Archive for January 4th, 2016

04
Jan
16

The Gun Lobby Can’t Hold America Hostage

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04
Jan
16

The President’s Day

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U.S. President Barack Obama meets with Attorney General Loretta Lynch (2nd L), Acting Director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) Thomas Brandon (L) and FBI Director James Comey (R) to discuss what executive actions he can take to curb gun violence, at the White House in Washington January 4, 2016. REUTERS/Kevin Lamarque

President Barack Obama meets with Attorney General Loretta Lynch, Acting Director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) Thomas Brandon, and FBI Director James Comey to discuss what executive actions he can take to curb gun violence

U.S. Attorney General Loretta Lynch (L) looks toward U.S. President Barack Obama during a meeting with other top law enforcement officials to discuss what executive actions he can take to curb gun violence, in the Oval Office of the White House in Washington January 4, 2016. Behind Obama is a bust of Martin Luther King Jr. REUTERS/Kevin Lamarque TPX IMAGES OF THE DAY

04
Jan
16

The Dollar Keeps Growing In Strength. Thanks, President Obama

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Ari Alstedter: Obama Dollar Rally Is Forecast to Join Clinton, Reagan Upturns

The dollar has an opportunity to make history. After three straight years of gains, strategists are forecasting the U.S. currency will be a world beater again in 2016, strengthening against seven of 10 developed-world peers by the end of the year, according to the median estimate in a Bloomberg survey. That outlook is backed by the Federal Reserve’s stated intent to continue raising interest rates while peers in the rest of the world keep them flat or lower.

The rally that started during President Barack Obama’s second term is poised to join a category defined by only the biggest, most durable periods of dollar strength since the currency’s peg to gold ended in 1971. “This is the third big dollar rally we’ve had,” said Marc Chandler, global head of currency strategy in New York at Brown Brothers Harriman & Co. “The Obama dollar rally, I think, is being fueled by the divergence in monetary policy.” That comes after three straight years of gains for the U.S. Trade Weighted Real Broad Dollar Index, a monthly weighted average of the dollar against the currencies of its main trading partners compiled by the Fed back to 1973

More here

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04
Jan
16

Early Bird Chat

Randomness from yesterday

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 Today

2:10 ET: The President meets with Attorney General Loretta Lynch, Deputy Attorney General Sally Yates, FBI Director James Comey and ATF Deputy Director Thomas to discuss his upcoming gun control executive order




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