Financial Review

Tax Plan Puffery

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-20-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….Debating the tax plan. Yellen will leave Fed. DOJ will block AT&T-Time Warner. Nebraska approves Keystone XL. North Korea terrorism list. Germany may have another vote. Chile tumbles on vote. Marvell buying Cavium. Opioid crisis cost. Financial Review by Sinclair Noe for 11-20-2017

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Monday, September 23, 2013 – Almost Reality

Almost Reality by Sinclair Noe DOW – 49 = 15,401SPX – 8 = 1701NAS – 9 = 376510 YR YLD – .03 = 2.70%OIL – 1.37 = 103.38GOLD – 3.30 = 1323.30SILV – .16 = 21.74 If we remain on our current trajectory, in about one week the government will shut down. It doesn’t shut down everything and not all at once, but it is a pretty big deal. Here’s how it might affect you: Many federal workers will be furloughed, and they might even receive pay retroactively. Not all fed workers stay home; air traffic controllers, meat inspectors, and a few others will remain on the job. The post office will continue to deliver mail. National parks will be closed. The military will still report to duty but they will be paid in IOUs ( I still haven’t heard if they can cash the IOUs to buy bread but I’m sure somebody is figuring that out). Social Security checks will be mailed more or less as usual. No gun permits will be issued. The IRS will continue to collect taxes. No government loans to small businesses. Trash collection in Washington DC will stop; that’s a federal job and not considered essential (give it a couple of weeks and that might change). The Republicans want to defund Obamacare in exchange for funding the government. But the health care act at the center of this storm would continue its implementation process during a shutdown. That’s because its funds aren’t dependent on …

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