The Fed Open Market Committee (FOMC) concluded its two-day policy meeting yesterday with no real surprises. As expected, the Committee left the Fed Funds rate range unchanged at 0.25% to 0.50%. The vote to take no action passed 9-1 with only Kansas City Fed President Ester George dissenting. The official policy statement noted that the… Continue Reading
Category Archives: 2016 Elections
How The US Stock Market Usually Decides Our Next President
If Donald Trump is your man, your investment portfolio might have to take a hit in order for him to make it into the White House. On the other hand, if Hillary Clinton is your candidate, you could see your investment portfolio rise and get the first woman president. Let me explain. For an idea… Continue Reading
The Justice Ginsburg Vs. Donald Trump Dust-Up
When was the last time you saw or heard a sitting Supreme Court Justice criticize a presidential candidate, or any other politician for that matter? The answer is probably NEVER… that is until the last week or so. For as long as I have been following politics (over 40 years), Supreme Court Justices have… Continue Reading
Breaking News: More White Voters Than Previously Thought
As reported last week in the NEW YORK TIMES, new analysis by Nate Cohn of The Upshot showed that millions more white, older, working-class voters went to the polls in 2012 than was previously found by exit polls on Election Day. This raises the prospect that Donald Trump has a significantly larger pool of potential… Continue Reading