Has the GDXJ rebalancing already happened?
There has been a lot of coverage on the rebalanceing of GDXJ and a number of investors trying to get ahead of the news. In my conversation with David Erfle, founder of the Junior Miner Junky, we discuss the potential that GDXJ has already completed most of the rebalanceing and now we are seeing some strong juniors start to move back up.
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The details of the GDXJ rebalance was announced on June 9th. Twenty two stocks were added with none dropped. With the news out, I suspect everything is pretty much priced in now. You can download a spread sheet here.
WASHINGTON (AP) — President Donald Trump told Republican senators Tuesday that the House-passed health care bill he helped revive is “mean” and urged them to craft a version that is “more generous,” congressional sources said.
Trump’s remarks were a surprising slap at a Republican-written House measure that was shepherded by Speaker Paul Ryan, R-Wis., and whose passage the president lobbied for and praised. At a Rose Garden ceremony minutes after the bill’s narrow House passage on May 4, Trump called it “a great plan.”
The president’s criticism, at a White House lunch with 15 GOP senators, also came as Senate Republican leaders’ attempts to write their own health care package have been slowed by disagreements between their party’s conservatives and moderates.
Trump’s characterizations seemed to undercut attempts by Senate leaders to assuage conservatives who want restrictions in their chamber’s bill, such as cutting the Medicaid health care program for the poor and limiting the services insurers must cover. Moderate GOP senators have been pushing to ease those restrictions.
Facing expected unanimous Democratic opposition, Republicans will be unable to pass a Senate bill if just three of the 52 GOP senators vote “no.” Alienating any of them could make approving the measure trickier for Senate Majority Leader Mitch McConnell, R-Ky., who’s been hoping for a vote before Congress’ July 4 recess.
Trump’s a liberal.
What part of the “US is broke” does he not understand?