Job. Thats a big if, frankly the fed should be cutting. I would say they should say at a minimum 100 basis points. Over a period of time. Not at one time but over a period of time well, im not talking about doing anything at this moment, but indexing is something that a lot of people have liked for a long time. And its something that would be very easy to do. A lot of people have been talking about indexing for many years. And its something that i am certainly thinking about i can say a majority of people they like indexing its something im thinking about. Payroll taxes ive been thinking about payroll taxes for a long time whether or not we do it now or not is its not being done because of recession were legitimately, if we had a cut in Interest Rates by the fed, if they would do their job properly and do a meaningful cut, because they raised toovz, you would see growth like youve never seen in this country if you go from the election, the great november 8th day, if you go from novembe
About the demise of the Business Leader panels the president put together with so much fanfare. Did he disband them . Who knows . Youve got ceos openly castigating the president for his off the wall remarks and the president calling them infants pure chaos in washington, with some of trumps most important allies unable to hide their contempt for the president s statements which they see as providing aid and comfort to White Supremacists but the dow gained 26 points, the s p inched up, and the nasdaq advanced 0. 19 . Why isnt this market plummeting simple the stock market is not, and has never been a referendum on washington they know nothing sure, some president s are more stock market than others. Regardless, whatever else you may say about this administration, and you may be saying it, trumps as pro stock market as it gets. He believes that the market is a referendum on his president. They cant hurt. Nevertheless, lets not forget that the market did well under president obama, too he
Brazilian debacle, has been resolved and were now free to buy, buy, buy with the dow gaining 32 appointmenpoints, it was the dows sixth straight day in the black. Thats the strongest streak since february. Too good to be true . There are some things that are nettlesome that we need to vet them right at the autoptop. Lets talk about debt ceilings and government shutdowns. With the demise of the republican speaker vote comes the prospect of a government shutdown. As early as monday you will start hearing about the possibility of a shutdown, an unmitigated negative for all stocks. As i say in get rich carefully, theres a cycle that occurs in these political fiascos. The moment people Start Talking about them, we begin to worry about disruption in washington that always spills over to wall street. Lets keep our eyes and ears open so we can tone down the bullishness if we start hearing this chatter. Heres the drill weve heard in the past. You sell, when you hear when a shutdown is going to