March 8, 2017
(UPDATE March 15: If you have extra cash sitting around and you want to park it while still earning a decent interest, read this:
(UPDATE March 10: The certainty of rising rates is hurting our portfolio. We are making NO changes as we expected declines. We hold individual bonds to maturity and collect the dividends to bond maturity.)
The mainstream media’s open hostility to President Trump may be starting to backfire, according to the latest IBD/TIPP poll.
The poll found that 55% of the public says they’ve grown “weary from the media’s persistently negative coverage of President Trump.” A roughly equal share (54%) also believe that the news media “has assumed the role of the opposition party, constantly opposing the president and his policies at every turn.”
Not surprisingly, Republicans overwhelmingly hold these views (88% say they’re tired of the relentless negativity), but the media’s attacks are also turning off independents (55% of whom say they’re weary of the negative coverage) and moderates (54% of whom are weary). Most also believe that the press has assumed the role of the opposition party.
(UPDATE March 9: Here is a link to an excellent article on data centers:
Oh yeah Obammer did a great job lolol:
#1 “Ninety-four million Americans are out of the labor force”
#2 “Over 43 million people are now living in poverty”
#3 “Over 43 million Americans are on food stamps”
#4 “More than one in five people in their prime working years are not working”
#5 “We have the worst financial recovery in 65 years”
#6 “In the last eight years, the past administration has put on more new debt than nearly all of the other Presidents combined”
#7 “We’ve lost more than one-fourth of our manufacturing jobs since NAFTA was approved”
#8 “We’ve lost 60,000 factories since China joined the World Trade Organization in 2001″
#9 “Our trade deficit in goods with the world last year was nearly 800 billion dollars”
#10 “Obamacare premiums nationwide have increased by double and triple digits. As an example, Arizona went up 116 percent last year alone.”
#11 “We’ve spent trillions and trillions of dollars overseas, while our infrastructure at home has so badly crumbled”
Shopping malls continue to die.
About one-third of malls in the U.S. will shut their doors in the coming years, retail analyst Jan Kniffen told CNBC Thursday. His prediction comes in the wake of Macy’s reporting its worst consecutive same-store sales decline since the financial crisis.
Macy’s and its fellow retailers in American malls are challenged by an oversupply of retail space as customers migrate toward online shopping, as well as fast fashion retailers like H&M and off-price stores such as T.J. Maxx. As a result, about 400 of the country’s 1,100 enclosed malls will fail in the upcoming years. Of those that remain, he predicts that about 250 will thrive and the rest will continue to struggle.