The professionals keep telling us stocks will drop; the investors keep pushing stocks higher

From CNNMoney: Wall Street is getting worried about Trump by Chris Isidore and Heather Long | February 8, 2017: 7:04 PM ET Powerful voices on Wall Street are expressing concern that President Donald Trump isn’t going to be everything that investors had hoped for. In recent days, three of the nation’s largest banks have issued …

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The Wall Street Journal finally catches up to The First Street Journal

How many times have we been touting the use of the U-6 unemployment rate? From The Wall Street Journal: Forecasters See Slow Progress in Labor-Market Measures Favored by Trump Administration Workforce participation seen rising to 63.3% in 2019 from 62.9% in January By Josh Zumbrun | Updated Feb. 9, 2017 10:22 a.m. ET Broader measures …

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How ’bout that? Hillary Clinton’s son-in-law shuts down hedge fund a month after she loses presidential election!

From Bloomberg: Chelsea Clinton’s Husband Closes His Hedge Fund by Saijel Kishan | February 8, 2017, 9:48 AM EST Eaglevale Partners, the hedge fund co-founded by Marc Mezvinsky, the son-in-law of Hillary and Bill Clinton, closed in December, according to a person with knowledge of the matter. Eaglevale, based in New York, is in the …

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If it weren’t for double standards, the left would have no standards at all

The Washington Post trumpeted1: Eric Trump’s business trip to Uruguay cost taxpayers $97,830 in hotel bills By Amy Brittain and Drew Harwell | February 3, 2017 When the president-elect’s son Eric Trump jetted to Uruguay in early January for a Trump Organization promotional trip, U.S. taxpayers were left footing a bill of nearly $100,000 in …

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Who are the Nazis?

The left have been absolutely up in arms over the presidency of Donald Trump, and the instances of the left referring to Mr Trump and his supporters as “Nazis” are too frequent to bother mentioning. But my question is: just who are actually behaving like Nazis these days? Tell Hudson’s Bay Company to stop selling …

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President Trump’s first week: his supporters are happy, the left are not

From The New York Times: Trump Backers Like His First Draft of a New America By Jack Healy | January 27, 2017 MOUNT GILEAD, Ohio — The challenge Annette Cottrell pondered was how to grade President Trump’s stormy first full week on the job. A trade war bubbling up with Mexico. A divisive border wall. …

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Thud! In 2016, GDP increased only 1.6%, slowest since 2011

From The Wall Street Journal: U.S. GDP Grew 1.9% in Fourth Quarter President Trump has set a goal of generating 4% annual growth by overhauling the tax code and rolling back regulations, among other measures By Ben Leubsdorf and Eric Morath | Updated Jan. 27, 2017 8:50 a.m. ET WASHINGTON—The U.S. economy decelerated in the …

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Lee County and poverty To the people of Beattyville, it's nice to hear that the Dow cracked 20,000, but it doesn't mean much for them personally

My favorite CNNMoney reporter is in the Bluegrass State! .@byHeatherLong making a new friend in the field today #beattyville #kentucky pic.twitter.com/JFzqGQsAos — Haley Draznin (@haleydraz) January 25, 2017 And now the story: 54% of Americans aren’t benefiting from Dow 20,000 by Heather Long and Poppy Harlow | January 26, 2017: 10:10 AM ET CNNMoney (Beattyville, …

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Even after 73 days, The New York Times still doesn’t get it Rather than examine where they went wrong, they doubled down on their pre-election claims

Even with 73 days to ponder things since the election, The New York Times still doesn’t get it: Trump’s Grim View of the Economy Ignores Most Americans’ Reality By Binyamin Appelbaum | January 20, 2017 WASHINGTON — The dismal picture of the American economy President Donald J. Trump painted in his Inaugural Address on Friday …

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Fed sees little need for future “stimulus” spending For once, I agree with Janet Yellen!

From The Wall Street Journal: Fed Officials See Less Need for Tax and Spending to Boost Short-Term Growth Shift in thinking comes as economy improves, jobless rate declines By Shayndi Raice | January 16, 2017 8:00 a.m. ET Federal Reserve officials increasingly say they don’t see a need for stimulative government tax and spending programs …

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