It is the 12th of November 2019

News

It's Official, Obamacare Rate Hikes Are Trump's Fault

Obamacare premiums have been exploding higher ever since the controversial legislation took over health insurance markets.  And while many would say that another year of premium increases is a logical extrapolation of a predictable, multi-year trend resulting from a failed policy, others would like for you to believe that the massive (yet consistent) premium increases being proposed for the 2018 plan year are unique because they're Trump's fault.

Read More

Treasury To Issue Half A Trillion Dollars In Debt In Q4

In the first warning sign that the US Treasury is burning through more cash than previously expected, at 3pm today the Treasury Department announced that in its latest forecast of end-of-September cash balance it anticipated only $60 billion of cash on hand, nearly half the $115 billion it forecast in its previous report in May, according to the Department’s marketable borrowing estimates.  The treasury also expects to borrow $96 billion in net marketable debt in the current quarter, down from $98 billion forecast previously.

Read More

Dan Loeb: "None Of Our Early Predictions Have Come To Pass"

Below are some key highlights from Third Point's latest Q2 letter, in which we find that Dan Loeb, despite some early market turbulence and thesis drift, has again managed to do what 95% of his peers have been unable to do, outperforming the S&P YTD and returning 10.7% through June 30, up 4.6% in the second quarter.

Read More

Trump Threatens To End Obamacare Payments And "Insurance Bailouts" Unless Repeal Passes

With the Senate having failed to repeal Obamacare, after a critical "Nay" vote by John McCain crushed Trump's biggest campaign promise shortly after midnight on Thursday, Trump is plans to kill Obamacare slowly, and this time he has vowed to take insurance companies and members of Congress down with it.

Read More

Hillary Clinton Book, Set To Drop In September, Can Be Summarized In Two Words: 'Russia' & 'Comey'

Hillary Clinton is set to drop a new book in September detailing her latest presidential campaign and we bet you can't even begin to imagine what the focus of the book might be...actually, you probably guessed "Russia" and/or "Comey" and you're exactly right...in fact, we suspect that you basically managed to summarize the entire book in just two words. 

Read More

Featured Apps