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4 Reasons Private Prisons Could Still Prosper, With Or Without Jeff Sessions As AG
Thursday, July 27, 2017 - 3:15pm | 539Jeff Sessions, the U.S. Attorney General, has entered the bad books of President Donald Trump ever since he recused himself from the Russia investigation, which is probing into the Trump campaign's alleged collusion with Russia. The president has stopped short of firing Sessions but has been...
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US House Budget Still Operating Under 'Fanciful Assumption' Of ACA Repeal
Wednesday, July 19, 2017 - 12:25pm | 459Health care reform once again seems dead in the water for now, leaving investors to turn their attention to another top Republican priority: tax reform. The House Republican fiscal 2018 budget resolution unveiled Tuesday was the first step in the tax reform process. An important detail included in...
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For This Congress, Tax Cuts Are The Entree, Reform The Side Dish
Thursday, June 1, 2017 - 12:01pm | 369One of the top priorities of President Donald Trump and Republicans in Congress is to ease the tax burden on American companies. Republicans will likely use a combination of tax cuts and tax reform to lower corporate taxes to 25 percent, Height Securities analyst Peter Cohn said. In fact,...
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Want Insight Into Trump Impeachment Odds? Watch GOP Special Elections
Friday, May 26, 2017 - 11:23am | 478President Donald Trump has taken fire from critics in recent weeks following his firing of FBI head James Comey. While Democrats and even some Republicans are calling for a Trump impeachment, investors are trying to figure out what, if any, impact the recent developments will have on the Republican...
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The 'Trump Dump' Might Already Be Priced Into The Market
Sunday, May 21, 2017 - 6:35pm | 669Concerns about President Donald Trump’s possible impeachment over the firing of FBI director James Comey sent the Dow Jones Industrial Average tumbling more than 373 points. But while some investors fear the uncertainty of possible impeachment proceedings, others seem to be realizing that the...
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Despite White House Turmoil, No One Pressing Pause On Tax Reform
Wednesday, May 17, 2017 - 2:47pm | 594Noting that the degree of overhaul depends on compromise between Republicans and Moderates on budgetary reconciliation instructions, Height Securities analyst Peter Cohn waged 85-percent odds that Congress will pass a major tax bill before 2018 midterm elections. The continued meetings of and...
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Don't Call It A Comeback: Specter Of Trump Impeachment Resurfaces After Being Dismissed By Many
Wednesday, May 17, 2017 - 12:48pm | 347Whispers of a potential impeachment of President Trump have gotten louder this week as reports surfaced of a memo written by former FBI head James Comey outlining a meeting in which Trump asked him to drop the FBI’s investigation into Trump’s ties with Russia. The SPDR S&P 500 ETF...
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Your Survival Guide To This Week's Potential Government Shutdown
Tuesday, April 25, 2017 - 8:32am | 734With a partial government shutdown on the line, Congress and the White House aim to work out kinks in the spending bill before the continuing resolution expires April 29. Weighing critical negotiations surrounding the Mexican border wall, military funding and Cost-Sharing Reduction payments, Height...
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All Smoke, No Fire? Trump Officials Threaten Changes In Work Visas For Foreigners
Tuesday, April 4, 2017 - 10:43am | 687Vowing to make good on a threat that has worried tech firms, the Trump administration has announced steps to make it tougher for foreigners with “computer-related” skills to find work in the United States, rescinding the current, more liberal rules. But the moves still fall short of the...
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Why The Odds Of Tax Reform By 2018 Just Got Slightly Higher
Friday, March 31, 2017 - 10:22am | 880Amid intra-party chaos surrounding tax proposals, Height Securities analysts posted 85-percent odds of Congress passing a bill prior to 2018 elections — and offered a “sleeper pick” of the modified 2014 tax reform draft at 10 percent odds. “We continue to get the sense in...
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The 'Swamp' Drains Trump: Where Tax And Healthcare Reform Stand Now
Monday, March 27, 2017 - 1:49pm | 393Following the withdrawal of the Republican healthcare bill on Friday, investors are now worried that President Donald Trump will not be able to follow-through on the campaign promises that have driven the stock market’s “Trump Rally” since Election Day. According to Height...
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Breaking Down Trump's 'Skinny Budget'
Friday, March 17, 2017 - 9:47am | 440This week, President Donald Trump released his new federal “skinny budget” proposal. The budget comes in at only 50 pages, less than half the size of previous administrations’ budgets. Height Securities analyst Peter Cohn combed through the new budget looking for stocks that could...
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Infrastructure, Immigration And 7 Key Takeaways From Trump's Address To Congress
Wednesday, March 1, 2017 - 1:46pm | 791With the SPDR S&P 500 ETF Trust (NYSE: SPY) up 1.5 percent on Wednesday, it seems President Trump hit a home run in the eyes of investors with his Tuesday evening address. In a new note, Height Securities' Peter Cohn gave a brief rundown of the major investor takeaways from the speech. Here...