Obamacare

Global Stocks Rise Amid Unexpected ECB "Trial Balloon"; Dollar Flat Ahead Of Fed Minutes

European markets continued their risk-on trend in early trading, rising to the highest in over a week and rallying from the open led by mining stocks as industrial metals spike higher after zinc forwards hit highest level since 2007. The EUR sold off sharply, boosting local bond and risk prices after the previously discussed Reuters "trial balloon" report that Draghi's speech at Jackson Hole would not announce the start of the ECB's taper.

After 100 Months Of Buying-The-Dip - Stockman Warns Of "Peak Crazy"

"Just call it Peak Crazy and move on. There is absolutely no reason for the stock markets to be at current levels, let alone melting-up day after day. The fact that this is happening is a measure of how impaired capital markets have become as a result of massive central bank intrusion."

CBO Blames Trump: Sees 20% Surge In 2018 Obamacare Premiums If Subsidies Removed

At the request of Nancy Pelosi, the Congressional Budget Office has just released a study intended to better understand the potential economic impacts that would result from the cancellation of taxpayer funded Obamacare subsidies (a.k.a. "cost-sharing reductions" or "CSRs").  Among other things finds that cutting CSRs would cause a 20% spike in Obamacare premiums in 2018 and result in a $194 billion increase in the deficit from 2017 through 2026.

American Citizen Held By Immigration Enforcement For Over 3 Years Without Lawyer

I am an American citizen,” Davino Watson pleaded with ICE (Immigration and Customs Enforcement) agents, judges, and jailers. But to no avail; he was held in detention for over 3 years as a deportable illegal immigrant. Eventually, Watson was released and managed to get a meager court settlement of $82,500. But he would never see the money.

Is The Yellen Fed Planning To Sabotage Trump's Presidency?

"The question is: Will the economic backdrop be favorable for Republicans to campaign on the Trump agenda? That remains to be seen. Given the stakes, Donald Trump’s hiring decisions at the Fed could make or break his presidency."

Global Market Rout Spreads: VIX Marches Higher As China Stocks, Currency Plunge

The global rout resulting from tensions over the North Korean nuclear standoff continued on Friday following a third day of escalating verbal exchanges between Trump and Kim, with European and Asian shares tumbling as volatility across the globe spiked, with the selloff in US futures continuing albeit at a more modest pace.

Two Charts Prove Obamacare Is Not "Stabilizing" In 2018

As the Obamacare repeal and replace effort raged on in Congress over the past six months, several Democrats and even some of the original Obamacare architects stepped forward to argue that the crippling premium increases from 2014 through 2017 were just a 1x market adjustment and that everything would miraculously 'stabilize' in 2018.  Um, not so much.

The Globalist Agenda Is Being Met: "To Collapse The United States Internally And Attack It Externally"

"War is right around the corner, and the globalist agenda is being met: to collapse the United States internally and attack it externally.  I stand by my prior statements regarding the latter: The next world war will be initiated by an EMP (Electromagnetic Pulse) weapon detonated over the continental U.S., followed by a nuclear exchange and an attack by conventional forces."

Visualizing How Americans Get Healthcare Coverage

If you ask some people what is going on with U.S. healthcare, they will tell you that things are going “sideways” – that costs are going up, but care is not improving anywhere near the same pace. It’s fair to say that care has been going sideways in the U.S. for some time, and the stakes couldn’t be higher...