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Latin American Readers Talk Trump, Aren't Overly Impressed
Friday, May 20, 2016 - 10:52am | 1378Most people in Latin America, except for the lucky ones who have visited New York City or those who paid very close attention to the "Home Alone" movies, had never heard of the Trump name or brand until very recently. However, the presumptive Republican nominee for the United States' 2016...
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Wall Street Displeased With Trump's Call To Denudate Dodd-Frank Law
Thursday, May 19, 2016 - 2:24pm | 520U.S. banking lobbyists disagree with presidential candidate Donald Trump's call to scrap President Barack Obama's Dodd-Frank law, despite Trump's justification (and some shared sentiments) that the law is overly burdensome, according to a Reuters report. The Dodd-Frank law, which was enacted after...
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Amid Wage Disparities And Political Concerns Over Jobs, Top CEOs Bring In Beaucoup Incomes
Thursday, May 19, 2016 - 11:34am | 502The United States' top 500 chief executive officers took home an average of $12.4 million last year, and their earnings were approximately 340 times higher than the average worker's wages last year, according to a new report from AFL-CIO. 335:1 According to the report, production and nonsupervisory...
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Donald Trump Says There's A Tech Bubble, Silicon Valley Naturally Disagrees
Wednesday, May 18, 2016 - 10:44am | 452Republican presidential candidate Donald Trump said in an interview with Reuters that there may be a tech bubble. In the interview, Trump pointed out that there a lot of technology startups that "have never made any money" and have a "bad concept" as a business model. Despite that, Trump pointed...
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What Does Trump Think About Janet Yellen, Interest Rates And The Fed?
Wednesday, May 18, 2016 - 9:50am | 403Presumptive Republican nominee Donald Trump, in an interview with Reuters, said he "would rather have a Republican" in the place of Federal Reserve Chairman Janet Yellen, and would take steps to audit the Central Bank of the United States. On Yellen "I'm not a person that thinks Janet Yellen is...
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Busting Another Election Year ETF Myth
Tuesday, May 17, 2016 - 2:33pm | 564In this space on Monday, we highlighted one of the most ridiculous election year myths pertaining to exchange-traded funds. The myth being: A victory by Democrat Hillary Clinton would be a boon for alternative energy ETFs. As was noted, the current bull market performances of alternative energy...
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How Trump Could Cause A Recession, Even If He Loses The Election
Tuesday, May 17, 2016 - 1:26pm | 713Donald Trump could cause a recession irrespective of winning or losing in the U.S. elections, according to a commentary by Simon Johnson on Reuters. Johnson, a former chief economist at the International Monetary Fund, said, "As it gets closer to November, if the probability of Trump being...
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Trump Reneges On His Steadfast Claim Of A Self-Financed Campaign
Monday, May 16, 2016 - 4:27pm | 271Press release last July: "As of this date, Mr. Trump's net worth is in excess of ten billion dollars" as reported by the Wall Street Journal. Trump has flip flopped on one of his core rules: self-financing his campaign. In order to ensure that his campaign can compete with Hillary...
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Dispelling The Worst Election Year ETF Advice
Monday, May 16, 2016 - 8:54am | 490You might have heard this is a presidential election year. In ETF Land, that means plenty of folks will be pontificating about which funds should outperform and lag if Democrat Hillary Clinton or Bernie Sanders wins. These prognosticators are also trying to figure out which ETFs are destined for...
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Statistically Significant Evidence That Hillary Clinton Is Better For The Stock Market Than Donald Trump
Saturday, May 14, 2016 - 5:44pm | 418Political pundits have another five months to argue about which of the leading presidential candidates would be best for the U.S. economy. But politics aside, Hillary Clinton may be the best choice for stock investors in the near term for one simple reason: President Barack Obama. More specifically...
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Donald Trump Could Impact The U.S. Economy Even Before The Election
Thursday, May 12, 2016 - 4:31pm | 339The latest Reuters/Ipsos poll of likely U.S. voters showed Donald Trump has surged in popularity and is now running nearly even with rival Hillary Clinton. While many investors dismiss the idea that Trump's extreme rhetoric involving the deportation of 11 million illegal workers and/or...
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Long-Term Investors Shouldn't Fear The 2016 U.S. Election
Wednesday, May 11, 2016 - 2:04pm | 373With each passing week, it’s looking more and more like the 2016 U.S. presidential election is going to come down to Hillary Clinton versus Donald Trump. Both candidates have plenty of enthusiastic supporters, but each also has plenty of Americans terrified of their potential presidencies....
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Feel The Bern Burn? Analyst Says Sanders Presidency Would Add $21 Trillion To National Deficit
Monday, May 9, 2016 - 3:31pm | 394The national debt could swell by $21 trillion if Democratic candidate Bernie Sanders becomes president, according to an analysis by Tax Policy Center. The analysis stated, "Over the next 10 years, the Sanders plan would increase federal revenues by $15.3 trillion but also increase federal outlays...
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How Much Income Tax Would You Pay Under President Trump?
Monday, May 9, 2016 - 2:08pm | 352Donald Trump took some heat this weekend over comments he made regarding taxes on businesses and the wealthiest Americans. On Sunday, Trump said that he and many other wealthy Americans would be willing to pay more in income taxes. However, on Monday, Trump clarified that he will not be raising...
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Former Bill Clinton Aide Talks Hillary's 'Structural Advantage'
Wednesday, May 4, 2016 - 2:47pm | 264Keith Boykin, a former White House aide to Bill Clinton, and Donald Trump's campaign surrogate Scottie Nell Hughes sat down to talk politics on CNBC. Nell Hughes began the conversation by pointing out Donald Trump's dramatic defeat, in which he successfully navigated a playing field of more than a...