It is the 21st of September 2019

News

The One Question Goldman's Clients Are Asking This Week: "Where To From Here?"

Two weeks ago, Goldman's clients were so worried about an imminent crash, the investment bank's chief equity strategist, David Kostin enumerated no less than 7 reasons why, as Goldman itself admitted, "the question every client asks: Is an equity correction imminent?” As a reminder, the reasons - summarized - were the following:

Read More

Right "Explodes In Anger" Over Trump's New Immigration Push

Trump's base woke up to a fairly surprising flip-flop this morning from the White House on DACA and the infamous, beautiful border wall which was discussed repeatedly on the campaign trail throughout 2016.  It all started when Chuck Schumer and Nancy Pelosi released the following statement after their White House dinner with the President last night:

Read More

House To Vote On Harvey Aid Bill Wednesday, Senate To Combine With Debt Limit Extension

Appending to an earlier announcement by House Majority Leader Kevin McCarthy, according to whom the House would not add Harvey disaster funds to any debt ceiling bill, Dow Jones reports that Republican lawmakers are set to vote on the Harvey aid bill on Wednesday, and instead of raising the debt ceiling, they - or rather the Senate - will suspend it, likely kicking the can until some time in December when the whole farce would repeat itself again, although the exact length of the extension remains under discussion.

Read More

Featured Apps