Dow Wavers Because the Fed Won’t Rescue Wall Street from Trump

The Dow struggled to build on last Friday’s monster rally. There’s a crucial tariff deadline approaching. This week’s Federal Reserve policy meeting won’t rescue stocks from Trump. US stocks traded cautiously on Monday, preventing the Dow from building on last Friday’s monster 337-point rally. There’s a Federal Reserve policy meeting coming up this week, but […]

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More Trump Derangement in Media Coverage of Kentucky Election

Republican Matt Bevin loses Kentucky governorship to Democratic challenger Andy Beshear. Trump’s effort to boost unpopular Republican state leader is being twisted by the media again. Despite what mainstream media has to say, Tuesday’s election was not about Trump; it was about Bevin’s shortcomings as Governor. The Kentucky election result is all on Governor Matt […]

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FTSE 100 Tanks as Trump Points Multi-Billion Tariff Gun at Europe

The FTSE 100 plunged at the opening bell in London today, putting the UK stock market on track for its fourth-straight day of losses. It comes as Donald Trump brings his tariff war to European shores. The Trump administration announced tariffs on $7.5 billion ($6.1 billion) worth of European goods including aircraft, French wine, Scotch […]

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Resilient Dow Clings to 27,000 Despite Trump’s ‘Locked & Loaded’ Threat

The Dow took losses on Monday, but the stock market bellwether demonstrated its resilience in the face of Trump’s “locked and loaded” threat. | Source: Nicholas Kamm/Ho/AFP The Dow might not extend its eight-session winning streak into the new week, but the stock market bellwether is proving its resilience following a historic disruption to the […]

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Dow Eyes 7th Straight Win as US & China Back Away from Trade War Cliff

The Dow rose for the seventh straight day after the US & China each took steps to deescalate the trade war in preparation for the upcoming negotiations. | Source: Nicholas Kamm / AFP The Dow Jones Industrial Average and other major stock market indices crept closer to their all-time highs on Thursday after Beijing and […]

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Dow Suffers Steep Reversal as Trump Loses ‘Market-Friendly’ Moniker – CCN Markets

An initial gap higher in the Dow Jones was erased midday as investors lost faith in the positive spin Donald Trump is putting on the state of negotiations in the trade war. While there was no major sell-off, bears are still quick to dump bounces, highlighting the uncertainty that still pervades much of the wider […]

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US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin

Donald J. Trump tweeted Thursday that he is “not a fan” of cryptocurrencies, saying they were “not money” and referencing their price volatility relative to the dollar in his first public comments on crypto since becoming president of the United States. Trump also criticized Facebook’s Libra cryptocurrency project in subsequent tweets, saying it “will have little […]

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Dow Futures Collapses as Wall Street Screams Recession Alarms

By CCN: Dow Jones futures tumbled in early trading Monday as Wall Street firms triggered multiple recession warnings. The Dow is poised to open in the red as traders initiating a triple-digit selloff overnight. Risk-off mode is firmly engaged. JP Morgan Chase and Co. said the likelihood of recession in 2019 is now at 40 […]

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Dow Quivers as Beijing Slams Trump for ‘Naked Economic Terrorism’

By CCN: A hesitant Dow crept toward a paltry recovery on Thursday following a two-day bloodbath that wiped nearly 500 points off the index. The trade war continues to command Wall Street’s undivided attention, and Beijing’s latest provocations should terrify investors. Dow Creeps Toward Meager Recovery Wall Street betrayed a lack of conviction ahead of […]

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Ilhan Omar Boasts She’s Trump’s ‘Nemesis’ in Cringeworthy Rant

By CCN: First-year congresswoman Ilhan Omar boasts that she’s already President Trump’s number-one “nemesis.” Why? Because she’s a black woman who has no qualms about flouting our nation’s immigration laws. Writing on Twitter, she said: “This is a president who has come to power vilifying and demonizing immigrants and refugees. He proudly said we should […]

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