Category Archives: Democrat

Democrat-Political News

Gold & Silver Trade Lower –

December Gold and Silver were lower in Tuesday trading.  Gold settled slightly above $1,273 an ounce and Silver settled above $21 an ounce.  Gold started to trend lower last week as Congress moved closer to an agreement on the debt ceiling. To … Continue reading

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Crude Oil Gains Slightly –

Crude oil continued to rise and traded over $96 a barrel on Tuesday.  Economic growth in China and unrest in Algeria supported prices.  In additon, the International Energy Agency increased their forecast for oil demand in 2013.  Crude oil prices have been increasing … Continue reading

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Fiscal Cliff –

Republicans and Democrats are still far apart in negotiations to avoid the fiscal cliff.  Treasury Secretary Tim Geithner and Republican John Boehner are involved in the negotiation process.  There are only 31 days left until January 1st. To read a related Fox News … Continue reading

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Bernanke Meets With Republican Senators –

On Wednesday, Federal Reserve Chairman Ben Bernanke met with Republican Senators to discuss the European Union sovereign debt crisis.  According to GOP Senators, Bernanke indicated that the European debt crisis could significantly impact the American economy.  The Euro fell below $1.30 in … Continue reading

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Republicans Target Capital Gains Tax –

A few Republican Presidential candidates are supporting the elimination of long term capital gains.  The reduction in the capital gains rate could spark investments and increase job growth.  Currently, there are five Republican Presidential candidates that support the capital gains … Continue reading

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Dollar Hits Record Lows –

 The U.S. Dollar continued to decline against all major currencies and hit record lows in trading.  The uncertainty surrounding debt negotiations between Republicans and Democrats are leading traders to sell the Dollar.  In afternoon trading the U.S. Dollar/ Euro exchange … Continue reading

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Still No Debt Deal –

The weekend is coming to a close and there is no agreement on raising the debt ceiling.  Republican and Democratic negotiators have discussed short and long term debt ceiling increases.  Republicans prefer a short term increase that would require Obama to request more funding … Continue reading

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Debt Plan Sends Dow Higher –

A possible agreement to raise the debt ceiling sent the Dow higher in aftenoon trading.  The Dow Jones gained over 200 points after Obama gave his approval for a debt agreement between  Republican and Democratic Senators.  The news also sent Gold prices … Continue reading

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Debt Ceiling Talks Continue –

Debt ceiling talks between Republican and Democratic leaders continued on Saturday.  There has not been an agreement on terms to raise the $14.3 trillion debt ceiling.  The debt ceiling must be raised by August 2nd or the U.S. would fall into default and financial … Continue reading

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Republicans May Agree To Raise Debt Ceiling –

Republicans may agree to a short term deal to raise the debt ceiling.  According to the U.S. Treasury Department, the debt ceiling has to be raised by August 2nd to meet current obligations.  The current debt ceiling is $14.3 Trillion and negotiations will … Continue reading

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Municipal Bond Tax Exempt Proposals –

Municipal bonds are facing proposals that would eliminate their tax exempt status.  Republican Paul Ryan submitted a budget proposal that was aimed at lowering the deficit but also would end municpal bond tax exemption.  It is not likely that municipal bonds will lose … Continue reading

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Congress Passes Tax Cuts –

Congress passed the bill to extend the Bush era tax cuts for another two years.  The bill also includes estate tax provisions that increase exemptions and address gift tax and generation skipping tax issues.  Today, the House voted 277-148 in support of the bill … Continue reading

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Republican Stock Market?

The sweeping victories by the Republicans may serve to keep the bulls running in the market.  The House is now solidly controlled by the Republicans and Democratic control of the Senate has been watered down a great deal.  Democrats in … Continue reading

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Stock Market Rises –

The Dow Jones Industrial Average is up 74 points on the day with investors focused on the election and the Federal Reserve.  The expectation that Republicans will make gains in both the House and Senate are part of the reason … Continue reading

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Market Waits For Election –

The stock market slowed down at the end of the week as many investors wait for the election results.  Tuesday could bring a split Congress or Republican control of both houses.  Currently, Republicans are expected to win more than the … Continue reading

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