Stock market rebounds after four-day losing streak Via The Washington Post: Stocks on Wednesday climbed back from their epic Christmas Eve plunge as all three indexes posted big gains. The Dow Jones…
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Stock Market Drops 400 Points After Treasury Secretary Checks On Banks Liquidity
Treasury Secretary Steven Mnuchin The U.S. stock market plummeted 400 points on opening this morning after it was revealed Treasury Secretary Steven Mnuchin called the CEO’s of the nation’s largest bank to…
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Trump Thanks Himself For Holiday Gas Prices Higher Than Obama’s
Donald Trump Capping off a Thanksgiving weekend which began with Donald Trump telling reporters he was most thankful for his family and himself, this morning he took to Twitter to thank himself…
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Stock Market Suffers Deep Decline Over Trump Trade Wars, Tech Stocks
The Dow Jones Industrial Average for the week Wall Street took a dive Tuesday turning negative for the year. Target led the way after reporting weaker than expected earnings for the previous…
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Dow Drops 1,300 Points In Two Days
In a drastic market sell-off, the Dow Jones Industrials plummeted over 1,300 points in two days. Donald Trump loves to point to the stock market as proof of his success as president.…
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Donald Trump Doubles Down On Steel/Aluminum Tariffs
Donald Trump Less than 24 hours after announcing tariffs on steel and aluminum imports, Donald Trump triumphantly tweeted, “Trade wars are good, and easy to win.” From The New York Times: Mr.…
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Stock Market Plummets Over 1,000 Points For 2nd Time In Four Days
Another huge drop in the stock market today. Today’s losses mark the second biggest point drop ever closing down over 1,000 points. The biggest point drop ever was on Monday of this…
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Trump Takes Credit Yet Again For The Obama Economy
Donald Trump took to Twitter on the last day of 2017 to boast yet again about the economy: If the Dems (Crooked Hillary) got elected, your stocks would be down 50% from…
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News Round-Up: August 4, 2017
Some news items you may have missed: • Celebrating #FurryFriday at The Randy Report #grrr • The U.S. economy added 209K jobs in July, bringing the unemployment rate to 4.3%. • The…
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Video Of The Day: Bill Maher On Economic Facts
(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = “//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.3”; fjs.parentNode.insertBefore(js, fjs);}(document, ‘script’, ‘facebook-jssdk’)); Bill Maher slams the Obama-hating 2016 Republican…
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Nasdaq Closes at 5008 – First Time Over 5000 Since 2000
True story: in 2000 I was performing in CHICAGO the Musical in Las Vegas with the national touring company. We played there for a year from Spring 1999 to Spring 2000. I…
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US Economy Grows At Fastest Pace Since 2003
From CNN: Gross domestic product soared 5% on an annual basis in the third quarter, the government said on Tuesday. To put that in perspective, it’s the strongest quarter of growth since…
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Dow Industrial Index Closes At (Another) Record High
After the Federal Reserve affirmed today it’s commitment to keeping short term interest rates low for a “considerable time,” the Dow index closed at a record high of 17,156, also hitting an…
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Tweet of the day
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Worst Socialist President Ever
The AP is reporting the Dow Jones Industrial Average is currently trading above 17,000 for the first time after the latest strong jobs report. US employers hired 288,000 new employees dropping unemployment…