His second term will expire at 11:59 pm on January 20, 2017 till when if the gridlocked Congress is not resolved in his favor some form of the fiscal cliff budget cuts will continue to be needed to bridge the…
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Blog Archives
US Economy: President Obama ready to begin second Term on January 21, 2013 with pleas to a gridlocked Congress
Tagged with: Barack Obama, Congress, Obama, October, Ohio, Patient Protection and Affordable Care Act, POTUS, President of the United States, Republicans, United States, Wells Fargo
Posted in Financial Markets
Posted in Financial Markets
US Week Ahead: August 12, 2012 – August 18, 2012: Paul Ryan for Vice President
The Treasury budget deficit is still going to cross the $1T mark and no one is likely to give President Obama extra marks for managing the economy in a crisis but he seems to have an edge over Mitt Romney…
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Tagged with: Barack Obama, Mitt Romney, Paul Ryan, President, Romney
Posted in Amitonomics, housing, Retail Lifestyle, US
Posted in Amitonomics, housing, Retail Lifestyle, US
US Week Ahead: August 12, 2012 – August 18, 2012: Not much hope nor change but no Republicans please. Paul Ryan for Vice President
The Treasury budget deficit is still going to cross the $1T mark and no one is likely to give President Obama extra marks for managing the economy in a crisis but he seems to have an edge over Mitt Romney…
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Tagged with: Asia, Barack Obama, Medicare, Mitt Romney, Obama, Paul Ryan, Republican, Romney
Posted in Amitonomics, Banking, Film making, Financial Markets, US
Posted in Amitonomics, Banking, Film making, Financial Markets, US
US Morning Report: Healthcare Law makes it, Sun comes out in the East and the GDP grows 2%
JP Morgan’s woes aside ( The company reports on July 13 and the CDS are holding fine) Obama’s Affordable Care Act is through with the bench led by Chief Justice John Roberts upholding the law in an immediate announcement. The…
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Tagged with: Affordable Care Act, Anthony Kennedy, Antonin Scalia, Barack Obama, Clarence Thomas, Gross domestic product, Insurance, J P Morgan, John Roberts, Obama, Patient Protection and Affordable Care Act, Ruth Bader Ginsburg, Samuel Alito, Stephen Breyer, United States, United States Supreme Court
Posted in Amitonomics, Banking, Financial Services, US
Posted in Amitonomics, Banking, Financial Services, US
US Morning Report : Current Account Deficit stays at 2011 levels, futures trade up
After the full year 2011 Current Account Deficit reported a $473 B in March, today’s data for Q1 remains a large $132 B and apparently it does not hurt the US economy much even as without Investment Income, the goods…
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Tagged with: Asia-Pacific Economic Cooperation, Barack Obama, BBB, Ben Bernanke, Bond credit rating, Brazil, BRIC, Christine Lagarde, Honolulu, India, Russia, United States
Posted in Amitonomics, Banking, European Sovereign Debt crisis, US
Posted in Amitonomics, Banking, European Sovereign Debt crisis, US
US Economy: There you go, now you can bin it! – Jobs Friday / ISM for May
Recovery hopes dashed by Bad News Thursday were yet eagerly awaiting the expected 158,000 Job additions in the Jobs report after a mid afternoon stock recovery. The Dow Jones is now trading another 200 points lower after the report…
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Tagged with: Barack Obama, Economic policy of Barack Obama, Employment, Institute for Supply Management, ISM, Mitt Romney, report, unemployment, United States, Wikipedia
Posted in Amitonomics, housing, Retail Lifestyle, US
Posted in Amitonomics, housing, Retail Lifestyle, US
US Economy (EoD Review): 3 year Auction, Santorum quits race
The hiring reports were the toast of the market with the 3.5 mln new hiring in February creating a new rush order interest in the markets, volumes rising 60% on the NYSE. The number of unemployed in the economy for…
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Tagged with: Alcoa, Barack Obama, CPAC, Disability Insurance, Goldman Sachs, Obama, Old Age, Rick Santorum, Romney, United State, United States, Washington DC
Posted in Amitonomics, Banking, US
Posted in Amitonomics, Banking, US
Pelosi Amendment (STOCK ACT) signed into law | Insider Insight
The new law prohibiting Insider Trading on Capitol Hill i.e. among lawmakers and administrators privy to details of industries and upcoming regulations is to be signed by the President int he next few, ending an Era of ridiculous promiscuity when…
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Tagged with: Barack Obama, Capitol Hill, Insider trading, John Boehner, Legislator, Nancy Pelosi, Scott Brown, Senate, United States, United States Congress, Washington DC
Posted in Amitonomics, Financial Markets
Posted in Amitonomics, Financial Markets
US Economy: A 13 bp rise in retail Home loan rates hurt!!!
The Purchase and Refi indices crashed -1% and -9% for a composite downtick of 7.4% this week even as 3 in four mortgage applications were from Refi last week. Illinois in the meantime had a resounding 46% mandate for Romney,…
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Tagged with: Barack Obama, Day trading, Illinois, Master of Business Administration, Mid West, North East, Obama, Refinancing, Republicans, Romney
Posted in Amitonomics, Banking, Europe, European Sovereign Debt crisis, Global, US
Posted in Amitonomics, Banking, Europe, European Sovereign Debt crisis, Global, US
Iran Sanctions: Addendum : IEA / SPR withdrawal refuted
It seems that cat got the whitehouse’s tongue after the reaction to its withdrawal with the UK from the Strategic Reserves was pretty muted ( zerohedge mentions it as less than $2 to barrel ) CSX up 7% despite weak…
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Tagged with: Barack Obama, Brent Crude, European Union, International Energy Agency, Iran, Nuclear program of Iran, Saudi arabia, Strategic Petroleum Reserve, United States, Wikipedia
Posted in Amitonomics
Posted in Amitonomics
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