Category: Kamala Harris

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Other than munching on some popcorn, tonight’s debate shouldn’t bring much benefit to traders.

Tonight’s debate between Vice President Kamala Harris and former president Donald Trump will likely leave traders with more questions than answers about how each candidate will use Executive power under the Constitution to drive expansion in the economy. The top concern of most Americans is how each candidate proposes to put a car in every … Continue reading Other than munching on some popcorn, tonight’s debate shouldn’t bring much benefit to traders.

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As the Democratic national convention ramps up, what numbers are we looking at?

As of 10:03 am today, Bloomberg reports a yield of 4.05% and 3.88% on two-year and 10-year U.S. Treasuries, respectively. Data as of 16 August from the Board of Governors of the Federal Reserve System reported two-year and 10-year yields of 4.08% and 3.92%, respectively. Meanwhile, the markets are betting on a cut in the … Continue reading As the Democratic national convention ramps up, what numbers are we looking at?

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Georgia businesses and consumers should start crunching the numbers under a Harris or Trump presidency…

Will Georgia see more federal largesse directed to the Peach State under a Congress and White House managed by the Democratic Party or managed under the Republican Party? Most of the electorate get hung up on personality and culture war issues while ignoring the business aspect of executive and legislative power. The taxing power relationship … Continue reading Georgia businesses and consumers should start crunching the numbers under a Harris or Trump presidency…

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The Full Employment Act. Ignored by Trump and Harris alike…

When Congress passed into law the Full Employment and Balanced Growth Act of 1978, it called on the Congress, the President, and the Board of Governors of the Federal Reserve System to coordinate on economic policy for the purpose of battling inflation and unemployment and securing economic growth. I believe this means that when the president proposes her goals and targets for the economy that she is able to persuade fiscal and monetary policy makers to reconcile their goals with hers. Continue reading The Full Employment Act. Ignored by Trump and Harris alike…

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I’m not expecting any political events to move the political events markets today …

Also, how fickle are Ms. Harris’ supporters? Ms. Harris’ popularity last year around this time was on par with the low approval ratings received by President Biden. Ms. Harris is enjoying a climb in the preference department, but as her record is challenged, will enough of her initial supporters jump ship and numbers move back in favor to Mr. Trump? Continue reading I’m not expecting any political events to move the political events markets today …

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As I wait for Kamala Harris’ inflation plan, I am convinced she knows nothing about monetary policy.

When you think about government, you should allow yourself to go outside the box. It means looking at the realities of human behavior and how we relate to each other. The only reason humans force themselves to be together is for the exchange of value. The values exchanged could be promises of physical protection exchanged … Continue reading As I wait for Kamala Harris’ inflation plan, I am convinced she knows nothing about monetary policy.