Article
No Hikes For You
No Hikes For You
By Peter Tchir of Academy Securities
Much of the country is facing extreme heat and humidity this weekend. It makes it difficult to read and get ready for the week, let alone write something for this week, so we will keep this one short and focus on charts.
The markets started and ended the week with a bang. We continue to keep a close eye on the stocks and sectors most affected by Situational UnAwareness (last weekend’s T-Report). The Nasdaq 100 had an insanely strong Tuesday, gave up...
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Summary
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What England Can Teach Us About 'Democratic Socialism'
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Authored by Stephen Moore via The Epoch Times,
If you want to see modern-day socialism in action, look no further than to the other side of the pond at not-so-jolly old England. The story of Britain’s decline is a warning signal to those here in the States who are thrilled by the warm embrace of socialism.
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Crestfallen Commie Mamdani Abandons Planned Property Tax Hike On New Yorkers
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Looks like NYC's communist mayor has had second thoughts about extracting more taxes by raising New Yorkers' property taxes - something he vowed to do to help close a two-year deficit.
According to Bloomberg, the decision to drop the tax hike will be included in Mamdani's executive budget released today, which will mark the latest version of his spending plan for the fiscal year beginning July 1.
This is separate from a tax on second homes (the so-called pied-à-terre) that was initiated by...
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