3/31/2016 And,Then There Were Three; 4, 2, None; Back in Fashion…Terrorism?
AUTHOR: TOWNE SCHERER.COM 3/21/2016: Towne Scherer Private Wealth Management BLOG:
And then there were Three…
Kasich and Clinton win Ohio while Trump takes Florida, Illinois and North Carolina, according to a 3/16/2016 CNN report. The AP now shows the delegate count like this: Trump 673, Cruz 411 and Kasich 143 on the Republican side, with Clinton 1,606 and Sanders 851 on the Democratic side; And, Rubio, stepping out of the race after not winning his home state of Florida. Contested Conventions, here we come?
4, 2, None
CNBC reports on 3/16/2016 that the Fed leaves interest rates unchanged, stating that the projected four interest rate changes for 2016 have now been reduced to two. The Fed also cut its GDP growth outlook for 2016 from 2.4 percent to 2.2 percent. In addition, the fed funds market moved little after the decision, except for a drop in expectations for a June rate hike.
Back in Fashion…Terrorism?
According to a 3/16/2016 Bloomberg report, Terrorism is back fashion, with French authorities foiling a possible terror plot with the arrest of three men and a woman in the fashion capital of Europe, Paris. This followed after the November 13, 2015 terrorist attacks that killed people in the French capital. Further, the threat has been rising since Islamic radicals murdered journalists at magazine Charlie Hebdo and Jewish customers at a kosher supermarket in January of last year. Apparently, prison orange is getting quite popular in the terrorist world.
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