Donald Trump hails economy after first year

President Trump marks his first year in office Saturday riding a wave of strong economic news, including a record-high stock market, a low unemployment rate and computer giant Apple’s decision to bring back hundreds of billions of dollars from overseas and create 20,000 U.S. jobs, spurred by Republican tax cuts. For the past year, Mr. Trump… Please follow and like us:

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Mulvaney’s first funding request for the Consumer Financial Protection Bureau: zero

WASHINGTON — In his first quarterly funding request as acting director of the Consumer Financial Protection Bureau, Mick Mulvaney is asking for nothing. “This letter is to inform you that for the Second Quarter of Fiscal Year 2018, the Bureau is requesting $0,” he wrote Wednesday to Janet L. Yellen, chair of the Federal Reserve, which… Please follow and like us:

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Wall Street Criminals Continue Their Fraud And Theft: NO JAIL TIME – America’s Lawyer

To learn more about this topic, visit AL.Law Via America’s Lawyer: Mike Papantonio talks with Danielle DiMartino Booth about how a new federal lawsuit says Goldman Sachs and other Wall Street banks rigged the U.S Treasury Bond Market to gain profits for themselves. Transcript: Mike Papantonio: A new federal lawsuit filed in Manhattan says Goldman Sachs… Please follow and like us:

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JPMorgan Says Too Much MiFID II Transparency Might Hurt Market Liquidity

As MiFID II approaches – and the majority of bulge bracket research providers have decided to eat the cost of research rather than charge for it – the looming concern is market liquidity amid MiFID II transparency. Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save… Please follow and like us:

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Wall Street Criminals Continue Their Fraud And Theft: NO JAIL TIME – America’s Lawyer

To learn more about this topic, visit AL.Law Via America’s Lawyer: Mike Papantonio talks with Danielle DiMartino Booth about how a new federal lawsuit says Goldman Sachs and other Wall Street banks rigged the U.S Treasury Bond Market to gain profits for themselves. Transcript: Mike Papantonio: A new federal lawsuit filed in Manhattan says Goldman Sachs… Please follow and like us:

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Editorial: The Taxpayer Hush Money Fund protects sex abusers in Congress

An editorial from the Chicago Tribune: ——— If you’re a victim of sexual harassment and you work for Congress, you can’t complain to the human resources department. You can’t file a lawsuit, either — at least not until you’ve gone through months of mandatory counseling and mediation designed to keep such complaints out of court. And… Please follow and like us:

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Tax Reform Must Level the Playing Field for American Companies

Opinion With Washington pushing full-tilt on tax reform, it’s time to tackle the unfair tax advantage enjoyed by multinational enterprises. Addressing this longstanding problem could provide a unique opportunity to help domestic U.S. corporations compete on a more level playing field with their global counterparts. Currently, taxes are only assessed on multinational enterprises, referred to as… Please follow and like us:

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Tax cuts still a tough sell

President Trump’s team has proposed tax relief for ordinary Americans and businesses that would boost growth and create jobs. Unfortunately, the recent stock market surge indicates expectations may exceed the gains tax savings could actually provide. The basic problem is tax cuts can’t go far enough, owing to legitimate worries about budget deficits. Entitlements are on… Please follow and like us:

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Top Six Banks Spend $26 Billion On Bond Trading Technology

Technological prowess is becoming a powerful point of differentiation for participants in the US government bond markets. As the costs to drive a successful trading business in the niche have grown to significant proportions, a window is opening for smaller niche players, however, as the human touch is still required to succeed. Get The Full Ray… Please follow and like us:

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China urges US to correct secondary sanctions ‘mistake’

China has opposed secondary sanctions related to the DPRK announced by the US Treasury Department on Tuesday and called on the US government to correct the “mistake”. The US Treasury announced on Tuesday new sanctions on 16 entities and individuals, mostly from China and Russia, for alleged business ties with the missile and nuclear weapons program… Please follow and like us:

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Fed leaves interest rates unchanged amid concerns about low inflation

WASHINGTON — The Federal Reserve left interest rates unchanged Wednesday and conveyed a tad more concern about recent inflation trends, clouding the prospects for when the next rate hike might come. At the same time, the central bank said after its two-day meeting that U.S. economic conditions looked good, with job growth solid and consumer and… Please follow and like us:

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Face Off: Stocks vs. Bonds And The Economic Outlook

There is a healthy debate between those who work in fixed-income markets and those in the equity markets about who is better at assessing markets. The skepticism of bond guys and gals seems to help them identify turning points. The optimism of equity pros lends to catching the full run of a rally. As an ex-bond… Please follow and like us:

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