One of the first "wins" for the Trump administration - heck, maybe it's only win - was the approval of the Keystone pipeline. After the State Department issued the permit, Mr. Trump had this to say: "It's a great day for jobs and energy independence," Trump said, calling the pipeline "incredible" and "the greatest technology known to man or woman." [...]
Top News Headlines Obama sticks a fork in Keystone after company withdraws request. Valeant troubles continue; CEO sells stock after margin call. Bill Ackman having a very bad month. DOJ ratchets up scrutiny of drug pricing. Seeking information from MRK, LLY and, of course, VRX. Berkshire Hathaway's profit more than doubles; other earnings news last week was pretty poor. Economic [...]
I hate to do it, but I'm going to have to write about politics this week. Believe me, it isn't something I relish, but in light of the recent election, it would be dereliction of duty to ignore the elephant and donkey in the room. Let's get this out of the way right up front; Obama got shellacked last Tuesday. [...]
The economic statistics continue to point to growth in the US economy. Last week's employment report showed solid, if not spectacular, job growth with gains in manufacturing, construction, professional and business services, leisure and hospitality and health care. In other words, it showed gains in an ever widening range of industries. Jobless claims are still trending lower, down again last [...]
Stay In Touch