There is nothing as too far right in Alabama. The big story here is that in light of Bannon's attempts, and even Trump endorsing him, the people of Alabama let their voices be heard and said they don't want this guy representing them.
Everyone thinks Alabama is a toothless redneck state and just a bunch of bible thumpers....that's simply not true. They are mostly in the middle. The news media only prints things that reinforce that idea.
sweet home alabama. my birth state! haven't been back there since i was like 3 so we have the fed announcement and yellen presser at 2pm eastern today ... chop until then?
@Jrich looks like we hit your target on the cash spx ... i believe you were callin' for 2670 next? or was that 2760? can't remember ... but a great call once again!
Trump says he would sign bill with 21 percent corporate tax rate https://www.cnbc.com/2017/12/13/hou...n-sweeping-tax-package-ap-citing-sources.html House and Senate leaders have a tentative deal on a final tax bill, Sen. Orrin Hatch says. Hatch did not go into any more details about what the plan would contain. Republicans want to pass a tax-cut bill and send it to President Donald Trump's desk before the end of the year. Now looks like tax cut probably is a done deal. Market moving off the highs though, will be interesting to see if we see sell the news/profit taking when Trump signs the bill
whelp it's looking like we'll get another record close on the spx today ... that would be the 61st record closing high for the spx this year which would mark the 3rd most record closes for a single year ever in history. 1995 had 77 record closes and 1964 had 65 <-- we could possibly challenge that one.
pretty large beats on those econ. #'s this morning including upward revisions to last months ... it's looking more and more likely like we'll do another 3% on headline gdp this quarter which could make for the first time we've done 3% or better for 3 quarters in a row in a looooooong time
with the fed and ecb now out of the way, tax reform looking like it'll get done before xmas, and most of the key econ. reports through (like the NFPs and retail sales) looks like we're in the all clear for the SCR absent a black swan event.
