Missed By The Media: Trump’s 75.7% Tax Cut

By Zach Scheidt This post Missed By The Media: Trump’s 75.7% Tax Cut appeared first on Daily Reckoning. “Now boarding, flight 4890 to Baltimore” The gate agent was announcing my Sunday flight back to Baltimore. But I wasn’t listening. Instead, I was furiously scribbling calculations on a notepad. Had I really just found a way to cut taxes by 75.7 percent? I double checked all my figures. Then I used the super-slow airport wifi to make sure my sources were correct. And then… Everything added up. The tax loophole was completely legit. It had the potential to save hundreds of thousands in tax payments. And so far, no one had even noticed! “Flight 4890, This is your final boarding call” Oh crap! I was about to miss my flight! I shoved my notes into my carry-on and sprinted over to the gate. Just in time, I boarded the flight, armed … Continue reading

Stockman: Expect Fiscal Calamity in Washington

By Craig Wilson This post Stockman: Expect Fiscal Calamity in Washington appeared first on Daily Reckoning. [Ed. Note: To see exactly what this former Reagan insider has to say about Trump and the fiscal threats from the market facing a massive debt crisis, David Stockman is sending out a copy of his book Trumped! A Nation on the Brink of Ruin… And How to Bring It Back to any American willing to listen – before it is too late. Get your free copy CLICK HERE.] David Stockman joined CNBC’s Futures Now to discuss the Trump fiscal tax policy and what to expect from leadership in Washington. The interview started by asking about the Trump tax plan that was presented and what his read on the proposal. Stockman responded, “I think it is a wonderful fantasy. You could call it the Donald Trump candy store off of 1600 Pennsylvania Avenue. It … Continue reading

US thermal coal exports targeted by campaigning BC premier

By analyst By Andrew Topf The premier of British Columbia, Canada, has proposed a ban on the export of U.S. thermal coal from its ports in retaliation for the recent imposition of a 20% tariff on Canadian softwood lumber imports. Christy Clark, who is in the throes of an election campaign that ends with a vote on May 9, said she wrote a letter to Canadian Prime Minister Justin Trudeau to encourage the ban on U.S. thermal coal. “Essentially, what this does is it wipes out the last remaining option for U.S. coal exporters to get their products off the northwest coast to Asia” “We had an obligation to be good trading partners with our trading partners in the United States,” she told reporters at campaign stop last Wednesday in Surrey, just outside Vancouver. “They are no longer good trading partners with Canada. So that means we’re free to ban … Continue reading

ERP Strategic Minerals makes bid to re-open Mountain Pass

By analyst By Andrew Topf The United States’ only rare earths mine could be back in business if a bid to purchase the shuttered operation through bankruptcy proceedings is successful. Last week ERP Strategic Minerals, LLC announced that it has been selected as the “stalking horse bidder” by the Chapter 11 trustee for Molycorp Minerals LLC, a unit of Molycorp, which operated the mine in San Bernadino County, California, before closing it in 2015 due to low rare earths prices. A stalking horse bidder is the first bidder to make a bid out of a bankruptcy. “This is a complex venture which requires the skills of a reputable, high-quality team with best-in-class technical expertise in the mining sector”: ERP Strategic Minerals CEO Tom Clarke In a press release, ERP, which is part of the Virginia-based ERP Group of Companies, said it is working with Pala Investments Limited, a Swiss-based company … Continue reading

Why HealthSouth Stock is Rated a ‘Buy with Caution’ Today

By Rob Otman HealthSouth (NYSE: HLS) is a $5 billion company today. Investors that bought shares one year ago are sitting on a 15.78% total return. That’s below the S&P 500’s return of 17.92%. HealthSouth stock is underperforming the market. It’s beaten down… so is it a good time to buy? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company. Our system looks at six key metrics… [iu-adbox] Earnings-per-Share (EPS) Growth: HealthSouth reported a recent EPS growth rate of 15.38%. That’s below the healthcare providers & services industry average of 36.61%. That’s not a good sign. We like to see companies that have higher earnings growth. Price-to-Earnings (P/E): The average price-to-earnings ratio of the healthcare providers & services industry is 117.04. And HealthSouth’s ratio comes in at 17.25. It’s trading at a better … Continue reading

This Week on Wall Street: Apple Earnings, the Jobs Report and the Fate of the EU

By Samuel Taube Editor’s Note: Last Sunday was a bittersweet occasion for Investment U. Our former Editor-in-Chief, Andy Snyder, penned his last Lecture Notes column. Andy is leaving to focus on his passion project, Manward Press. My name is Samuel Taube, and I’m the new Managing Editor of Investment U. You may have read some of my articles in the last year. I have a passion for data analysis, education and improving my readers’ financial literacy. I can’t replace Andy’s folksy wisdom… but I can give you a well-researched, actionable briefing about what the coming week holds in store for investors. With that in mind, I’m excited to bring you the first issue of This Week on Wall Street below. What do Tim Cook and Marine Le Pen have in common? Both have taken big gambles in the recent past – and this week, they’ll see if those gambles paid … Continue reading

TheDailyGold Premium Update #515

By Jordan Roy-Byrne CMT, MFTA Saturday evening we published TDG #515, a 32 page update in which we reiterated our near term concern for the sector. We noted that although the bull market may be on pause or may not truly begin for perhaps another few quarters, the industry itself and industry fundamentals are much stronger than in 2014-2015 and could easily withstand a 10% drop in the Gold price and perhaps more. Hence, we are seeing various and numerous juniors performing well or at least holding up well in recent weeks. We also concluded that over the next few months we want to buy value and buy catalysts. The ideal buy situation is a company that is a good value, is trading near strong support and has a potential catalyst coming. Click Here to Learn More About TheDailyGold Premium …read more Source:: The Daily Gold The post TheDailyGold Premium … Continue reading

“Fed up, An Insider’s Take On Why the Federal Reserve is Bad for America”

By Big Al This interview will air next week on our network of radio stations. “Danielle DiMartino Booth has written an informed, thoughtful, eye-opening—and justifiably angry—memoir of her days at the Federal Reserve. A monetary broadside for our populist world.” James Grant, publisher of Grant’s Interest Rate Observer Download audio file (Genesis-Segment-8-May-6-Danielle-Di-Martubi-Booth-discussesher-book-Why-the-Federal-Reserve-is-Bad-for-America.mp3-use.mp3) …read more Source:: The Korelin Economics Report The post “Fed up, An Insider’s Take On Why the Federal Reserve is Bad for America” appeared first on Junior Mining Analyst. … Continue reading

Company Profiles – Sat 29 Apr, 2017

By Big Al Quality people usually result in a quality company. We initiate coverage of Avrupa Minerals Download audio file (Avrupa-Friday-use.mp3) I have known the key players of this company for most of my career. My opinion, not investment advice, is they are a group of well grounded, qualified folks. …read more Source:: The Korelin Economics Report The post Company Profiles – Sat 29 Apr, 2017 appeared first on Junior Mining Analyst. … Continue reading

Shoud You Buy Boston Beer Company Stock Today?

By Rob Otman Boston Beer Company (NYSE: SAM) is a $2 billion company today. Investors that bought shares one year ago are sitting on a -7.52% total return. That’s below the S&P 500’s return of 17.92%. Boston Beer Company stock is underperforming the market. It’s beaten down… so is it a good time to buy? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company. Our system looks at six key metrics… [iu-adbox] Earnings-per-Share (EPS) Growth: Boston Beer Company reported a recent EPS growth rate of -16.36%. That’s below the beverage industry average of -12.25%. That’s not a good sign. We like to see companies that have higher earnings growth. Price-to-Earnings (P/E): The average price-to-earnings ratio of the beverage industry is 58.1. And Boston Beer Company’s ratio comes in at 21.56. It’s trading at … Continue reading