Salient to Investors:

Caroline Baum writes:

Obama’s proposal to cut the corporate tax rate in exchange for new spending on education, training and infrastructure is a non-starter.

50 percent of economists say the Fed will taper in September but if economic conditions change, the Fed’s actions will change with them.

The housing market is healing but would have done so without the Fed focusing on long-term rates to boost housing, so it is time to leave fiscal policy to the federal government.

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