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[Bloomberg] Stocks Gain on U.S. Tax Plan; Treasuries Decline: Markets Wrap [Reuters] Republicans confident tax bill to become law this week [Bloomberg] Market’s Extreme Calm Will Likely Become a Thing of the Past [Bloomberg] HNA Liquidity in Question as Citic Bank Cites Repayment ‘Issues’ [Bloomberg] The Mysterious Chinese Company Worrying the World [Bloomberg] Goldman Says […]
[Reuters] No. 2 U.S. Senate Republican expects tax bill will pass, eyes Tuesday [NYT] What’s in the Tax Bill, and How It Will Affect You [WSJ] The Fast and the Financed: China’s Well-Funded Auto Startups Race to Overtake Tesla [FT] Bank of Japan meeting to end active month for central banks
[Bloomberg] GOP Charges to Tax-Cut Finish Line [Bloomberg] GOP Tax Plan Sets Higher Rate Than Expected on Offshore Earnings [Bloomberg] Merkel Ally Draws Red Line in Talks [NYT] The Next Crisis for Puerto Rico: A Crush of Foreclosures [WSJ] GOP Is Poised to Pass Sweeping Tax Overhaul [FT] Trump to accuse China of ‘economic aggression’
Janet Yellen’s Wednesday news conference was her final as Fed chair. Dr. Yellen has a long and distinguished career as an economist and public servant. Her four-year term at the helm of the Federal Reserve is almost universally acclaimed. History, however, will surely treat her less kindly. Yellen has been a central figure in inflationist […]
[Bloomberg] U.S. Stocks Rise, Dollar Steady Amid Tax Debate: Markets Wrap [Bloomberg] Here’s Where the GOP Tax Plan Stands Right Now [The Hill] Obstacles emerge as GOP races to tax finish [CNBC] Changes coming in the tax bill to be released Friday, and some of the reasons for them [CNBC] Fed officials are casting doubt […]
A balanced portfolio approach – where gold and silver fit will be covered in today’s golden rule radio. Gold and silver bounce on the FOMC Dec 13 announcement. The Fed raises rates and expects three rate hikes in 2018, the markets however are doubting additional hikes in 2018. We’ll recap the seasonal movements of gold […]
[Bloomberg] U.S. Stocks Rise, Euro Slips on ECB Inflation View: Markets Wrap [Bloomberg] U.S. Retail Sales Jump More Than Forecast in Broad Advance [Reuters] U.S. import prices surge in November [Bloomberg] Two GOP Senators Slam Tax Cuts for Rich, But How Will They Vote? [Bloomberg] ECB Keeps Policy Unchanged as Investors Seek Economic Update [Bloomberg] […]
[Bloomberg] Dollar Drops After Alabama Vote; Asia Stocks Mixed: Markets Wrap [Bloomberg] U.S. Inflation Picks Up on Energy Costs; Core Gauge Slows [Bloomberg] Fed 2018 Dots in Focus for Yellen Swan Song: Decision Day Guide [Reuters] With rate hike in the bag, Fed may hint at Trump effect on economy [CNBC] Doug Jones’ apparent win […]
