Archive for January, 2017

President Trump’s immigration ban has made hotel stocks more attractive, writes John Coumarianos.

More…

Comments No Comments »

Buoyed by record-high stocks and nearly eight years removed from the Great Recession, most middle-aged and older Americans say they’re at least somewhat prepared for retirement.

More…

Comments No Comments »

“Although uncertainty has been ignored by most market participants, the Trump ascendancy comes with a lot of unknowns. A nationalistic and protectionism-based pro-business policy aimed at accelerating the rate of domestic economic growth through less regulation, cash repatriation of overseas profits and lower statutory corporate tax rates also is associated with the likelihood of higher interest rates in a debt-heavy world and the rising possibility of trade and foreign policy wars.
Uncertainty’s brother is volatility, who is likely to appear more often in 2017. Risk is a close cousin to…

More…

Comments No Comments »

As we settle into 2017, there remains a tremendous amount of uncertainty around the Trump Administration’s proposed agenda. But besides the unknown, what this complete overhaul does leave us with is a unique opportunity for Washington to tackle key issues, in a place that has been marked with partisanship and gridlock.One issue area where this opportunity will hopefully manifest this year is the implementation of meaningful and comprehensive tax reform. America needs a tax code that can more effectively drive economic growth and employment. Thankfully, in an interview shortly after his…

More…

Comments No Comments »

Comcast Corp. is making its Xfinity TV service available to subscribers with Roku Inc. set-top players via a new app, paving the way for customers of the nation’s largest cable provider to watch live programming without the cost or hassle of a cable box.

More…

Comments No Comments »

At least a few people have said they are cancelling orders for the yet-to-be-released Tesla Model 3 over Elon Musk's collaboration Trump.

More…

Comments No Comments »

Worried your frugality might’ve crossed the line into cheapskate territory? Here are 10 warning signs.

More…

Comments No Comments »

<p>Stocks fell Tuesday, the last trading day of the month, as investors continued to evaluate the latest policies from the White House, while a slew of companies posted quarterly results.</p><p></p>

More…

Comments No Comments »

President Donald Trump told drugmakers at a White House meeting Tuesday they were charging “astronomical” prices and promised to get better bargains for government health programs, in addition to finding ways to get new medicines to market faster.

More…

Comments No Comments »

Making this switch could boost the average annual payouts for retired workers by 8.9%.

More…

Comments No Comments »

<p>U.S. equities fell on Tuesday, the last trading day of the month, as investors continued to evaluate the latest policies from the White House, while a slew of companies posted quarterly results.</p>

More…

Comments No Comments »

As Muslim entrepreneur Samia Bahsoun surveyed her Asbury Park, N.J., business Monday in the wake of President Trump's temporary immigration ban, she came to an unsettling realization.

More…

Comments No Comments »

Sad!

More…

Comments No Comments »

The Trump presidential victory, The Orange Swan, has been consistently underestimated by the establishment, press, the polls and the popular consensus.
Few believed Trump could win the Republican nomination.
There was a universal view that Trump could not win the election.
Many still believe, especially after the past weekend, that his controversial agenda has little or a reduced chance to be as transformative as initially espoused in his campaign. Indeed, the president already has backed down on many of the more radical campaign issues.
And, from the night of Trump’s election victory, many…

More…

Comments No Comments »

The Federal Reserve meets this week, but there is, for all practical purposes, no chance that a rate hike is delivered. Whatever the Fed means by the gradual pace of normalization of policy, it precludes rate hikes at two successive meetings. Most market participants do not expect a hike at the next meeting in mid-March either. Bloomberg’s calculation suggests a 33% chance while the CME estimates the market has discounted a 20% chance. Our own interpolation is closer to the CME than Bloomberg.
Some investors may have been disappointed with the sub-2% reading on the…

More…

Comments No Comments »