1. Daniel R. Joseph: Three Reasons We Don’t Need to Fear China
2. Jeff Cox: Stocks Could Benefit from Moving Average Breakout
3. Michelle Seiler-Tucker: The Obamacare Scare
4. Dr. Gerard Lameiro: Who Will Get the Unpledged Delegates at the GOP Convention?
5. John LeBoutillier: This Week on Political Insiders
Three Reasons We Don’t Need to Fear China
Given events between China and the U.S. over the last year, including showdowns over the South China Sea, cyberspace, Pacific trade agreements, currency manipulation, and the Asian Infrastructure Investment Bank, it isn’t surprising that China has been a popular topic on the campaign trail. Throw into the mix China’s massive military build-up and the Chinese government’s ongoing crackdown on dissent, it seems fitting that a policy analysis published last year by the prestigious Council on Foreign Relations suggested that the U.S. needs “a new grand strategy toward China that centers on balancing the rise of Chinese power rather than continuing to assist its ascendancy.” [more...]
Stocks Could Benefit from Moving Average Breakout
By Jeff Cox - Finance Editor for CNBC.com
A year that had been looking pretty bleak for the stock market suddenly appears to be turning a corner. Since the Feb. 11 low, the S&P 500 has gained about 14 percent, thanks to strong performance from materials and energy stocks. However, other sectors are starting to catch up to give the rally more balance, and that has triggered an important signal that historically has portended for even stronger gains. Last week, for the first time since September 2014, all 10 S&P 500 sectors were above their 200-day moving averages. Financials, which remain negative for the year but have gained more than 12 percent over the past three months, were the last group to cross over. [more...]
The Obamacare Scare
Obamacare just lost the biggest health insurance provider in the U.S. United Healthcare announced it will abandon nearly all Obamacare programs for 2017. After losing $475 million in 2015 and projections to lose $650 million for 2016, UHC is calling it quits on Obama’s attempt to remedy healthcare. United Healthcare will continue to provide Obamacare in just a small number of states, withdrawing from the vast majority of the current 34 it serves. They will continue to focus on providing individual and employment based healthcare. [more...]
Who Will Get the Unpledged Delegates at the GOP Convention?
It appears unlikely that either Trump or Cruz will get to the magic number of 1,237 delegates to garner the Republican presidential nomination on the first ballot in Cleveland in July. At that point, the “unpledged delegates” will become potentially critical in the nomination process. But there are also three other important groups of delegates that might give the nomination to Trump or Cruz. Some delegates are pledged to candidates who have suspended their campaigns. These delegates are the so-called “orphaned delegates.” In addition, some delegates are “pledged to be uncommitted.” Indeed, how will the unpledged, pledged to be uncommitted, and orphaned delegates vote in Cleveland? What about the “non-aligned delegates” who support a candidate other than the primary winners in their respective states? What’s going on with all these delegates? [Go here for a complete analysis...]
This Week on Political Insiders