With political uncertainty near record highs (but equity market uncertainty near record lows), Goldman's Jan Hatzius analyzes the four biggest political risks receiving the most attention from market participants (and stand to create the most chaos if the priced for perfection market is disappointed).
As previewed last week, moments ago Apple has introduced a 9.7-inch iPad with Retina display, starting at $329. Today AAPL also announces red edition of iPhone 7 and iPhone 7 Plus to mark more than 10 years of partnership between Apple and HIV/AIDS charity.
"...the government isn’t looking to catch criminals. It’s just out for your cold, hard cash... we are now ruled by a government so consumed with squeezing every last penny out of the population as to be completely unconcerned if essential freedoms are trampled in the process."
"No, we won’t be able to balance the budget this year, but we’re working on trying to get it to balance within the ten-year budget window, which is what Republicans in the House and the Senate have traditionally done the last couple of years."
Attempting to spend a nation to prosperity using borrowed money is not without consequences. In the short run, an illusion of wealth can be erected. In the long run, that illusion slips into decay and disrepair.
Mexican immigrants are suddenly finding out that, while Canada is happy to host 'tourists' from our Southern neighbor courtesy of relaxed visa requirements that went into effect December 1st, they're not so eager to invite folks looking for work or immigrants without valid identification and/or a criminal record.
Each year, the State Department issues dozens of advisories with the intent of keeping Americans safe as they travel abroad. What countries are targeted by these advisories, and what risks do Americans face by visiting them?