Why Everything Is Being Blamed On Putin
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Authored by Glenn Greenwald, originally posted at The Intercept,
Authored by Glenn Greenwald, originally posted at The Intercept,
Shortly before the market close on Thursday, retailers stumbled on one single Reuters headline: Trump says he supports "some form" of border tax.
As Reuters elaborated, President Donald Trump on Thursday spoke favorably about an export-boosting border adjustment tax proposal being pushed by Republicans in the U.S. Congress, but did not specifically endorse it. Trump had previously sent mixed signals on the proposal at the heart of a Republican plan to overhaul the U.S. tax code for the first time in more than 30 years.
Mnuchin hit the reset button and then asset gatherers spent the day like this...
The Dow topped 20,800 shrugging off any fears from Mnuchin...thanks to a VIX slam...
The Banks Will Not Be Denied Franchises and are Buying Into Exchanges
written by Soren K. for MarketSlant
The US national debt has been reduced by a staggering 12 billion dollars during President Trump’s first month in office. Inheriting a national debt of $19,947 billion – an enormous figure that was thought irreversible and had been blowing out by billions every day Obama was in office – President Trump immediately got to work and began turning the situation around. On February 21st, just month later, the US debt load stood at $19,935 billion – a reduction of $12 billion, and the first time in decades a President has turned the debt clock backwards.