Category Archives: Kevin Brady
“This Is A Historic Event”: GOP Leaders Say Tax Reform Will Pass By Week’s End
After weeks of frenzied closed-door haggling, Republicans appear to be on the cusp of what could be the greatest legislative achievement of the Trump administration: Passing the first comprehensive tax reform plan since 1986. And on Sunday, Republican leaders reiterated that they had cobbled together the votes to push the reconciled version of the GOP […]
The “Trump Tax Plan” – Details & Analysis
Submitted by Lance Roberts of Real Investment Advice Almost a full year after the election of Donald Trump to the White House, one of the key promises made to voters was the largest “tax cut” since Ronald Reagan was in office. As President Trump stated in Indiana yesterday: “This is a revolutionary change, and the […]
A Frustrated Bank Of America Asks “What Could Go Wrong?”: Here Is Its Answer
For the past 3 months, Bank of America strategist David Woo has been warning that the market is precariously unbalanced, and as a result the smallest shift away from being “priced to perfection”, or spike in volatility, could lead to a waterfall event. As we first reported back in July, Woo first warned that between […]
Best Day For The Dollar Since January: Here’s Why
The Bloomberg dollar index has surged, rising as much as 0.8% higher against all G-10 peers, its biggest advance since Jan. 26, and is on track for its first weekly gain since early July. The move has been largely attributed to the “stronger-than-expected employment and wage gains”, although as several banks commented shortly after the […]
“It’s A Train Wreck”: Conservative Groups Slam GOP Healthcare Plan
As discussed earlier, the Obamacare repeal and replace effort, derisively called by some either "Obamacare Lite", "RyanCare", "ObamaCare 2.0", and even Trumpcare". is running into major hurdles as prominent consevative groups threaten to derail Trump's broader economic agenda. While The Trump administration on Tuesday formally backed the House GOP's plan to repeal and replace ObamaCare, […]
Dow Hits 20,600 After Trump Hints At “Massive Tax Plan”
Trump did it again: one week after he promised to unveil “phenomenal” tax cuts, moments ago in his meeting with retail CEOs, who are meeting with the president to get him to kill the border adjustment tax idea, he pulled another OPEC, using the precise word the algos were looking for, and this time said […]