CNN is officially a failing company, according to a recent YouGov poll that reveals public trust in the news organization has fallen to its lowest point ever. CNN now trails behind both Fox News and MSNBC in public trust in the last few months, following their pro-Clinton biased reporting during the 2016 presidential election and beyond.
"It's T-Day" as one trader put it this morning. President Trump will address a joint session of Congress tonight for the first time as president in a much anticipated speech in which he will tell lawmakers the “time for small thinking is over,” and “the time for trivial fights is behind us,” as he lays out his policy agenda.
The Guardian reports that in a contrast to Trump’s gloomy inauguration day “American carnage” speech, the mood this evening is expected to be lighter.
"It's T-Day" as one trader put it this morning. President Trump will address a joint session of Congress Tuesday night for the first time as president in a much anticipated speech with a lot of hyped-up hope hanging on it.
As The Hill notes, the speech isn’t an official State of the Union - that will come next year - but it’s a chance for Trump to set out his legislative priorities after a tumultuous first month that has at times rattled congressional Republicans.
After previously announcing plans to withdraw at least $15 billion to fund 2017 budget deficits, the $860 billion Norwegian sovereign wealth fund announced last December that it would change it's portfolio allocations to try to make up for the withdrawals. The change would eventually result in 75% of the fund's capital being allocated to global equities, up from the previous 60% allocation...you know, because equities never go down so more is always better.