How Donald Trump’s Tax Plan Could Affect You

Now that Donald Trump has been elected as the next U.S. president, taxpayers should start thinking about tax code changes his administration could make. According to a September analysis of Trump’s tax plan by the nonprofit Tax Foundation, some changes…

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Stocks Soar When Republicans Control It All

Starting in 2017, the Republican Party will hold the big trifecta… The Republicans will control the Senate, the House of Representatives, and the Presidency. This is an incredibly unusual event… It has only happened twice going back to 1950. (Once…

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Global Stocks Drop; Futures Hints At Longest Losing Streak Since December 1980

With yesterday’s, 8th consecutive decline for the S&P 500, the US equity market has now posted the longest losing streak since October 2008, although as the following WSJ chart shows, the severity of the selloff has been far more muted….

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Must Read of the Day – The Clinton Presidency Is Going to Be a Miserable Slog

For a long time now, I’ve felt that no matter who wins this election, the U.S. is in for extremely difficult times over at least the next 4 years. The reason is twofold. First, when you combine Donald Trump and…

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Why Clinton and Trump Aren’t Talking About the Retirement Crisis

Voters are anxious about their financial future–particularly about their stability after they retire from the workforce. A 2015 survey found that 86 percent of Americans believe “the nation faces a retirement crisis.” Eighty-four percent want “national policymakers to give more…

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One Major Signal That Oil Is Back

Year-to-date, oil prices have exploded higher by roughly 35%, with Brent prices hitting $50 a barrel. A big reason for the jump is the curbing of North American production, impacted heavily by lower U.S. and Canadian output. U.S. production started…

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3 Reasons You’re Crazy Not to Invest in the Stock Market

Millennials — that generation born between 1980 and 2000 — remember The Great Recession and the constant media reports of retirement accounts being decimated and stock markets falling worldwide in 2008. For a Millennial with her first paycheck or first…

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Brexit: I’ve seen more subtle propaganda coming out of North Korea

On November 11, 1947, Winston Churchill, then ex-Prime Minister of the United Kingdom, rose to speak at a debate in the House of Commons: “Many forms of Government have been tried, and will be tried in this world of sin…

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Stocks Gearing Up for a Major Move

The major U.S. stock indices finished slightly lower last week, as fears of a Brexit (the U.K. leaving the European Union) put pressure on the market. The Nasdaq 100 led the way down, losing 1.9%, and the benchmark S&P 500…

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Why Goldman Is No Longer Buying The Oil Bounce

One month ago there was some confusion when Goldman released a report in which it cut its 2017 oil price forecast due to expectations of slower market rebalancing, while at the same time boosting it near-term crude price projections due…

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