Mexico

Nomi Prins On The Goldmanization Of President Trump

In his Inaugural Address, having nominated the wealthiest cabinet in American history, he proclaimed, “For too long, a small group in our nation's capital has reaped the rewards of government.”  Under Trump, an even smaller group will flourish -- in particular, a cadre of former Goldman Sachs executives. To put the matter bluntly, two of them (along with the Federal Reserve) are likely to control our economy and financial system in the years to come.

February’s FOMC Meeting: A Powder Keg In Search Of A Match

This “powder keg” may not wait until then. For “then” (March) may be a moment too late. (Just ask Caesar). Circumstances are now showing this “powder keg” could in fact become – self-combusting. All courtesy of The Fed’s own words whether, stated, implied, written, or imagined.

Global Stocks, Futures Slide On US Protectionism Worries Following Trump Travel Chaos

European, Asian stocks and S&P futures all drop after traders were left with a sour taste from the potential fallout of Donald Trump’s order halting some immigration and ahead of central bank decisions from the U.S. and Japan.  Markets in Hong Kong, China, Malaysia, Korea, Singapore, Taiwan and Vietnam are all shut due to the Lunar New Year public holiday.

The Full Breakdown Of How Trump Tax Policies Will Impact S&P Earnings

Some form of corporate tax reform under Trump seems likely likely as it is a stated priority of President Trump and has widespread Congressional support. In the following analysis, BofA analyzes the four components that could have big equity implications on S&P500 earnings over the coming years.

Starbucks Announces Plans To Hire 10,000 Refugees

"There are more than 65 million citizens of the world recognized as refugees by the United Nations, and we are developing plans to hire 10,000 of them over five years in the 75 countries around the world where Starbucks does business" - Howard Schultz

Trump Unveils Three More Executive Orders

President Trump is set to unveil three new executive orders at 3pm on Saturday which according to the White House press pool will include an order to reorganize the National Security Council's procedures and structure, an order to make the White House's NSC more adaptive to cyber threats, and will also seek a Joint Chiefs plan to defeat the Islamic State.

What Trump's Wall Says To The World

On the American left there is something like revulsion at the idea of the “beautiful wall” President Trump intends to build along the 1,900-mile border between the U.S. and Mexico. The opposition’s arguments are usually rooted in economics or practicality. The wall is unnecessary. It will not stop people from coming illegally. It costs too much. Yet something deeper is afoot here...