Another Failure of Obamacare

Anthem's Exit

Anthem Inc.'s decision to quit Ohio's Obamacare market will leave 13,000 people without any coverage option under the program next year. That number may rise to 300,000 if the health insurer follows suit in the rest of the states where it sells. Anthem, which currently oversee Affordable Care Act plans for about 1.1 million people in 14 states, is one of the largest of the multi-state insurers that hasn't pulled back sharply from selling individual plans in the ACA...

BIG WEEK FOR DEFENSE STOCKS

Defense Stocks at Record Highs

Several well-known American defense contractors got a big lift Monday thanks to new deals by the Saudi Arabian government to purchase weapons, ships, aircraft and other military equipment in the wake of President Trump's visit to the kingdom. Lockheed Martin said on Saturday that Saudi Arabia was spending more than $28 billion...

Shut Down the Big Banks

Trump Entertains Breaking Up Big Banks

President Trump entertained the idea of breaking up big banks Monday, sending major Wall Street stocks lower. Trump suggested that he is considering reinstating some form of Glass-Steagall, the repealed law that for decades mandated a separation between commercial and investment banks. "There's some people that want to go back to the old system, right?"

Blowout Earnings Add to an Overdone Market

Cattle Markets in Major Squeeze

Was Thursday a defining moment in the market? Amazon and Google had blowout earnings and both stocks exploded 50 points which was in expectations based on the options market. Bubba feels that this overall exuberance is bringing the markets to a decision point. Bubba views these markets as overdone, but adds that you can’t fight it...

Trump’s Tax Cuts Center Stage

The Battle Begins

The tax cuts are here, the tax cuts are here, or are they? Today on The Bubba Show, Bubba looks at the proposed cuts and likes what he sees, but the markets as predicted had already priced in the cuts with the rally slightly reversed and some profits taken, but no major damage...

By | April, 27, 2017|Categories: Podcasts, The Bubba Show|Tags: , , , , , , |0 Comments

Make NAFTA Fair

The End of NAFTA?

The Trump administration is considering drafting an executive order to withdraw the U.S. from the North American Free Trade Agreement with Mexico and Canada - though administration officials caution it's just one of a number of options currently being discussed by the president and his staff. It seems more likely than not that NAFTA will be coming to an end...

By | April, 27, 2017|Categories: Articles, Featured|Tags: , , , , , |0 Comments