Record Confidence in U.S. Stocks Means Trouble Ahead – Ep. 292
Optimism Rules the Day Friday the 13th was not an unlucky day for the U.S. stock market; all three of the major stock market averages closing at all time record highs. Optimism is ruling the day. In f...
14 Okt 201734min
Middle Class Tax Hikes Put Trump Tax Cuts in Jeopardy – Ep. 291
Congress May Not Deliver Promised Economic Growth I think part of the renewed weakness in the dollar may be due to the feeling that all the tax cuts are not going to pass. The Trump/Republican plan o...
11 Okt 201732min
Government Costs More When Paid for with Borrowed Money – Ep. 290
Government Is Not Measured by What It Taxes, It Is Measured by What It Spends Democrats promise free stuff; Republicans promise free tax cuts. What's a free tax cut? That's a tax cut that happens ev...
7 Okt 201737min
More Gun Laws Will Not Prevent Mass Killings – Ep. 289
Gun Laws Do Not Prevent Crime The answer to preventing mass killings is not more gun control; Stephen Paddock would have been able to get those guns regardless of whether or not owning them was illega...
3 Okt 201736min
Stock Indexes End Q3 at Record Highs – Ep. 288
Record Highs in the Markets This is the last day of the third quarter; S&P 500 and NASDAQ ended at record highs. I am not sure what made the Dow miss an all-time record - it was close but no cigar. ...
30 Sep 201737min
Pros and Cons of the Trump Tax Plan – Ep. 287
Estate Tax is Out Today President Trump announced some of the details of his highly-anticipated tax reform, which is really not tax reform, it's more of a tax cut masquerading as a reform. I would say...
28 Sep 201734min
Did Yellen Push the Envelope Too Far? – Ep. 286
Yellen Putting On an Optimistic Front Everybody is watching Janet Yellen this week; the Federal Reserve met and did not raise interest rates - no one expected them to raise interest rates. But Yellen...
22 Sep 201736min
Fed Minutes More Show Than Substance – Ep. 285
Market Anticipates Quantitative Tightening The market continues to rise; people are excited about the Fed meeting that start tomorrow and concludes on Wednesday. Nobody expects a rate hike and there'...
18 Sep 201738min
