First he blamed "rigged polls" than he fired his team.
US-Congressmen and Women are elected for two years only. They will not follow a president with such low approaval rates for a longer time. Expect that Trump might stop his agressive tweets and become more calm for some weeks and month. If ever this might occur now than expect stockmarkets to go higher.
Trump Enters Office With Historically Low Approval Rating
by Mark Murray
Donald Trump starts his presidency Friday with the lowest-ever ratings for an incoming president, but also with some signs of increasing optimism for the country, according to results from a brand-new NBC News/Wall Street Journal poll.
A majority of Americans — 52 percent — say they disapprove of the way President-elect Trump has handled his transition and preparations for the presidency, versus just 44 percent who approve, which is down six points from only a month ago.
To put Trump's numbers into perspective, Barack Obama's approval rating was 71 percent before he took the oath of office in January 2009, and Bill Clinton's was 77 percent in December 1992.
(The NBC/WSJ poll didn't measure George W. Bush during his transition; his first job-approval rating, in March 2001, was 57 percent.)
‘Sell the inauguration’ speculation is stock-market ‘nonsense,’ says Wall Street bull
Published: Jan 14, 2017 2:15 p.m. ET
Expectations for at least a near-term stock-market correction once Donald Trump takes the presidential oath of office on Jan. 20 are running high. But one well-known Wall Street analyst argues that investors should shut out the speculation.
In a Friday note, Brian Belski, chief investment strategist at BMO Capital Markets, observed that, based on client conversations, a number of investors are convinced stocks are set for a “meaningful correction.”
At the same time, he said, those clients aren’t looking for a prolonged bear market, but are instead cooling their heels in hopes that a pullback will offer better buying opportunities, particularly once the odds of Trump’s proposals becoming enacted is more clear.
Billionaire Wilbur Ross auditions before Congress
By Matt Egan January 17, 2017 17:11PM EST
Wilbur Ross is a billionaire investor unaccustomed to being under the spotlight or being questioned publicly. But that's exactly what is scheduled to happen on Wednesday when he auditions before the U.S. Congress to become commerce secretary.
Ross, who's made a fortune by investing in failing companies, will likely face questions during his 10 a.m. ET Senate confirmation hearing about President-elect Donald Trump's trade agenda to resurrect U.S. manufacturing jobs.
facts & figures
Jump in manufacturing, tight labor markets show U.S. economic health: Fed
Economy17 minutes ago (Jan 18, 2017 02:20PM ET)
WASHINGTON (Reuters) - A pickup in manufacturing, "widespread" reports of labor shortages and improving business investment set the stage for the Federal Reserve's December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic conditions.
Manufacturers in "most" of the Federal Reserve System's 12 regions reported increased sales, the Fed reported in the document, a collection of anecdotal information from businesses assembled before each Fed meeting.
Fed officials said companies in their districts acknowledged the uncertainty surrounding the change of administrations in Washington, with a healthcare firm in the Boston region expecting "a possible headwind" from the battle over Obamacare.
Others worried about the potential fallout from trade tensions.
But in general, across industries "firms...were said to be optimistic about growth in 2017," while also reporting that it was becoming increasingly difficult to fill vacant positions. That issue is likely to intensify. "Labor markets were reported to be tight or tightening...District reports cited widespread difficulties in finding workers for skilled positions," the Fed reported. "Many districts...expect labor markets to continue to tighten in 2017, with wage pressures likely to rise and the pace of hiring to hold steady or increase."
Japan business mood up on growth prospects, wary on outlook: Reuters Tankan
Economic Indicators5 minutes ago (Jan 19, 2017 06:10PM ET)
By Tetsushi Kajimoto and Izumi Nakagawa
TOKYO (Reuters) - Japanese manufacturers' morale rose for a fifth straight month in January to a 2-1/2 year high and the service sector's mood jumped to its highest levels since mid-2015, a Reuters poll showed, thanks to a weak yen and buoyant share prices.
The latest Reuters Tankan underscores growth prospects for the world's third largest economy, but uncertainty lies ahead after U.S. President-elect Donald Trump is inaugurated on Friday, with his protectionist agenda casting doubts over the smooth conduct of global trade.
The Reuters' monthly poll - which tracks the Bank of Japan's key quarterly tankan - found confidence at manufacturers and service-sector firms slipping over the next three months.
In the poll of 531 large- and mid-sized firms, conducted between Jan. 4 and 17 and in which 266 responded, the sentiment index for manufacturers rose to 18 from 16 in December, driven by industries such as electronics and machinery.
Investors pull cash from stock funds ahead of Trump inauguration
Economy42 minutes ago (Jan 19, 2017 07:10PM ET)
By Trevor Hunnicutt
NEW YORK (Reuters) - Investors pulled $3.1 billion from U.S.-based stock funds over the last week, Lipper data showed on Thursday, showing a waning appetite for risk ahead of Donald Trump's inauguration as U.S. president.
The withdrawals are a first for U.S. stock funds this year, according to Lipper. The funds had been buoyed by Trump's November U.S. presidential election victory and the surprising equity rally that followed.
The Russell 2000 index of relatively small public U.S. companies has returned nearly 13 percent since the election.
Yet during the latest week, U.S. funds that buy shares in domestic companies posted $5.2 billion in withdrawals. By contrast, international stock funds added $2.1 billion.
"This could be the Trump rally coming to a natural end," said Pat Keon, senior research analyst at Thomson Reuters Lipper, "as the hard work of governing the country starts to come into play."
"We've seen some reversals of trends we've seen since the election," said Keon.
Speaking at a pre-inauguration concert Thursday night at the Lincoln Memorial, which featured performances by Lee Greenwood, Toby Keith and 3 Doors Down, Trump told the crowd he vowed to be a president "for all our people."
"It's a movement like we've never seen anywhere in the world, they say. There's never been a movement like this. And it's something very, very special," Trump said. "And we're going to unify our country. And our phrase, you all know it -- half of you are wearing the hat, 'Make America great again.' But we're going to make America great for all our people, everybody. Everybody throughout our country. That includes the inner cities. That includes everybody."
NASDAQ Comp.: New All Time High
SPX sets a new intraday all time high.
U.S. share indexes set record highs as Trump policies spur investors
Stock Markets24 minutes ago (Jan 25, 2017 03:54PM ET)
nvesting.com - U.S. share indexes rose to records on Wednesday with the Dow Jones Industrial Average hitting 20,000 for the first time on Wednesday as strong earnings and President Donald Trump's pro-growth initiatives reignited a post-election rally.
Trump has made several business-friendly decisions since taking office on Friday, including signing executive orders to reduce regulatory burden on domestic manufacturers and clearing the way for the construction of two oil pipelines.
The Dow was last quoted at 20,072.13, up 0.80%, while the S&P 500 rose 0.85% to 2,299.35 and the tech-heavy Nasdaq composite rose 1.01% to 5,657.79.
Trump has also proposed tax cuts and higher fiscal spending working with a Republican-controlled Congress.
Dow Jones Transportation Index: Impressive upmove.
If you follow the Dow Theory: The DJT is going to confirm any DJIA all time high if ever rising only a few points higher only.
Watch todays Lindsey Grahams comment on twitter
Border security yes, tariffs no. Mexico is 3rd largest trading partner. Any tariff we can levy they can levy. Huge barrier to econ growth /1
1,092 replies 7,528 retweets 14,604 likes
Simply put, any policy proposal which drives up costs of Corona, tequila, or margaritas is a big-time bad idea. Mucho Sad. (2)
Now check how many Senators Donald Trump can affort to loose more:
Lindsey Graham made the point: Not Mexiko is paying "The Wall". It is the U.S. consumer. Guess how many more senators might vote with a "NO".
USDMXN follow this logic for sure. The peso today again strengthen against the US Dollar - no matter what Donald Trump is telling or "repeating".
President Donald Trump’s net approval rating dropped by eight points in his first week in the Oval Office, according to daily polls tracked by Gallup.
On Sunday Jan. 22, two days after being sworn in, 45 percent of respondents said they disapproved of Trump’s job performance and 45 percent approved. By Friday Jan. 27, the percentage who disapproved rose to 50 and percentage who approved dipped to 42. Trump has had a busy but rocky first week in office, signing off a series of executive orders laying out major policy changes like a temporary ban on refugees and on citizens from seven majority-Muslim nations. He had a friendly meeting with British Prime Minister Theresa May on Friday, but raised tensions with Mexican president Enrique Peña-Nieto over his insistence that Mexico will pay for a southern border wall that the country does not want. Other national surveys show similarly low approval ratings for the President. Forty-four percent of respondents to a Quinnipiac survey released Thursday said they disapproved of his handling of the presidency thus far, while only 36 percent approved. Source: http://talkingpointsmemo.com/livewire/ga...
McCain, Graham lead in GOP criticism of Trump ban ...
Republican Sens. John McCain of Arizona and Lindsey Graham of South Carolina broke the GOP silence on Capitol Hill on Sunday to issue a scathing condemnation of President Donald Trump's ban on travel to the United States from seven Muslim-majority countries. ....
... t was the strongest criticism Trump has faced yet from the right, as congressional leaders largely deflect questions about the ban and aides say Trump is doing exactly what he pledged he'd do on the campaign trail. ...
.... That could change this week when lawmakers return to Washington and the Senate considers several of Trump's Cabinet nominees' confirmation ...
....On Capitol Hill, many GOP offices were non-responsive in the 24 hours after the executive order was signed, though more are now making statements.
The reason, according to GOP sources in both chambers, was two-fold: They were left out of the loop by the White House before the travel ban was announced, and they see political risk coming from both directions.
"Support it and get hit, oppose it and get hit," one GOP source said. "There will be time for discussion about this. Right now we'll let the administration take the lead." ...
The New York Post
New life for Mike Pence’s tweet calling Muslim ban ‘offensive and unconstitutional’
Published: Jan 29, 2017 7:06 p.m. ET
An old assertion of Vice President Mike Pence’s raised eyebrows over the weekend as it emerged from the annals of Twitter — and stood as a direct contradiction to President Donald Trump’s new executive order banning immigration from Muslim-majority countries.
“Calls to ban Muslims from entering the U.S. are offensive and unconstitutional,” then-governor Pence tweeted at 7:30 a.m. on Dec. 8, 2015.
After 13 consecutive days of something like a "Trump nightmare" expect stockmarkets to return to daily business focused on earning and global growth. Watch the NASDAQ Comp for another unexpected ATH in the next days lead by APPL, FB & TSLA.
FB today: After hours plus 4 USD or 3%. Expect tomorrow a huge break away gap leading the comp higher. https://invst.ly/36rts
Stop the Border Adjustment Tax
Don´t make hard working families pay more on essantiel products
Tell Congress No To The Border Adjustment Tax
Make your voice heard on how this misguided proposal will impact you, your family, and jobs in your local community.
Quote: UN Ambassador Haley hits Russia hard on Ukraine
(CNN)The US Ambassador to the United Nations offered a strong condemnation of Russia in her first appearance at the UN Security Council on Thursday, calling on Moscow to de-escalate violence in eastern Ukraine and saying that US sanctions against Moscow would remain in place until it withdraws from Crimea.
"The United States continues to condemn and call for an immediate end to the Russian occupation of Crimea," said Nikki Haley, President Donald Trump's envoy to the world body. "Crimea is a part of Ukraine. Our Crimea-related sanctions will remain in place until Russia returns control over the peninsula to Ukraine."
Haley was speaking at an emergency UN meeting about a sudden upsurge in violence in eastern Ukraine, where Russian-backed separatists have been fighting the Ukrainian army. Her remarks were notable for the stark difference between her rhetoric and Trump's.
On the campaign trail, the President hinted he might recognize Russia's annexation of Crimea. In the weeks before and after his inauguration, Trump's refusal to condemn Russian hacking during the election and his attacks on the intelligence community for investigating those hacks raised questions about his ties to Moscow.
Quote: The Fix
The leaks coming out of the Trump White House cast the president as a clueless child
All White Houses leak. Sometimes the leaks are big, sometimes small. But there are always people willing to talk to reporters about the “real” story or about why the chief executive made a mistake in regard to some decision he made.
That said, I've never seen so much leaking so quickly — and with such disdain for the president — as I have in the first six days of Donald Trump's presidency.
Two recent examples:
1. This from the New York Times today on Trump's impulsiveness:
Mr. Trump’s advisers say that his frenzied if admittedly impulsive approach appeals to voters because it shows that he is a man of action. Those complaining about his fixation with fictional voter fraud or crowd counts at his inauguration, in their view, are simply seeking ways to undercut his legitimacy.
Yet some of his own advisers also privately worry about his penchant for picking unnecessary fights and drifting off message. They talk about taking away his telephone or canceling his Twitter account, only to be dismissed by a president intent on keeping his own outlets to the world.
2. This from WaPo on Trump's inauguration crowd estimates:
Trump’s advisers suggested that he could push back in a simple tweet. Thomas J. Barrack Jr., a Trump confidant and the chairman of the Presidential Inaugural Committee, offered to deliver a statement addressing the crowd size.
But Trump was adamant, aides said. Over the objections of his aides and advisers — who urged him to focus on policy and the broader goals of his presidency — the new president issued a decree: He wanted a fiery public response, and he wanted it to come from his press secretary.
Time and again, the image of Trump pushed by his “aides” is one of a clueless child — someone who acts on impulse, disregarding the better advice of people who know better. We know he needs to be managed or else he will say and do stupid things, the message seems to be. We're working on it. And what we know about Trump from his presidential campaign is that some of his top staffers — most notably Kellyanne Conway — often communicated to the boss via the media. What that strategy suggests is that Trump is influenced at least as much — and, in truth, likely more — by reading the sniping of his aides on background (meaning without their names attached) in the news than he is by private conversations. That the best way to reach him, change his mind or otherwise bend his ear is through a public airing of grievances. Trump has shown that his tendency to obsessively consume media — especially cable television — is unchanged in the six days since he has become president. He appears to be making policy decisions via things he watches or reads. (Remember Trump's famous/infamous statement that he got his military information and advice “mostly from the shows.”) At odds with all of this, however, is the fact that Trump is both deeply proud and hugely image-conscious. Having to read and watch allegedly loyal “aides” casting him as a sort of feckless child constantly in need of guidance wouldn't seem to be the sort of thing that would sit well with him.
Read more: https://www.washingtonpost.com/news/the-...
Quote: White House ramping up search for communications director after Spicer's rocky start
By Jim Acosta, CNN Senior White House Correspondent
Updated 0502 GMT (1302 HKT) February 8, 2017
sean spicer dana bash _00030115
Washington (CNN)The White House is ramping up its search for a new communications director in an effort to lighten the load of embattled White House press secretary Sean Spicer, multiple sources told CNN.
A source familiar with internal communications said President Donald Trump is disappointed in Spicer's performance during the first two weeks of the administration.
Spicer has served as both White House press secretary and communications director for the new administration. Those roles are typically filled by two staffers.
Former Trump transition spokesman Jason Miller was originally tapped to serve as communications director for the White House, but Miller stepped aside before Inauguration Day to spend more time with his family.
A longtime Republican operative, Spicer is a close ally of White House chief of staff Reince Priebus. According to the source close to the hiring process, Trump is upset with Priebus over the selection of Spicer for arguably the administration's most visible position, next to the President.
Published: Feb 9, 2017 5:04 p.m. ET
The White House is describing President Donald Trump’s plan to host Japanese Prime Minister Shinzo Abe at his golf resort in Florida as a “gift,” a day ahead of the meeting in Washington between the two leaders. “That is a gift that the president is extending to the prime minister,” White House press secretary Sean Spicer told reporters Thursday about the planned weekend visit to Trump’s Mar-a-Lago estate. Abe and Trump are due to have talks at the White House Friday and the two are scheduled to travel together to the Palm Beach resort afterward. Questions have arisen about the ethics of the trip. Experts cited by The Wall Street Journal said the most appropriate option would be for Trump to host Abe at Mar-a-Lago as his guest, if Japanese government ethics rules permit. Source: http://www.marketwatch.com/story/mar-a-l...
Quote: Trump tax talk lifts Wall Street to record high
Stock Markets1 hour ago (Feb 09, 2017 04:32PM ET)
By Lewis Krauskopf
(Reuters) - Wall Street's three main indexes surged to fresh record highs on Thursday after President Donald Trump said he would make a major tax announcement in a few weeks. "Lowering the overall tax burden on American business is big league," Trump said during a White House meeting with airline industry executives. He gave no indication of what the announcement might entail.
The benchmark S&P 500 has rallied 7.9 percent since Trump's Nov. 8 election amid expectations he will usher in lower corporate taxes, but also reduce regulations and increase infrastructure spending. The rally had stagnated in recent days as investors sought details about Trump's policy agenda. Financials (SPSY), which have soared since the election, were the best-performing group, up 1.4 percent after three sessions of declines, while energy shares (SPNY) gained 0.9 percent. Those sectors stand to benefit should lower taxes spur economic activity as interest rates and the demand for energy rise, said Bruce McCain, chief investment strategist at Key Private Bank, in Cleveland. “Given the groups that responded and the enthusiasms within the market, it seems to be the tax comments that lit off the rally today," said Bruce McCain, chief investment strategist at Key Private Bank, in Cleveland. The Dow Jones Industrial Average (DJI) rose 118.06 points, or 0.59 percent, to 20,172.4, the S&P 500 (SPX) gained 13.2 points, or 0.58 percent, to 2,307.87 and the Nasdaq Composite (IXIC) added 32.73 points, or 0.58 percent, to 5,715.18.
All three indexes closed at all-time highs.
Quote: President Trump's National Security Advisor Michael Flynn resigns
Everett Rosenfeld | @Ev_Rosenfeld
Monday, 13 Feb 2017 | 11:49 PM ET
President Donald Trump's National Security Advisor Michael Flynn resigned on Monday.
The White House confirmed the resignation, announcing that Trump had named Lt. General Joseph Keith Kellogg Jr. as acting national security advisor. Flynn's resignation comes after days of speculation about his status within the administration and intense scrutiny into his discussions about Russia prior to Trump's inauguration. Reports on Monday said the Justice Department had earlier warned the White House that Flynn could be vulnerable to Russian blackmail.
Politics47 minutes ago (Feb 15, 2017 02:00PM ET)
Quote: MEXICO CITY (Reuters) - U.S. Secretary of State Rex Tillerson and Homeland Security head John Kelly will visit Mexico next Thursday, Mexico's foreign ministry said on Wednesday. The officials will meet with various members of the Mexican government to continue the dialogue agreed upon when U.S. President Donald Trump and Mexican President Enrique Pena Nieto spoke by phone in January, the ministry said in a statement. Source: MEXICO CITY (Reuters) - U.S. Secretary of State Rex Tillerson and Homeland Security head John Kelly will visit Mexico next Thursday, Mexico's foreign ministry said on Wednesday. The officials will meet with various members of the Mexican government to continue the dialogue agreed upon when U.S. President Donald Trump and Mexican President Enrique Pena Nieto spoke by phone in January, the ministry said in a statement. Source: https://www.investing.com/news/politics-...
Trump’s Approval Ratings Are Down. How Much Does It Mean?
John Harwood | @johnjharwood
6 Mins Ago
Quote: So, Sen. David Perdue of Georgia, a former retail executive, has pronounced border adjustment an economic threat. Sen. Tom Cotton of Arkansas, home base of Wal-Mart, has vowed to fight it. John Cornyn of Texas, who worries about the effect on oil prices and serves as the Senate's second-ranking Republican, last week pronounced border adjustment "on life support." Those three Republicans alone — if they hold firm — could be enough to sink the idea in a Senate where Republicans control just 52 seats. Source: http://www.cnbc.com/2017/02/21/border-ta...
Quote: U.S. stocks staged a last-minute rally on Friday, with major indexes turning positive ahead of the closing bell and the Dow extended its record-setting streak as investors shrugged off concerns the rally was overdone.
Both the S&P 500 and the Nasdaq rose for a fifth straight week, while the Dow brought its string of weekly gains to three.
The Dow Jones Industrial Average DJIA, +0.05% rose 9.1 points, or less than 0.1%, to end at 20,819.84. The blue-chip average rose for an 11th straight day for the first time since 1992, as well as its 11th straight record closing high—the longest such streak since 1987. The Dow had traded in negative territory for essentially the entire session, only breaking into the green with seconds to spare.
“There was concern that the market was getting tired and that we were losing momentum, but there are still significant inflows, because now even the pessimists want a piece of the action. It’s momentum driven, not fundamentally driven,” said Lawrence Glazer, managing partner at Mayflower Advisors. Source: http://www.marketwatch.com/story/dow-poi...
Quote: Investing.com - In the week ahead, global financial markets will focus on U.S. President Donald Trump's address to Congress on Tuesday for further details on his promises of tax reform, deregulation and infrastructure spending. Investing.com - In the week ahead, global financial markets will focus on U.S. President Donald Trump's address to Congress on Tuesday for further details on his promises of tax reform, deregulation and infrastructure spending. Quote: https://www.investing.com/news/economy-n...
The last SPX/SPY upmove started arround Jan 20th when most traders anticipate something like an "Ingauguration selloff / or crash". For Tuesday/Wednesday now is "sell the facts" maybe on option. If ever this might not happen and stockmarkets continue rising than everyone can anticipate that the last rally is not fueled by trump but based on stronger economic fundamentals than expected, followed by continued stock buy back programs, less IPO´s and on going cash flowing into stockmarkets.
Quote: Trump to address nation sandbagged by record low approval rating: NBC/WSJ poll
President Donald Trump will address the nation on Tuesday night saddled with the lowest approval ratings of any new chief executive in modern American history, a new NBC News/Wall Street Journal Poll shows. Source: http://www.cnbc.com/2017/02/26/trump-to-...
Until now each time something happens like this Trump later is trying to push "the Dow" higher to show that he doing right about the economy and that everyone needs to fight his "enemies".
(Reuters) - Quote: U.S. stocks struggled to find direction in early afternoon trading on Monday, shortly after the S&P 500 and the Dow hit record intraday highs on President Donald Trump's comments of a "big" infrastructure statement on Tuesday.
Trump's first address to a joint session of Congress on Tuesday evening is being closely watched by investors for clues on how he planned to carry out his agenda of boosting economic growth.
This trade is closed now. Time to focus more on European Stockmarkets.
.... but financials outperforming DJIA, SPX and COMP with a clear break out (plus 3,3%) anticipating that there is more room to the upside. Same time the DAX is up 2%. Europe might have more gains after all this elections later this year.
Before you read this news about todays market action (link below) keep your attention to the high level of putbuying at the CBOE: Total Intraday Put/Call Ratio 1,13. If ever there might be any higher number before the weekend the remind that usually high numbers like this are followed by a major spike to the upside some trading days later. Expect that a "fail" for Donald J. Trump might be nothing else than "sell the news" (for shortsellers). You need to invert the situation.
DAX Traders need to be aware that the EUWAX Sentiment Indicator today once more was extremely negative - means nothing else that putbuying was extremely high.
Quote: Wall St closes lower after Healthcare vote delay
Quote: President Donald Trump's approval rating has fallen to 37% — a new low, according to a Quinnipiac University national poll released Wednesday. The poll found the president to be losing crucial support among Republicans, men, and white voters. The survey of 1,056 voters from across the US found that Trump's approval among Republican voters dropped to 81%, from 91% of those surveyed in a similar Quinnipiac poll two weeks ago. His disapproval rating among that group jumped to 14% from 5%.
The poll showed those in Trump's most supportive demographics — male and white voters — to be increasingly unhappy with his performance. Forty-three percent of men approved of Trump — down from 49% in the most recent poll, while 44% of white voters approved, also down from 49%. "Most alarming for President Donald Trump, the demographic underpinnings of his support, Republicans, white voters, especially men and those without a college degree, are starting to have doubts," the assistant director of the poll, Tim Malloy, said in a statement. Source: http://uk.businessinsider.com/trumps-app...
(CNN)Steve Bannon, President Donald Trump's chief strategist, has been removed from his permanent seat at the National Security Council, multiple sources tell CNN, moving the council into a more traditional format.
The decision, which one source with knowledge said was made by Trump himself, comes after the President in January authorized the reorganization of the National Security Council to include Bannon as a permanent member of the panel. Source: http://edition.cnn.com/2017/04/05/politi...
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