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
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