2018-11-11 13:42:00 Sun ET
technology social safety nets education infrastructure health insurance health care medical care medication vaccine social security pension deposit insurance
Michael Bloomberg provides $80 million as campaign finance for Democrats to flip the House of Representatives in the November 2018 midterm elections, gears up his presidential bid, and eyes the Democratic nomination for 2020. Bloomberg now actively considers a presidential campaign as a Democrat in 2020, and he figures out that the Democrat nomination would be his only path to the White House even though he voices stark disagreements with many progressive proponents on bank regulation, law enforcement, and the recent #MeToo movement.
At age 76, Bloomberg is a financial media multi-billionaire and a former New York City mayor. On the economic front, Bloomberg considers himself more familiar with macro policy issues and reforms that would better shape U.S. real macro variates such as real GDP per capita, employment, and capital investment etc. Bloomberg has entertained the pragmatic idea of pursuing U.S. presidency many times before, and continues to show little preference for the rough-and-tumble tactics of partisan political discourse. There is a fair chance that Bloomberg receives the Democratic nomination to win the U.S. presidential bid against President Trump. This putative scenario might overturn the Trump set of both supply-side fiscal stimulus and bank deregulation with more realistic structural reforms in education, residential estate, and financial market stabilization.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-04-25 09:35:00 Thursday ET
Bridgewater hedge fund founder Ray Dalio suggests that the current state of U.S. capitalism poses an existential threat for many Americans. Dalio deems the
2019-09-07 17:37:00 Saturday ET
Federal Reserve Chair Jerome Powell announces the monetary policy decision to lower the federal funds rate by a quarter point to 2%-2.25%. This interest rat
2019-04-15 08:37:00 Monday ET
Chinese Belt-and-Road funds large international infrastructure investment projects primarily in East Asia, Central Asia, North Africa, and Italy. Chinese Be
2019-01-03 10:38:00 Thursday ET
American parents often worry about money and upward mobility for their children. A recent New York Times survey suggests that nowadays American parents spen
2017-04-13 10:42:00 Thursday ET
President Donald Trump unveils the dramatic *tax overhaul proposal*. Through this tax plan, Trump replaces the current 7 income tax brackets with 3 leane
2019-02-17 14:40:00 Sunday ET
U.S. economic inequality increases to pre-Great-Depression levels. U.C. Berkeley economics professor Gabriel Zucman empirically finds that the top 0.1% rich