2011- When asked how to solve the U.S. deficit, Warren Buffet responded: “You just pass a law that says that any time there’s a deficit of more than three percent of GDP, all sitting members of Congress are ineligible for re-election.”

For those who care, here’s the video where he says this I think he’s absolutely right. Nothing gets more shit done than consequences. https://www.cnbc.com/id/43670783 Warren Buffett says he could fix the U.S. deficit problem very quickly. Here’s his not-entirely serious (but …

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Why U.S. Stocks Hit A Record

by Lance Roberts The S&P 500 hit an intraday record of 2,876.16 today, surpassing its January 2018 peak that occurred before the violent 12% correction that ensued in February. The official reason for today’s bullish action is Fed Chairman Jerome Powell’s …

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DRUDGE RIGHT NOW:

TRUMP’S TRADE POLICY STRIKES AGAIN: US and Mexico have reached a trade deal, paving the way toward replacing NAFTA President Donald Trump says the deal would be called The United States-Mexico Trade Agreement, getting rid of the NAFTA name. Trump says …

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Fun Fact: The Russell 2000 index just hit record highs, but 60% of the debt issued by these companies are rated JUNK

Make sense? https://twitter.com/Nat0shiSakam0t0/status/1033795313298010112 https://t.co/SU8AzuJImP China slowdown pic.twitter.com/VuVNVKdV94 — Alastair (@StockBoardAsset) August 27, 2018 Chart: The relative attractiveness of cash vs. stocks continues to improve – pic.twitter.com/yvOQzrfkr4 — (((The Daily Shot))) (@SoberLook) August 27, 2018 Curve flattening is being googled the …

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