News

Magazine archive
Biden says he’s been carrying out ‘most aggressive climate agenda’ in history as he designates CA monuments

President Biden on Tuesday signed proclamations to establish the Chuckwalla National Monument and the Sáttítla Highlands National Monument, which will protect hundreds of thousands of acres of land in California, during his last week in office.  The event was delayed by a week due to the destructive wildfires raging in Southern California, and Biden revealed that he had wanted to do the ceremony in the state, but it had to be moved to the White House. ...

The Hitchhiker’s Guide to confirming Trump Cabinet nominees — perhaps even during inaugural balls

Expect a traffic jam in the Senate soon as the race is on to confirm President-elect Trump’s cabinet nominees. In short, nothing can happen until President-elect Trump takes office on Jan. 20. Yes, there will be plenty of Trump loyalists attending various inaugural balls around town. But once the inauguration festivities conclude at the Capitol, the Senate will get down to business. A handful of committees are already angling to schedule ‘markups’ to potentially discharge...

Investors Await CPI and Bank Earnings: Will They Spark Investor Optimism?

The December Producer Price Index (PPI) came in cooler than expected, as equities rose in early trading, sold off, and then rebounded. The Dow Jones Industrial Average ($INDU), S&P 500 ($SPX), S&P 400 Mid-Cap Index ($MID), and S&P 600 Small-Cap Index ($SML) closed higher. The Nasdaq Composite ($COMPQ) and the Nasdaq 100 Index ($NDX) closed lower. There’s concern the equity market is getting toppy. Will the December CPI and bank earnings on Wednesday be able...

GOP Sen. Joni Ernst officially backs Pete Hegseth for DOD after initial uncertainty

: Sen. Joni Ernst, R-Iowa, officially endorsed Pete Hegseth for Secretary of Defense on Tuesday night, despite expressing some initial uncertainty following their first meeting.  ‘After four years of weakness in the White House, Americans deserve a strong Secretary of Defense,’ Ernst told Fox News Digital in an exclusive statement. ‘Our next commander in chief selected Pete Hegseth to serve in this role, and after our conversations, hearing from Iowans, and doing my job as...

‘Clear vision’: Conservatives rally around Hegseth after ‘crushing’ fiery confirmation hearing

Reactions poured in on social media and elsewhere as Secretary of Defense nominee Pete Hegseth was grilled by Democrats on Capitol Hill following a tense confirmation hearing that often got personal. ‘Pete Hegseth is crushing it,’ Former White House Press Secretary Ari Fleischer posted on X. ‘It is refreshing to hear someone relentlessly focus on warriors and lethality, without playing Washington’s word-salad game of forcing nominees to talk like social workers who run government agencies.’ ‘The...

The Bullish Case for Small Caps vs. Large Caps

Will small cap stocks finally take on a leadership role in 2025? In this video, Dave provides a thorough technical analysis discussion of the Russell 2000 ETF (IWM) and how that compares to the current technical configuration of the S&P 500 index. He also shares three charts he’ll be watching in the coming weeks to determine whether small caps are more likely to outperform their large cap counterparts. This video originally premiered on January 14,...

Gold Prices: De-Dollarization, Inflation, and $3,000 Gold—What You Need to Know Now

Gold has been in the headlines over the last few months, perhaps more so now than in years. This heightened attention stems from shifts in global conditions, including worldwide inflation, escalating geopolitical tensions, a surge in central bank gold purchases, de-dollarization efforts, and the influence of BRICS nations. If you follow financial media, $3,000 an ounce is the key number, according to analysts from Goldman Sachs, Bank of America, and Citi research, though their timings...

Gold Star families devastated by Biden’s botched Afghanistan withdrawal endorse Hegseth for SecDef

Families who lost loved ones during the disastrous 2021 withdrawal from Afghanistan are throwing their support behind Secretary of Defense nominee Pete Hegseth. Hegseth, who President-elect Trump tapped to head the Defense Department, underwent questioning from the Senate Armed Services Committee during his confirmation hearing on Tuesday, where he faced over four hours of questioning from Republican and Democratic lawmakers. The Abbey Gate Coalition, a group of the parents and families of those who tragically...

Top 5 moments from Pete Hegseth’s Senate confirmation hearing

President-elect Donald Trump’s pick to lead the Department of Defense, Pete Hegseth, faced a Senate grilling on Tuesday as lawmakers determine whether they will vote in support of the nominee.  Hegseth faced intense questioning from Democrats in his Armed Services Committee hearing, including his previous comments related to women serving in military combat roles, and was also interrupted by protesters who disturbed the hearing at some points.  Trump nominated Hegseth in November, just days after...

Dem senator ripped for invoking Hegseth’s young daughter in ‘despicable’ confirmation hearing exchange

Sen. Tim Kaine, D-Va., invoked secretary of Defense nominee Pete Hegseth’s daughter during a heated hearing, prompting pushback from conservatives on social media who argued that the comments crossed a line.  So you think you are completely cleared because you committed no crime?’ the former vice presidential candidate said to Hegseth during his Senate confirmation hearing on Tuesday.  ‘That’s your definition of cleared. You had just fathered a child two months before by a woman...