Barack Obama may consider introducing a tax on carbon emissions to help cut the U.S. budget deficit after winning a second term as president, according to HSBC Holdings Plc. A tax starting at $20 a metric ton of carbon dioxide equivalent and rising at about 6 percent a year could raise $154 billion by 2021,…
Wow…go a breakfast…futures tank. Sell the market proxy…not a biggie…sell probe of BAC. KORS continues to hold in extremely well.
I will not be in until market opens. Futures down a wee bit. They were down decently over night but back to flatline. Why Obama won? Exit poll…who do you blame for bad economy? Almost 55%-45 said Bush over Obama. Who do you think will handle deficit best? Only 48-47 for Romney over…
https://archives.warpradio.com/btr/InvestorsEdge/110618.mp3 JUST LETTING YOU KNOW I watched the tube today. I watched the Democrats say, we’ve got this locked up. I watched the Republicans say we’re going to win big. I saw the polls and I gotta tell you it ends up almost being meaningless. As I told you on my radio show, in the…
French president François Hollande has bowed to massive pressure for business tax cuts to pull France’s economy out of slump and stave off industrial decline, ditching a core element of his socialist platform. Company taxes will fall by €20bn a year equal to 1pc of GDP, to be phased in gradually by 2015 under a…
So far…today is the opposite of Friday…which was the opposite of Thursday which was the opposite of Oct 23. Very simply, there are bets being made on the election of risk on or risk off. Risk on means all the commods and stuff get going…risk off is the opposite. Just notice what Gold, oil and…
[email_link] After today, we get back into the real world. After today, we get back to seeing us in $16 trillion in debt with $20 trillion looming by the next election. After today, we get back to an impending fiscal cliff with both sides refusing to move. After today, we get back to watching the…
Election day is at hand…yippeee…no more robocalls and no more 1000 tv ads every day. I will hold my political views here. I did want to say that everyone predicting Obama this morning…except some pundits on the right. Everyone saying the hurricane changed things. Meanwhile, they are doing a terrible job after the hurricane but…
https://archives.warpradio.com/btr/InvestorsEdge/110518.mp3 JUST LETTING YOU KNOW My take is that Romney’s going to win Florida. If Romney wins Pennsylvania or Ohio, he is your next president. If he wins neither, I’d say that Obama will stay as the president for the next four years. It is that nip and tuck. I really don’t believe in the…
There is no need to add anything into the election tomorrow. We will deal with that on Wednesday as the market reacts to whomever wins. KORS still fine…in a good market, the stock would be rolling. Still liking housing…a few names below 50 but LEN,PHM setting up again. I will probably tell…
