People on both sides of the political spectrum, including our president, have made that assertion. Since I try not to do politics in kortsessions.com I will refrain from comment, other than to say what I see on the political front is very worrisome and that “stupid” (maybe even dangerous) could easily be used as a…
Tag: Steve Mnuchin
What could really tank this market?
Although the popular reasons continue to be The Fed raising rates (causing us to dip into recession), inflation (putting more pressure on the Fed to ratchet up rates) and trade wars (today’s favorite flavor based on a White House proposal — trial balloon or misstatement on the part of Secretary Mnuchin — to restrict Chinese…
“Mnuchin: Pass tax reform or markets will tank”
Well, Secretary of the Treasury Mnuchin didn’t actually say it this way. The above title was the work of a headline writer at CNBC. And, as usual ,was designed to reel you into their web with the negative and the sensational. What he did say was, “There is no question that the rally in the…