I feel like we’ve been waiting forever for something tangible to come out of Trump’s presidency policy wise. We’ve had plenty of scandal, plenty of outright craziness but not much in the way of big ticket policy items, especially since his Healthcare plan fell apart repeatedly in Congress. Looks like Obama making Presidency look easy doesn’t quite […]
Tag: donald trump
How Amazon Became the Everything Store
It feels like through out this year, Amazon and its visionary founder Jeff Bezos have been in the news pretty much round the clock. The company has been hitting new highs on the market, pushing Bezos up to the second richest person in the world and fast gaining on the richest. It’s launching in India, […]
50 Ways To Save Money Daily
I don’t talk much about savings, usually because I believe that it’s always better to make more rather than always obsessing over spending less. However, I do know that there is no real way to make money long term if you don’t adopt a frugal mindset. Plus, my life over the last one year has been one […]
Trump Announces A Dramatic Tax Overhaul
The Trump administration just announced a tax plan that is eye popping to say the least. The plan includes a number of proposals which include: slashing the top business tax rate from 35% to 15% reducing the 7 individual tax brackets to 3, which are 10%, 25% and 35% each doubling the standard deduction from $12,400 […]
The Trump Rally Continues: The Dow Crosses 19,000.
Continuing the stock market rally since Donald Trump’s election, the Dow, Nasdaq and S&P 500 all hit new all time highs simultaneously yesterday. And then this morning, the Dow crossed 19,000 for the first time in it’s history, briefly touching 19,015 before coming back down to 18,988.81 as at writing. Like I have said before, […]
Donald Trump Cost Bond Investors over $1 trillion (And It’s A Good Thing)
The last few weeks have cataloged the meltdown of the bond markets with rates spiking up and prices slumping as investors moved out of the safety of bonds and stocks rallied. All told, it costs investors about $1 trillion in losses on the value of their bond holdings, while institutions that make money from higher […]
Why Bank Stocks Rallied 35% Today
Discussing the potential impact of a Trump presidency on the stock market, I highlighted a number of sectors that should see positives, banking among them. Today, the banking sector rallied over 35% as a group, reversing their previous YTD loss to a significant gain. It was the single biggest one day increase since the financial […]
