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June 23, 2024
[ house of pain ] i have often commented the bear market needs to run the course before we can get on terra firma. Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out of the fed reserve. We wanted them off the nation of raising rates at a gradual pace because we are worried about inflation. You can ...
June 23, 2024
Raising rates at a gradual pace because we are worried about inflation. You can parse the fed statement all you want. Its exactly that. They didnt rule out a march hike. Shame on them. If jobless claims spike again tomorrow want to know if the analog fed members are really ready to tighten again despite digital deflation everywhere. In fact, i thought the whole statement was downright hawkish and bad for workers. The fed still thinks inflation could be a problem despite the decline in oil which ...
June 23, 2024
The u. S. Corporate tax rate is among the worlds highest. In a move to lower the tax bills more firms are making merger deals with Foreign Companies and moving headquarters away from the kriets with a country with a lower tax base. It is called the corps inversion. It is greed or Good Business . Thats our cover story. Wisconsin based Johnson Controls and Tyco International announced a plan to merge with a Company Headquarters in ireland. They say it is not only for tax reasons the move is expect...
June 23, 2024
Inversion. It is greed or Good Business . Thats our cover story. Wisconsin based Johnson Controls and Tyco International announced a plan to merge with a Company Headquarters in ireland. They say it is not only for tax reasons the move is expected to save 150 million a year. They are part of a trend of businesses moving overseas and lowering their tax bill, in part because the u. S. Corporate income tax is 39 , among the highest in the world. Although with the deductions and loopholes few compan...
June 23, 2024
Anthony bourdain if he was afraid of everything. On the money starts right now. This is on the money, your money, your life, your future. Now becky quick with. The u. S. Corporate tax rate is among the worlds highest. In a move to lower the tax bills more firms are making merger deals with Foreign Companies and moving headquarters away from the kriets with a country with a lower tax base. It is called the corps inversion. It is greed or Good Business . Thats our cover story. Wisconsin based John...
June 23, 2024
The fed reserve. We wanted them off the nation of raising rates at a gradual pace because we are worried about inflation. You can parse the fed statement all you want. Its exactly that. They didnt rule out a march hike. Shame on them. If jobless claims spike again tomorrow want to know if the analog fed members are really ready to tighten again despite digital deflation everywhere. In fact, i thought the whole statement was downright hawkish and bad for workers. The fed still thinks inflation co...
June 21, 2024
Offensive. Its troops are pushing deeper into gaza to destroy rocket launching sites and tunnels. The israeli advance follows 10 Straight Days of attacks. The markets regaining their composure, shrugging this off. The dow just about 50 points shy from wiping out yesterdays tripledigit loss. At what point does all the global turmoil derail the market . Here is peter schiff, europacific capital. We have cot martin with us, united advisors chief Market Strategist and also a fox Business News contri...
June 21, 2024
Yesterdays big sell off. The snap back came despite growing concern about global terrorism and worldwide condemnation of the downing of that malaysian airliner yesterday but the u. S. Believes ukrainian separatists backed by russia. At the white house today, president obama revealed one american, a u. S. And dutch citizen was on board the downed jet while he called for a seize fire by russian separatists and a thorough investigation into the cause of the incident. This was a global tragedy, an a...
June 21, 2024
The snap back came despite growing concern about global terrorism and worldwide condemnation of the downing of that malaysian airliner yesterday but the u. S. Believes ukrainian separatists backed by russia. At the white house today, president obama revealed one american, a u. S. And dutch citizen was on board the downed jet while he called for a seize fire by russian separatists and a thorough investigation into the cause of the incident. This was a global tragedy, an asian airliner was destroy...
June 21, 2024
Yesterdays big sell off. The snap back came despite growing concern about global terrorism and worldwide condemnation of the downing of that malaysian airliner yesterday but the u. S. Believes ukrainian separatists backed by russia. At the white house today, president obama revealed one american, a u. S. And dutch citizen was on board the downed jet while he called for a seize fire by russian separatists and a thorough investigation into the cause of the incident. This was a global tragedy, an a...