Required Reading Of The Day

Fed Signals a Gradual Pace for Rate Increases – WSJ

The Ticking Time Bomb of Youth Unemployment – Fox Business

Uber Driver Was an Employee, California Commission Says – WSJ

J.P. Morgan Deal Maker Jimmy Lee Dies – WSJ

FCC Plans to Fine AT&T $100 Million Over Speed Caps – WSJ

DOT to Investigate FAA Based on FOX Business Report – Fox Business

Volcker to FBN: Rate Must Go Higher – Fox Business 

 

Waiting on the Fed…and Donald Trump!

While we are waiting on the fed today to tell us blah blah blah…and while the market continues to just move back and forth in a tight range, we wanted to talk Donald Trump.

Besides the fact that we love success stories like Donald Trump, we wanted to address the reaction to the news he is now telling us he is running for President. First off, we don’t have an opinion on whether Mr Trump could win or whether he would be a great President but we noticed the media treating him as if he was a clown and we are also noticing many politicians that have done a great job taking this country south also making fun of him. As a reminder:

Mr. Trump has not created any of the $18 trillion of debt both Republicons and Democraps have created.

Mr. Trump did not send our troops into Iraq and misjudged the whole war.

Mr. Trump did not sit on the sidelines watching Isis grow and do nothing about it.

Mr. Trump did not steal any money from the supposed social security trust fund to where it is all IOUs.

Mr. Trump did not invent Obamacare where premiums are going up, deductibles are going up and accessibility has gone down.

Mr. Trump did not fumble, stumble and bumble our immigration system to the point we don’t have an immigration system.

Mr. Trump did not single-handedly destroy the coal industry over the past 6 years.

Mr. Trump did not create a foundation that has turned into nothing but a self-dealing slush fund.

Mr. Trump did not create the housing bubble nor the asset bubble we are in right now based on trillions in printed money and 0% rates for the past 7 years.

Mr. Trump did not sic the IRS on his opponents.

Mr. Trump did none of these but all the past politicians did along with the corrupt, lying on their back, paws in the air, tongues wagging, in the tank lapdog media. Yet they are all making fun of Mr. Trump! We just love politics!

Government Debt to Reach 107% of U.S. Economy in 2040, CBO Says

http://www.bloomberg.com/news/articles/2015-06-16/government-debt-to-reach-107-of-u-s-economy-in-2040-cbo-says

This Former NFL Player’s $8 Billion Mortgage Lender Started With a Google Search

Source: http://www.bloomberg.com/news/articles/2015-06-16/this-ex-nfl-player-is-winning-mortgage-share-from-banks

Yahoo’s Mayer: Artificial Intelligence Is Next Big Thing

Marissa Mayer, chief executive officer at Yahoo, talks about empowering employees to be creative and innovative and why she believes artificial intelligence will be the company’s next big innovation. She speaks at the Bloomberg Technology Conference: Code and the Corner Office on “Bloomberg Markets.” (Source: Bloomberg)

 

Source: http://www.bloomberg.com/news/videos/2015-06-16/yahoo-s-mayer-artificial-intelligence-is-next-big-thing

Forbes: Obama has lost the trust of Democrats and Republicans


Source: http://video.foxbusiness.com/v/4293174951001/forbes-obama-has-lost-the-trust-of-democrats-and-republicans/?intcmp=obnetwork#sp=show-clips

Required Reading Of The Day

House Extends Deadline on Trade to July 30 – WSJ

Trump Enters 2016 Race – WSJ

FOMC to Make Case for 2015 Rate Hikes – FoxBusiness

Cablevision CEO Says Big Bundle Customers Will Fall

Billionaire Kirk Kerkorian Dies at 98 – Fox Business

FBI Believes MLB’s Cardinals Hacked the Astros