“When you have simultaneous excess leverage at both the franchisor and franchisee, that results in additional risk, and potentially unintended consequences.”
US stock index futures gained on Friday alongside European and Asian markets, after a surprise rise in China’s "other" manufacturing activity survey boosted sentiment, offsetting fading trade deal optimism, as investors awaited the October jobs report.
"The fear of a rapid yuan depreciation is gone," he said. "Instead, there is a likelihood that the yuan will strengthen towards 7 once a deal is announced."
Rather than their power base diminishing, they are instead working hand in hand with private developers to ensure that they remain the arbiters of the global financial system. So far, they are succeeding...
Make no mistake: taxing the rich is only a speed bump on the road to higher taxes for everyone. The only way to avoid higher taxes is to stop enabling Democrats by raising taxes every time Democrats yell “Boo!”
Even though the federal government spent more money (estimated to be $300 billion for various programs) and reduced taxes for businesses and individuals the underlying growth rate of the economy did not change one iota.
