, the index…

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