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Weekend Reading: Dow 24,000 By Christmas

Authored by Lance Roberts via RealInvestmentAdvice.com, *This past week, the Dow crested 23000 sending the networks into a “tizzy.”* It took about 5-minutes of crossing that magical “round..
Zero Hedge

US Spent A Record $4 Trillion In Fiscal 2017, Pushing Deficit To $666 Billion

us spent a record $4 trillion in fiscal 2017, pushing deficit to $666 billion
One year ago, the CBO forecasted that Fiscal 2017 deficit (for the year ended September 30), would be in the mid-$500 billion range. It was not meant to be, however, and on Friday the Treasury reported..
Zero Hedge

Videos for mnuchin

News video: Trump Nears Decision On Who Will Replace Fed Chair Janet Yellen

Trump Nears Decision On Who Will Replace Fed Chair Janet Yellen 00:37

Federal Reserve Governor Jerome Powell is the leading candidate to become the chair of the U.S. central bank. According to Politico, President Donald Trump concluded a series of meetings with five..
Source: Wochit Headline News -

News video: Tax Tactics

Tax Tactics

Tax Tactics
Source: KFTA -

News video: Mnuchin: Fix Taxes or will Dip FX

Mnuchin: Fix Taxes or will Dip FX

Mnuchin: Fix Taxes or will Dip FX
Source: KFTA -

News video: Mnuchin: Cut Taxes or Markets Dip KNWA

Mnuchin: Cut Taxes or Markets Dip KNWA

Mnuchin: Mess with Taxes or Markets Dip KNWA
Source: KNWA -

News video: Video: Billionaire David Rubenstein on His Biggest Worry for the Economy

Video: Billionaire David Rubenstein on His Biggest Worry for the Economy 00:50

Billionaire private equity guru David Rubenstein, co-CEO and co-founder of The Carlyle Group , is always worried about an unforeseen geopolitical event. "Something in North Korea, something in the..
Source: The Street -

 

Stocks Hit New Record Highs, Dollar Jumps On Senate Vote; Japan Has Longest Winning Streak In History

stocks hit new record highs, dollar jumps on senate vote; japan has longest winning streak in history
Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for..
Zero Hedge

Tax-plan proponents: Show us your returns

The tax plan proposed by President Donald Trump, Treasury Secretary Steven Mnuchin and President Trump’s chief economic adviser, Gary Cohn, insist that the proposed tax cuts will not benefit them,..
Seattle Times

S&P Spikes Into The Close On Politico Report Trump Leaning Toward Powell For Fed

s&p spikes into the close on politico report trump leaning toward powell for fed
One week after Politico reported *for the second time *that Trump, and Treasury Secretary Steven Mnuchin, were leaning toward Fed governor Jerome Powell for Fed Chair, Politico's Ben White and Josh..
Zero Hedge

Trump leaning toward Powell for Fed chair, officials say

Powell has been heavily favored by Treasury Secretary Steven Mnuchin, who is leading the search.
Politico

Mnuchin: Failure to pass tax cuts could wipe stock market gains

If Congress does not enact tax cuts this year, stock market investors could see recent gains disappear, Treasury Secretary St -More- 
SmartBrief

BofA Lists 10 Triggers For The Next Crash: "It's Coming Between Thanksgiving And Valentine's Day"

bofa lists 10 triggers for the next crash: it's coming between thanksgiving and valentine's day
Back in mid-July, BofA's chief investment strategist Michael Hartnett predicted that the "most dangerous moment for market will come in 3 or 4 months." Well, we are now "between 3 and 4" months since..
Zero Hedge

Here Are The Reasons Why Another Government Shutdown Looms

here are the reasons why another government shutdown looms
It seems that it was just yesterday when the market was celebrating Trump's avoidance of a government shutdown due to an "unprecedented" bipartisan deal with Democrats, which left Republicans out in..
Zero Hedge

Turns out it will be Congress’ fault if the stock market crashes

With the help, specifically, of Congress, which Treasury Secretary Steven Mnuchin warned must pass tax cuts or be saddled with a correction in equities after their 20 percent jump since Election Day...
Denver Post

Global Markets Shaken By Sudden Equity Sell-Off: Hang Seng Crashes, VIX Surges

global markets shaken by sudden equity sell-off: hang seng crashes, vix surges
Has the market's "melt-up" levitation finally ended? Of course, it could be much worse: as Bloomberg's Paul Jarvis recalls, thirty years ago on this day traders around the globe were staring at their..
Zero Hedge

Authers’ Note: Mnuchin’s Warning

FT’s daily newsletter on the world of investment
FT.com

STOCKS CLIMB: Here's what you need to know

stocks climb: here's what you need to know
Wednesday was another installation in the continued pattern of low volatility and modest gains.  The S&P 500 has closed higher for five days in a row but has only gained about 0.41% in that..
Business Insider

Daily briefing: Xi’s epic address, Mnuchin warning and hacker army

Party conclave likely to cement president’s status as a transformative leader
FT.com

Mnuchin warns of 'significant' stock market drop if tax reform fails


L.A. Times

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