Donald Trump Market News Opinion Peter Schiff 

Record-Breaking U.S. Economy Has A Massive Recession Deficit – Here’s Why

A soaring U.S. budget deficit is proof the economy is not well, the chief global strategist of a major investment broker warned this week. He predicted the Great Recession in multiple cable news appearances from 2006 – 2007 when others were wildly bullish. Even if all is well, for now, wild deficit growth during economic expansion leaves less room for fiscal stimulus if a recession does strike. The U.S. economy is aiming to extend a stunning record-long decade of expansion into the eleventh year. Markets see plenty of reasons to…

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Airbus Boeing Donald Trump Market News Op-ed 

Why Boeing Desperately Needs Donald Trump to Win the 2020 Presidential Election

A record-high U.S. defense budget could turn out to be Boeing’s saving grace as problems mount. For that to continue, the company is relying on a second term for President Trump. Boeing is also benefiting from Trump’s negotiation with China. Almost one year after Boeing (NYSE:BA) grounded its ill-fated 737 MAX series of narrow-body planes, the consequences are continuing to be felt. On Tuesday, Boeing disclosed that jetliner deliveries fell to a 14-year low in 2019. This was a drop of about 53% from 2018. New orders for commercial jets…

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Donald Trump michael bloomberg Op-ed Politics 

Cringy Bloomberg Tweets Expose Ex-NYC Mayor as Trump Wannabe

Michael Bloomberg’s campaign posted over 40 “zany” tweets on Twitter during last night’s Democratic debate. Bloomberg’s team is likely imitating attention-seeking Trump’s media strategy. The strategy is likely an attempt to compensate for Bloomberg’s failings as a candidate. Michael Bloomberg is rapidly morphing from respected New York City mayor to Donald Trump wannabe. He was already a billionaire self-funding a White House run after swapping political parties. But the similarities are growing by the day, as revealed by the Bloomberg campaign’s strange behavior during last night’s Democratic debate. Bloomberg Campaign…

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china Donald Trump Dow Jones Market News 

Dow Reverses Sharply After Trump Tariff News Rocks Stock Market

An unexpected report on U.S. tariffs smacked the Dow off its record high above 29,000. The outlook for U.S.-China trade negotiations suddenly looks less clear on the eve of the “phase one” signing ceremony. A soft CPI release hints at a worrying trend in U.S. macro data. The Dow Jones shot to a record high above 29,000 on Tuesday, fueled by a strong rally in Boeing (NYSE: BA). But the rally failed to hold after a report that tariffs on China will remain throughout the 2020 election hammered the stock…

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barack obama Donald Trump Hillary Clinton Iran Op-ed Politics 

3 Things Trump Is Scheming to Achieve by Hypocritically Attacking Iran

Tensions between the US and Iran have spiraled toward all-time highs. President Trump has plenty of personal agendas to satisfy by attacking Iran. Here are three things Trump seems to be accomplishing with his recent moves. President Trump unleashed a lethal airstrike in Baghdad on Friday that led to a massive escalation in tensions between the United States and Iran. Among those killed was Qassem Soleimani, the head of the Iranian Revolutionary Guard’s overseas forces. He was “extraordinarily” close to the supreme leader of Iran. As tensions spike, the question…

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2020 presidential elections Donald Trump Joe Biden Op-ed Politics 

Trump Impeachment is a $46 Million Dollar Mistake That Could Cost Democrats the White House

The impeachment proceedings have helped Trump record his best fundraising quarter yet. The ordeal will take away from Democrat candidates’ campaigns. The Senate trial could drag Joe Biden through the mud. While the new year signifies a clean slate for most, President Donald Trump still has an impeachment trial hanging over his head. Democrats argued that the evidence against Trump is overwhelming, that his abuse of power is a glaring fact not even his biggest supporters can ignore. But ignore it they have—and then some. Now that Trump has been…

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bernie sanders Donald Trump Joe Biden Politics 

Bernie Sanders Crushes Biden in 2020 Fundraising with $108M Total

Sen. Bernie Sanders has raked in more 2020 campaign cash than any other Democratic presidential candidate. Though Joe Biden leads in the polls, his fundraising warchest is unlikely to crack the top three. Mayor Pete Buttigieg’s does.* Donald Trump heads to November with an enviable $102 million warchest remaining of a $211 million raised in total toward this election cycle. It wasn’t just a good fourth quarter for Bernie Sanders. The Vermont Senator and progressive White House contender for the 2020 Democratic nomination announced a $34.5 million fundraising haul last…

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Donald Trump Fox News Joe Biden Politics 

President Donald Trump’s 5 Most Savage Tweets of 2019

He may have been impeached, but President Donald Trump hasn’t slowed down one bit in 2019 when it comes to dropping sick birds on Twitter. The Commander-in-Tweet was on fire in 2019. Here are five tweets that stand out on @realDonaldTrump’s timeline. It should be no surprise that America is being ruled by the most social media savvy politician to ever come along since Facebook and Twitter came to dominate our way of life. Donald Trump stood out early from the other candidates in 2016 for fundamentally grasping the nature…

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apple Business News Donald Trump LVMH microsoft 

How the Mega-Rich Raked In $500 Billion in 2019

The mega-rich saw their net worth spike to $5.9 trillion in 2019 as the Trump economy continued to expand. Strong fundamentals are expected to push the stock market further up in 2020. Top billionaires saw big gains through stocks and emerging assets. The Trump economy is continuing to march forward, and the rich are now collectively worth $5.9 trillion. Heading into 2020, billionaires are likely to get even richer. A rise in market liquidity, a low benchmark interest rate, and the strong upsurge in U.S. stocks will further boost the…

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Donald Trump nancy pelosi Opinion Politics 

Trump’s Mental Health, Not Impeachment, Could Be His Undoing: Professor

Trump’s mental health has been the focus for many over the past week as impeachment proceedings dragged on. While he’s unlikely to be ousted from the White House over the Ukraine scandal, his letter to Nancy Pelosi could contribute to another effort to strip him of his title. A Yale psychiatrist says as Trump’s colleague, Pelosi, could order an involuntary psychiatric evaluation. In 2019, President Trump became the third president in history to be impeached. That isn’t likely to get him out of the White House, though. The Republican majority…

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