Trump speech to emphasize military, Obamacare. Stocks trade flat

WASHINGTON, February 28, 2017 – The online edition of Fortune has run an AP report indicating that President Donald Trump’s Tuesday evening address to a joint session of Congress will emphasize big boosts to defense spending and law enforcement, commensurate big cuts to most areas of the President’s upcoming budget-particularly aiming at the EPA, but at… Please follow and like us:

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Bush Breaks Long Silence to Pan Trump

In a significant break from previous reluctance to criticize his immediate successor, former President George W. Bush criticized President Donald Trump during an appearance on the Today Show on Monday. Bush launched subtle but direct slings at Trump for his travel ban and his lively relationship with the mainstream media. “I would bet real money that… Please follow and like us:

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Islamic State on Brink of Financial Collapse, Report Finds

The business model of Islamic State is failing, and the terror group will soon likely collapse financially, according to a detailed analysis of IS finances by the London-based International Center for the Study of Radicalization, and accounting group Ernst & Young. Islamic State is often cited as the richest terrorist organization ever to have existed; but,… Please follow and like us:

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Saudi Arabia wants oil prices to rise to $60 in 2017

Saudi Arabia wants crude oil prices to rise to around $60 a barrel this year, five sources from OPEC countries and the oil industry said. This is the level the OPEC heavyweight and its Gulf allies – the United Arab Emirates, Kuwait and Qatar – believe would encourage investment in new fields but not lead to… Please follow and like us:

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Data is the new petroleum

SILICON VALLEY, CA. – A new era of anthropological evolution is upon us. Every 500 years or so, a great leap forward takes place. Egypt, the Sphinx and the Great Pyramids. The Roman Empire (eschewing the setback of the Dark Ages), the Renaissance and rise of the British Empire (followed by the Pax Americana) come to… Please follow and like us:

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Trading Diary: A fine line between investing profit and loss

WASHINGTON, February 27, 2017 – We read a stock market analyst’s comment on the CNBC web site today that made us nervous: “‘We have transitioned from an interest-rates driven bull market to an earnings-driven bull market. That’s the main story,’ said Jeffrey Saut, chief investment strategist at Raymond James. ‘I think we’ve got another six, seven… Please follow and like us:

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McCain, Thornberry Decry Trump Pentagon Budget Boost

President Trump and Defense Secretary Jim Mattis WASHINGTON: President Donald Trump is pledging “an historic increase in defense spending” of $54 billion to $603 billion for the fiscal 2018 budget, but neither Congressional Republicans nor defense budgets experts were very impressed at first glance. “Such a budget request would represent an increase of $18.5 billion above… Please follow and like us:

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The Rise Of Passive And Indexed-Based Investing, And Its Effect On Market And Liquidity Risk

The most profound developments in the investment markets in the last 20 years have been the growth of indexed-based investing and the move to passive fund management. Though the assets of mutual funds have increased three-fold in the last 17 years, the assets of exchange traded funds (ETFs), funds that are typically indexed, have grown 130-fold.… Please follow and like us:

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The best ways to back up all your photos to the cloud

Keep your digital memories safe David Nield/Popular Science Photo collection Backing up your photos to the cloud lets you to access them from any device If your mobile phone (or laptop) falls in a lake, what happens to those years of digital photos you’ve been saving up? Unless you’ve got them safely backed up somewhere else,… Please follow and like us:

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‘Trumpomania’ Cools in Russia

Once, there was effusive coverage on Russian state media. Once, Duma lawmakers offered champagne toasts and ovations to celebrate “our man in the White House.” And once, above all else, there was optimism: a sense among Russians that, after years of deeply contentious relations between the Kremlin and the Obama administration, a Donald Trump presidency would… Please follow and like us:

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Trump Looks to Boost Pentagon Spending, Cut State Dept. Budget

U.S. President Donald Trump is kicking off the long federal budget process with proposals to increase defense spending, while making cuts to budgets for the State Department and other agencies such as the Environmental Protection Agency. Administration officials say the White House is detailing its vision for federal spending in a memo to agencies on Monday.The… Please follow and like us:

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Oscars Prove Again They’re Out of Touch

It didn’t take long for the 89th Academy Awards to prove how out of touch and lame the Hollywood ceremonies have become. Despite many people on social media begging for the awards show to try something original and not go the predictable route of playing its humor to the extreme leftists in the room — host… Please follow and like us:

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The urgent need to restrain an out of control judiciary

COLORADO SPRINGS, Colo., February 26, 2016 – Alexander Hamilton got it wrong: The federal judiciary has become the most powerful branch of the federal government. We’ve seen it in just the last few weeks. On February 3, U.S. District Judge James Robart ruled in favor of Washington Attorney General Bob Ferguson, who sued to invalidate key… Please follow and like us:

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Russia’s new game in Afghanistan

A resurgent Russia is making new inroads into Afghanistan, not in the way the former USSR did, but by aligning itself with some of the very extremists whose leaders were involved in the defeat of the Soviet Union’s decade-long invasion of Afghanistan. In December 2016, Moscow disclosed its contacts with the Taliban, the group that is… Please follow and like us:

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New threat to U.S. economy identified

A new threat to the troubled U.S. economy has been identified, and it’s called “fiscal space,” says a new report in Joseph Farah’s G2 Bulletin. It’s the “amount of room available for additional government borrowing,” and while it isn’t likely to create a catastrophe in the immediate future, it could start impacting mid- and long-term planning,… Please follow and like us:

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