VIA “realclearpolitics.com” by Martin Crutsinger WASHINGTON (AP) — President Barack Obama sent Congress a record $4 trillion budget Monday that would boost taxes on higher-income Americans and corporations, pushing past tight federal spending caps to fund an ambitious public works program and provide middle-class tax relief. Obama’s budget, which will set off months of wrangling […]
VIA “huffingtonpost.com” by Joe Satran Driving through the farmlands of Iowa looking for fresh food to eat is a lot like sailing through the ocean looking for fresh water to drink. In the ocean, you’re surrounded by water that you can’t drink; in Iowa, you’re surrounded by food you can’t eat. Even though Iowa […]
VIA “New York Times” President Barack Obama’s 2015 State of The Union Address
VIA “thewashingtonpost.com” by Scott Clement and Dan Balz President Obama will deliver his State of the Union address Tuesday enjoying rising approval ratings that have been strengthened by rapidly improving perceptions of the economy and increased optimism about the overall direction of the country, according to a new Washington Post-ABC News poll. For the first […]
VIA “ijreview.com” by Michael Hausam Gallup has just revealed a stunning statistic that you probably haven’t heard anywhere before: Business failures now outnumber business startups. Despite data that lags by two years, take a look at this trend: Here’s a look from a different perspective: Gallup’s CEO Jim Clifton explained in the article why no […]
Monday March 3 Personal Income -Was on the strong side which indicates a good start to Q1 growth -0.3% increase -private wages and salaries increased $14.8 billion after a $9.1 billion loss last month -factors that increased personal income were mostly federal -Affordable Care Act affected government social benefit payments -Cost of Living adjustments were […]
Economic data coming out of the US right now is giving many investors the confidence needed to continue to hold on to the bull market, as the S&P breaches new-all time highs and the Dow stands a short distance away from its own. So, is data really driving the market? Are we shifting away from sentiment built on […]
Tuesday February 25th Consumer Confidence -Fell to 78.1 from 79.4 -Concerns about near term outlook for business conditions and jobs led to decrease -Consumers don’t see considerable momentum in economy in coming months -Consumer confidence is an indicator of consumer spending which accounts for 70% of economic activity Wednesday February 26th New Home Sales […]
Monday February 17th -U.S. markets were closed for Presidents Day Tuesday February 18th New York Fed Manufacturing Survey -fell to 4.48 down from 12.51 the month before -was expected to fall but only to around 8 -new orders were near 0 but anything above 0 shows expansion -this survey is used to forecast the […]
Very simply, we wanted to take a closer look at something that’s been highlighted by media and Obama admin watchers; his taste for executive Orders. Many policies have been opposed by the majority, only to get passed through by these centralized devices that allow a leader to bypass other branches of power. Let’s look at […]
