Obamacare

Europe, US Futures Slip Despite Brent Bouncing Back To $51

Asian stocks rise lifted by commodity names; European equites trade mostly lower but with little in the way of conviction or firm direction while the Italian banking index is at the highest level in a year following domestic earnings; S&P index futures are modestly in the red after the cash market closed at a record high Wednesday and investors prepared for earnings from retailers.

Trump Named As "Risk Factor" In Company Filings 3x More Than Obama

According to the research firm Sentieo, which spent hours and hours of time scouring the "Risk Factor" sections of 10-Ks and 10-Qs, Trump has been about 3x more likely to be cited by a publicly traded company in the U.S. as a "Risk Factor" in his first 100 days in office than was Obama.

Trump's Decision To Terminate Comey Is Now Delaying His Economic Reform Schedule

In JPM's initial market comment this morning, reacting to the news of Comey firing, the bank said that "as far as the market is concerned, Comey’s dismissal saps Trump’s political capital and weakens relations w/Congress at the time when he is trying to move an ambitious pro-growth agenda through the Senate and House."  Now, as Axios points out, this concern is starting to materialize after the Senate HELP Committee called off a health care markup this morning.

Visualizing Trump's 'High-Risk Pool' Gamble

Under the new law, states would be able to apply for a waiver, allowing them to charge people with preexisting conditions more for their coverage. This situation could end up hurting President Trump's supporters the most...

RBC Asks (& Answers) "What In The Market Most Concerns You?"

"Central banks are pivoting ‘tighter’ which affects ‘financial conditions’ which affects ‘inflation’ and ‘risk assets’... but the data is holding firm, companies are making money, and rates are still extraordinarily low which incentivizes yield-seeking behavior from asset allocators. "

Healthcare Reform Solves Nothing... It's The Debt, Stupid!

"First, everyone just calm the f**k down. The passage of the American Health Care Act by Congress this past week does nothing immediately. Nobody is going to die. No one will lose access to health care. The world will not end... but it does face a much bigger existential problem..."

Obamacare Repeal Next Steps: Why Goldman Is Suddenly Far Less Optimistic

"The revival of health legislation, which could at least take a few more months to conclude, could substantially delay consideration of the remainder of the legislative agenda. This further reduces the likelihood that Congress will enact a tax cut before year-end, in light of the additional steps that would be necessary once the health bill has been enacted."