AUTHOR: TOWNE SCHERER.COM 7/28/2016: Towne Scherer Private Wealth Management BLOG:
Trump Will Win
“Trump Will Win,” says Michael Moore, a liberal film-maker, about the presidency, according to a Huffington Post 7/23/2016 article. He lists five reasons within the article, although, his most compelling reason involves the Clintons’ support of NAFTA, TPP and other trade policies which have royally screwed the people of Michigan, Ohio, Pennsylvania and Wisconsin. Moore points out that those four states have 64 electoral votes, the exact amount Romney lost by in the last presidential election. Therefore, Trump doesn’t need Florida, Colorado or Virginia to win. Trump just needs to carry Michigan, Ohio, Pennsylvania and Wisconsin to win. Moore went on to say, “this is how it will happen in November.”
Secretary of State Kerry says, ‘Refrigerator Chemicals are just as bad as ISIS'
In the midst of recent European terrorist attacks on July 25, 2016, July 24, 2016, July 22, 2016, July 19, 2016, June 13, 2016, April 16, 2016, March 22, 2016, February 26, 2016, January 7, 2016 according to a July 25, 2016 article in The Indian Express, the Washington Examiner reports in a July 22, 2016 article that Kerry, in the middle of negotiating a global climate deal in Vienna, said, “Air conditioners and refrigerators pose as big a threat to life on the planet as the threat of terrorism.” We can only hope to see Kerry windsurfing off of the coast of Nantucket.
Economy Perked Up
There is no doubt the economy improved in the second quarter after a rough six months, according to a USA Today July 25. 2016 report. Is it enough to cause the Federal Reserve to raise rates in September? The screaming stock market might take a breather until Yellen, Chairwoman of the Fed, gives clarification. Out of nowhere newly built homes rose 1.6% in June to a solid seasonally adjusted annual rate of 560,000. Understandably, on this news, the markets have stalled. Lot’s to chew on.
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual.