Tax cut bill is anything but for middle class America

You can tell by the amount of spin that the Trump tax cut will not work out well for the remaining middle class Americans.

As the President marched out families who would benefit with lower tax bills if the bill is passed, I said to a colleague that we are screwed big time by this based on the dog and pony show we were watching. Continue reading

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Bitcoin taking a bite out of FANGs

The booking of FANG profits is very apparent in the last five trading days as the Nasdaq has lost 1.7% in value.

The rotation out of high-flying tech stocks, which I saw happening as the Trump tax cut moved through Congress last week, is continuing while the Dow Jones continues to move higher. Continue reading