Once again, Trump on defense As last week should establish beyond doubt, the only free media Trump will get from here on is the kind that makes him look like Beelzebub. MoreTrump is about to make his most important economic speech yet — what to expect
August 7, 2016
Happy New Week!
Stocks are punching thru to new highs and today's futures see 'em up again +1.03%. We got metals @ -1.71% as gold and silver now trade at $1,332.17 and $19.76.
No major econ numbers today.
Headlines:
With Infrastructure, Trump & Clinton are Both Wrong - Steve Moore, WT
We're In a Low-Growth World, How Did We Get Here? - Neil Irwin, NYT
Keep Calm, This Isn't 2008 All Over Again - Gerard Lyons, Daily Telegraph
Sell It All? This Stock Market Really Dares You To - Mark DeCambre, MW
The IPO Market Appears on Verge of a Launch - Brian Deagon, Investor's
Why Won't the Economy Catch Up To Jobs? - Mark Whitehouse, Bloomberg
Threads:
IBD...still talking about the stupid convention speeches. Catch up, boys and girls.
Trump wants a HUGE tax cut like Reagan’s or even bigger that would increase tax revenue like it did after the Reagan and Kennedy tax cut.
The Globalist/Establishment are furious about this.
They want break America. They like Hillary’s plan to increase taxes on the middle class. Hillary even openly promotes taxing the middle class. I watched her say it.
She says it at 1 minute and 15 seconds.
Actually before Obama came into office. Yet he was elected two times. I think the 'right track' poll is badly overestimated as an election predictor.
It isn't just you. We've gotten the point of picking our news based on preference. If you want to hear how well Trump's doing check Breitbart or Foxnews. If you want to hear how well Hillary is doing check MSNBC or CNN. Been this way for years but it does seem much worse this time around. I compared the top stories on Fox and MSNBC the other day. MSNBC: Trump poll numbers plummet. FOX: Obama pays 400 million for hostage return.