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It’s not about what happened today, it’s about what will happen tomorrow that counts.

Trump and the Republican’s failed effort to overturn and replace Obamacare- Contrary to popular opinion, that’s a bullish development. The CBO estimates repeal and replace would save the Government $323 billion over 10 years. That’s a big withdrawal of money from the economy and would be the opposite of a stimulus. Moving on to tax […]

Trump Says If Vote on Health-Care Bill Fails, Obamacare Stays – WSJ

In a brilliant piece of brinkmanship, Trump distances himself from Ryan’s unpopular replacement for Obamacare. If fixing the broken healthcare system was simple, they would have done it already.  The repeal of Obamacare was a huge withdrawal of government stimulus.  Let’s hope repeal fails and our government can start listening to caregivers about how to […]

Political jitters send retail investors fleeing from European corporate bonds

Retail investors have fled high grade European bonds at their fastest weekly rate in seven years according to analysis from JPMorgan, highlighting escalating fears over a packed roster of major elections in the coming months.Over €1bn was pulled from investment grade euro corporate funds last week, according to the US investment bank, which is warning […]