$DIA, $SOX, $QQQ, $SPY, $RUTX, $VXX The US Financial Markets are Closed Monday to Celebrate Memorial Day Note: The US economy is so diverse that there are always areas that are insulated from whatever you may be concerned about. The US-China trade dispute has driven dividend-rich sectors like utilities higher, but investors do not need […]
Dow Jones Industrial Average (.DJI) dives, Donald Trump sees the U.S. economy as his ticket to re-election and his Trump card in the China trade war The Trump economy may be the greatest in history, according to the tweeter in chief. President Donald Trump sees the U.S. economy as his ticket to re-election and his […]
Singapore: STI Index (.STI) Trump weighs blacklisting more Chinese technology companies Overall, the bias in prices is: Downwards. The projected upper bound is: 3,248.77. The projected lower bound is: 3,117.18. The projected closing price is: 3,182.97. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX Note: The Mins from the May FOMC meeting showed that policymakers are comfortable with the current fed funds rate range while “a number of participants” saw a moderation in risk and uncertainties surrounding their outlooks for the year. The Key takeaway is that the stock market has a reasonable […]
Monday sources said that President Trump plans an official launch to his re-election campaign in mid-June, the 4-year anniversary of his 1st run, sources said on Monday. President Trump is likely to kick off his campaign with a rally in Florida, possibly on 15 June, followed in the days afterward with stops in battleground states. […]
United States Oil (USO) prices up as Trump threatens Iran, OPEC mulls output cuts Crude oil prices jumped higher at the start of the trading week after US President Trump threatened Iran via Twitter, warning officials in Tehran that if they want a fight, that will “be the end” of the Islamic Republic. Tensions between the two countries […]
$HD Billionaire businessman Ken Langone said President Trump is “doing the right thing” by increasing tariffs on China. “It’s got teeth,” the co-founder of Home Depot (NYSE:HD) said Thursday. “The only way you’re going to get somebody to a table for negotiations is when they have something to lose,” said Mr. Langone, also the founder of […]
Dow Jones Industrial Average (.DJI) made a sudden recovery after the Trump administration schemed to salvage the embattled U.S.-China trade deal The Dow and broader U.S. stock market erased early losses Wednesday amid reports that the Trump administration was planning to send an envoy to Beijing to resume high-stakes trade negotiations. DOW MAKES SURPRISE RECOVERY; S&P 500, […]
Australia: S&P/ASX 200 (.AXJO) upbeat comments from US President Donald Trump soothed investors’ nerves Australian shares rebounded firmly on Wednesday, recovering almost all their losses from the previous session, as upbeat comments from US President Donald Trump soothed investors’ nerves. The S&P/ASX 200 Index rose 44.3 points, or 0.7 per cent, to 6284.2 while the broader […]
Singapore: STI Index (.STI) U.S. President Donald Trump’s upbeat remarks on Sino-U.S. trade talks helped repair bruised optimism Most Southeast Asian stock markets advanced on Wednesday, following a firmer finish on the Wall Street, as U.S. President Donald Trump’s upbeat remarks on Sino-U.S. trade talks helped repair bruised optimism. All three major U.S. stock indexes […]
President Trump has shaken the world trade order by imposing unilateral tariffs to combat what he calls unfair trade practices by the EU, Canada, Mexico, China and other major trading partners of the US. US GLOBAL TARIFFS – 25% tariffs on imported steel and 10% tariffs on imported aluminum, imposed on 23 March 2018 on […]
FLASH: US and China at impasse over trade, Larry Kudlow says new tariffs will remain. The United States and China appeared at a deadlock over trade negotiations Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any “bitter fruit” that harmed its interests. The trade dispute […]
Hong Kong: HANG SENG INDEX (.HSI) President Donald Trump says US-China relations remain “very strong” Mr Trump said talks between Washington and Beijing will continue even after a deadline passed on Friday for them to reach an agreement. As a result the US raised tariffs to 25% from 10% on goods from China. China says […]
Last month President Trump went to Wisconsin late, there he boasted about the state’s unemployment rate, which has been at or near 3% for more than a year. “It’s never been this low before. Ever, ever, ever,” he said. That is true, and it is a message that strikes home with people who live paycheck […]
President Trump said it would be wise for China to “act now” to finish a trade deal with the US, predicting that “far worse” terms would be on offer for them after what he predicted would be his certain re-election in Y 2020. “I think that China felt they were beaten so badly in the […]
China and the US have agreed to hold more trade talks in Beijing, Vice Premier Liu He said as President Trump ordered his trade Chief to begin the process of imposing tariffs on all remaining imports from China. Mr. Liu voiced some optimism on reaching a deal, but said there were “issues of principle” on […]
NASDAQ Composite (.IXIC) Trump talks of ‘beautiful letter’ from China’s Xi U.S. stocks pulled well off the day’s lows Thursday but the S&P 500 and the Nasdaq finished lower for a fourth session as trade tensions ramped up after U.S. President Donald Trump threatened tariff retaliation on China, which he claims “broke the deal”. However, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street declines for 4th day running, finished near session highs President Trump firm on tariffs, driving concerns about the trade dispute with China The S&P 500 held its 50-Day MA at 2860 on the close The CBOE Volatility Index (VIX), Wall Street’s ‘fear factor’ closed well off session highs […]
Hong Kong: HANG SENG INDEX (.HSI) US President Donald Trump has said China “broke the deal” in trade talks, ramping up hostilities ahead of negotiations between the two sides AGENCIES NEW YORK US President Donald Trump has said China “broke the deal” in trade talks, ramping up hostilities ahead of negotiations between the two sides. […]
Australia: S&P/ASX 200 (.AXJO) President Donald Trump’s tariff hikes looms Australian shares fell to a two-week low on Wednesday after sentiment surrounding US-China trade negotiations swung suddenly from positive to negative in Northern Hemisphere trading. The S&P/ASX 200 Index slid 26.6 points, or 0.4 per cent, to 6269.1 while the broader All Ordinaries fell 31.7 […]
President Trump Tuesday to take “harsh measures” if congressional Democrats do not take action against immigration loopholes. President Trump Tweeted Tuesday morning: “Democrats in Congress must vote to close the terrible loopholes at the Southern Border. If not, harsh measures will have to be taken!” The White House has requested billions in emergency funds from Congress […]
Hong Kong: HANG SENG INDEX (.HSI) investors remain on edge after Donald Trump’s threat to hike tariffs on Chinese imports Hong Kong and Shanghai stocks edged up in the opening minutes of trade on Tuesday after the previous day’s sharp losses, but investors remain on edge after Donald Trump’s threat to hike tariffs on Chinese […]
Dow Jones Industrial Average (.DJI) under tremendous pressure after President Donald Trump threatened new tariffs on Chinese goods President Donald Trump’s weekend tweets threatening new tariffs on Chinese goods sent global markets into what one firm called a “risk-off frenzy” on Monday morning. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all fell […]
NASDAQ Composite (.IXIC) under tremendous pressure early Monday after President Donald Trump threatened new tariffs on Chinese goods President Donald Trump’s weekend tweets threatening new tariffs on Chinese goods sent global markets into what one firm called a “risk-off frenzy” on Monday morning. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all fell […]
President Trump railed Monday against calls from an ugly/mean-spirited Representative Al Green (D-TX) for his impeachment, saying that Democrats cannot win the election fairly and that a President cannot be impeached for creating “the best economy in our country’s history.” “’Democrat Texas Congressman Al Green says impeachment is the only thing that can prevent President […]
Monday, President Trump awarded iconic golf champion Tiger Woods the nation’s highest civilian honor describing him as a “true legend” who transformed golf and then fought through years of injury to return to the sport’s Top Tier. Mr. Woods, 43 anni, is the 4th golfer to earn that distinction and the youngest. While Mr. Woods […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: DJIA tested to its 50-Day MA and bounced, as sellers were few and buyers came in and bought the dip. There was no fear in the market from the US-China issues and/or President Trump’s hammering of Iran. Savvy market participants see President Trump’s China goods tariff threat as a […]
Hong Kong: HANG SENG INDEX (.HSI) market goes into meltdown mode after Trump warns of new tariffs threat Donald Trump is certainly predictable when it comes to being unpredictable. While that might sound like an oxymoron, the United States President has taken a verbal “sledgehammer” to trade talks with China and a wrecking ball to […]
Shanghai: SSE Composite Index (.SSEC) Trump turns up Trade pressure on China Chinese stocks tumbled along with the yuan as a pair of tweets by President Donald Trump undermined confidence in a trade agreement. The ChiNext Index of technology companies and small caps dropped the most since January 2016 as trading on mainland markets resumed after last […]
NASDAQ Composite (.IXIC) tumble after Trump’s latest tariff threat U.S. stock futures fell sharply Sunday, after President Donald Trump said he would raise tariffs this week on $200 billion of Chinese goods to 25%. Dow Jones Industrial Average futures YMM9, -2.08% sank more than 480 points, or 1.8%, while S&P 500 futures ESM9, -2.07% fell […]
Update: President Donald Trump’s top trade negotiator said the U.S. plans to raise tariffs on Chinese goods Friday, accusing Beijing of backpedaling on commitments it made during negotiations. The trade talks will continue and a Chinese delegation will visit Washington on Thursday and Friday, US Trade Representative Robert Lighthizer told reporters Monday in Washington. The […]
Saturday, President Donald brushed off noise of a possible weapons test by NKorea, vowing that leader Kim Jong Un “will do nothing to interfere” and that a denuclearization deal with the US “will happen.” The Tweet, posted while President Trump was in route to the Trump National Golf Club in Virginia, was the President’s 1st […]
Friday, Vice President Mike Pence said the Fed should consider cutting interest rates given the absence of inflation in the economy, joining President Trump and Larry Kudlow, our President’s Top economic adviser, in pressuring the central bank on monetary policy. “There is no inflation, the economy is roaring,” VP Pence said in an interview on […]
The Big Q: Does anyone object to that? The Big A: No one that I know of. Again every forecast, the actual number of jobs created in April has exceeded expectations and shows that The Trump Expansion is gaining momentum. In April, the US economy added 263,000 jobs. The unemployment rate dropped to 3.6% which […]
FLASH: Our President’s approval rating is soaring once again despite the Democrats doing their best to cry about losing and hurt feelings. The Rasmussen Reports daily Presidential Tracking Poll Thursday shows that 51% of likely US Voters approve of President Trump’s job performance. CNN Poll: 43% of Americans approve of the job President Trump is […]
FLASH: The Trump Administration Wednesday asked Congress for $4.5-B in immediate emergency funding, saying a surge in Central American children and families claiming asylum at the US southern border had drained government resources. The money would come on Top of the funding President Trump has redirected to make good on a central pledge of his […]
FLASH: The Trump Policies are working US consumer confidence was up in April as Americans felt more optimistic about present and future economic conditions, underscoring how a tight labor market and higher wages are underpinning attitudes amid some uncertainty. The Conference Board’s index climbed to 129.2, according to data from the New York-based group Tuesday that topped […]
FLASH: President Trump and Democratic congressional leaders agreed Tuesday to work together on a $2-T infrastructure program Senate Minority Leader Chuck Schumer (D:NY) said there was “good will in the meeting” and that the 2 sides agreed that infrastructure investments create jobs and make the United States more competitive economically with the rest of the […]
FLASH: President Trump is Building on Last Months “Suggestion’ that the Fed Cut Interest Rates. President Trump wants the Fed to cut rates the effect will boost the healthy US economy, as he calls for an interest-rate cut and the resumption of bond buying. The FOMC is meeting Tuesday and Wednesday on monetary policy, and […]
$USO, $OIL Saudi Arabia needs Crude Oil prices to be higher than what President Trump wants, as the Kingdom increases spending to bolster economic growth. International Monetary Fund (IMF) data released Monday show the world’s biggest Crude Oil exporter needs prices at about $85 bbl to balance its budget this year, up from a forecast […]
$BTC FLASH: President Trump focusing on dark regulation at SEC The Trump Administration issued a memorandum strongly discouraging regulatory dark matter/s. The memo instructs federal agencies to submit all policy-making rules to Congress to be vetted under the Congressional Review Act, even if these rules come in the form of informal guidance. The Trump Memo […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Real GDP increased at an annual rate of 3.2% (consensus 1.9%), according to the advance estimate for Q-1 GDP, a blockbuster number. President Trump is Supercharging the US Economy! President Donald Trump’s re-election hinges on supercharging the US economy, and data showing faster than expected growth provided him a […]
Reports of the demise of the US economy have proved unfounded as Q-1 activity showed strength. The US economy expanded at a 3.2% annual pace in the first three months of 2019, the government said Friday. The gain was well above forecasts. Economists polled had forecast a 2.3% increase in GDP. The economy grew at a […]
Friday, President Trump announced at the National Rifle Association’s annual meeting that the United States will drop out of an international arms treaty signed in Y 2013 by then-President Barack Hussein Obama but opposed by the NRA and other conservative groups. President Trump told NRA members that he intends to revoke the status of the […]
Dow Jones Industrial Average (.DJI) Cringes as Crooked Hillary Clinton Exposes ‘Roadmap’ to Impeach Trump The Dow stumbled on Wednesday, as the stock market bellwether failed to join its peers in record territory after Hillary Clinton exposed a “roadmap” that she believes Democrats can utilize to impeach President Trump. DOW FLINCHES AFTER S&P 500 AND […]
President Trump says he will go directly to the US Supreme Court “if the partisan Dems” ever try to impeach him. But President Trump’s strategy could run into a roadblock: the high court itself, which said in Y 1993 that the framers of the Constitution didn’t intend for the court to have the power to […]
Wednesday, President Trump declared that he and his Administration will battle House Democrats on all legal fronts after the special counsel’s Russia report, refusing to cooperate with subpoenas and appealing to the Supreme Court if Congress tries to impeach him. “I say it’s enough,” President Trump told reporters on the White House’s lawn as he […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: President Trump’s policies are working, America’s consumes are confident. The US economy expanded at a 2.8% annualized rate in Q-1 based on data that showed domestic retail sales grew at their strongest pace in 1.5 years in March, the Atlanta Federal Reserve’s GDPNow forecast model showed Thursday. This was […]
Thursday, President Trump’s personal attorney, Rudy Giuliani, said that the release of SC Robert Mueller’s report is “a clear victory” for his client. Mr. Mueller’s report was released Thursday morning, and details how the Mueller team of investigators struggled to determine whether President Trump obstructed justice in the course of the investigation. “If we had […]
Melania Trump says she’s ready to serve another 4 years as First Lady if her husband is re-elected. She says, “I love what I do.” The First Lady revealed her intentions during a question-and-answer period with students at Albritton Middle School at Fort Bragg, North Carolina. She traveled there with Karen Pence, Vice President Mike […]
President Trump will hold a campaign rally in Green Bay, Wisconsin on the night of the annual White House Correspondents’ Association dinner in Washington on 27 April President Trump’s re-election campaign announced Tuesday that the rally will be held at Green Bay’s Resch Center. President Trump posted a victory in the state in the Y […]
Monday, President Donald Trump said that his proposal to send migrants to so-called sanctuary cities is taking effect. President Trump Tweeted: “Those Illegal Immigrants who can no longer be legally held (Congress must fix the laws and loopholes) will be, subject to Homeland Security, given to Sanctuary Cities and States!” It was unclear whether the […]
$DIA Sunday, President Trump said that actions by the Fed have hobbled economic growth and stock market gains by perhaps 30%, and that it should begin pumping money into the economy as it did during the Y’s 2007-2009 recession. President Trump’s latest hammering Twitter attack Vs the Fed came as European Central Bank head Mario […]
$XAU, $GLD, $USD President Trump’s plans to nominate Stephen Moore and Herman Cain to the Fed board, and that move points back to The Gold Standard, a policy option once advocated by both men and President Trump himself. The Big Q: What is the case for returning to The Gold Standard? The Big A: Is […]
President Trump said relations with Chairman Kim remain “very good” and he opened the door Saturday for a 3rd Summit, hours after the NKorean leader said he’s willing to meet as long as the US offers acceptable terms for a deal by year end. “I agree with Kim Jong Un of North Korea that our […]
Saturday, US Treasury Secretary Steven Mnuchin said he could not commit to meeting Democrats’ new 23 April deadline for turning over President Trump’s tax returns to them, adding that he wanted to keep the Internal Revenue Service from being “weaponized” for political gain. Secretary Mnuchin, speaking to reporters on the sidelines of the International Monetary […]
$GLD, $XAU, $USD FLASH: Gold could 2X overnight, especially if President Trump uses it as a weapon in his battle Vs the Fed. The Fed controls the Buck, the Buck is the world’s trading currency, and so the Fed controls the world. A stronger USD hurts the world’s growth prospects. It also hurts President Trump’s […]
Friday, President Trump’s approval rating has climbed to 45%, a new Gallup poll revealed. It is up from the 39% approval rating he received in March. It marks the 3rd time President Trump has achieved a 45% job approval rating in the Gallup trends poll. His other 45% ratings were recorded in his 1st week […]
Dow Jones Industrial Average (.DJI) Trump now oversees the tightest labor market in five decades The U.S. labor market appears to be in solid shape at the start of the second quarter, alleviating fears that the world’s largest economy was barreling toward stagnation. Jobless claims, which track the number of Americans laid off from their […]
FLASH: President Trump said Thursday that “I know nothing about WikiLeaks” after its disheveled founder Julian Assange was hauled out of the Ecuadorian Embassy in London to face charges. Asked about Thursday’s arrest, President Trump said at the White House, “It’s not my thing. I know there is something having to do with Julian Assange. […]
Wednesday evening, P resident Donald Trump said he will have to mobilize more of the military at the US border with Mexico after listening to stories about migrants crossing the border from people attending a Republican fundraiser. “I’m going to have to call up more military,” President Trump said. The President said some of the […]
FLASH: Wednesday, USAG William Barr said that he believes “spying did occur” on Donald Trump’s Presidential campaign, suggesting the origins of the Russia investigation may have been mishandled and aligning himself with the President on the matter. AG Barr, appearing before a Senate panel, did not say what “spying” had taken place. He later said […]
President Trump’s daily approval rating has risen sharply to 53%, according to a Rasmussen Reports survey released Tuesday, and just 45% disapprove of his performance in the White House. This marks his best showing in this poll since the early months of his Presidency and is five percentage points higher than what it was just […]
US Treasury Secretary Steven Mnuchin said Tuesday that his department intends to “follow the law” and is reviewing a request by a Top House Democrat to provide President Trump’s tax returns to lawmakers. Secretary Mnuchin also revealed that Treasury Department lawyers have talked to the White House counsel’s office about the question of releasing President […]
FLASH: “Our Country is Full!” Invading immigrants are surging toward the US border because they are hearing that President Trump is serious about the issue of illegal immigration and they want to do “everything they can” to come across before it’s too late, Representative Bill Johnson (R-OH), said Monday. “They are hearing that our border […]
As Chairman of the Senate Finance Committee, Senator Chuck Grassley (R-Iowa) has the authority to request President Trump’s income tax returns, but Monday he said he will not seek them. “I don’t want to see them,” the Iowa Republican said. “I am not going to request them…I look at that not from the point of […]
President Trump’s tax returns will never be handed over to Democratic lawmakers, White House Chief of Staff Mick Mulvaney said Sunday, defying an effort in Congress to learn more about the real estate billionaire’s personal finances. Asked on TV Sunday if congressional Democrats will succeed in obtaining the Republican president’s tax returns, Mr. Mulvaney said: […]
FLASH: Top White House officials Sunday defended President Trump’s plan to name 2 political loyalists to the Fed’s board of governors, brushing aside controversies over their personal lives and qualifications to help run the world’s most powerful central bank. White House economic adviser Larry Kudlow and acting White House Chief of Staff Mick Mulvaney used […]
$USD, $GLD FLASH: Both Messrs Moore and Cain advocate fixing the USD to the price of Gold. Now the Big Q: Will President Trump bring back the Gold Standard? White House economic adviser Larry Kudlow praised President Trump’s picks of Stephen Moore and Herman Cain for the Federal Reserve Board. The veteran financial guru said […]
President Trump spoke about the progress of building more barrier along the United States-Mexico border during a visit to California Friday, saying it is now imperative that the US stop the flow of illegal aliens because “the system is full.” President Trump and Homeland Security Secretary Kirstjen Nielsen visited Calexico, California and held a public […]
President Trump and NKorea Chairman Kim Jong Un likely will meet for a 3rd Summit Secretary of State Mike Pompeo said Friday. President Trump and Chairman Kim left their last Summit, in Hanoi, Vietnam, with a “deeper understanding of each other,” Secretary Pompeo said in a TV interview Friday, “The positions that the two sides […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 advances for 6th session running, closing on the high for the year There is positive sentiment on Wall Street about a trade deal in anticipation of President Trump’s meeting with Chinese Vice Premier Liu He after the close. There was also some speculation that President Trump could […]
By George Mentz FLASH: After 17 years of financial crisis and unemployment, this nation is seeing its 1st real “peace dividend” since Ronald Reagan was our President. A few of the Bill Clinton years were great, but as it was his last 2 years in office, the economy blew up with the biggest market crash since […]
FLASH: Nobel laureate Robert Shiller credited President Donald Trump with boosting American consumers’ confidence. “Trump has brought back a big feeling of American confidence,” the Yale University professor of economics recently told Bloomberg Television. “It’s a psychological phenomenon that it’s hard to predict. It’s been strong. I think it has something to do with the politics […]
By Harvey Bezozi Most Americans this year will feel the effect of the new tax law, in one way or another, on their personal financial positions. Some will benefit thanks to lower tax rates, higher alternative minimum tax (AMT) exemptions, and increased deductions. Others will be penalized due to the new restrictions on state and […]
President Trump’s laser focus on healthcare has some Republicans concerned, but GOP legislators do praise him for being “the most accessible President” they have ever seen. “There is a lot of angst about this whole healthcare bills we are dealing with,” said a Republican legislator. “But you are not going to hear members say ‘WTF […]
Steps are being taken this week to stop Democrats’ continued obstruction of President Trump’s nominees and “restore normalcy” to government, Senate Majority Leader Mitch McConnell (R-KY) writes. “Since January 2017, for the 1st time in memory, a minority has exploited procedure to systematically obstruct a President from staffing up his administration,” Senator McConnell said in […]
FLASH: Sunday, President Donald Trump called for an investigation into how Special Counsel Robert Mueller’s “fraudulent” probe started. “Everybody is asking how the phony and fraudulent investigation of the No Collusion, No Obstruction Trump Campaign began,” President Trump Tweeted. “We need to know for future generations to understand. This Hoax should never be allowed to […]
FLASH: President Trump Tweeted Friday morning, “If Mexico doesn’t immediately stop ALL illegal immigration coming into the United States through our Southern Border, I will be CLOSING the Border, or large sections of the Border, next week.” Taking a powerful action against illegal immigration and threatening another, President Trump has moved to cut US aid […]
FLASH: President Trump said Friday he will close the US border with Mexico next week if Mexico “does not immediately stop all illegal immigration coming into the United States” from the region. He announced his intentions in a series of Tweets, as follows: The DEMOCRATS have given us the weakest immigration laws anywhere in the World. Mexico […]
50% of all Americans believe the economy is in excellent or good shape, according to CNBC’s All-America Economic Survey. The number is unchanged from the Q-4 of Y 2018, but down from 58% in Q-3. Here are highlights from the survey: 47% approve of President Donald Trump’s economic stewardship – down a percentage point from […]
FLASH: Robert Lighthizer and Steven Mnuchin visit China this week to forge a US-China trade deal The US and China resume high-level trade talks this week as they close in on a deal that could just be a big step in the long road to economic peace. President Trump’s Top trade negotiator, Robert Lighthizer, and […]
$USO, $OIL FLASH: This dust-up could get very ‘ugly’ US President Trump’s national security team is deeply divided over whether to let a small group of countries keep buying Iranian Crude Oil after a US deadline on sanctions waivers expires in May. . The division is primarily between John Bolton’s National Security Council and Michael […]
Donald Trump’s inner circle Monday piled in on the US news media, which was plunged into soul-searching over coverage of a two-year probe that failed to show collusion between the president’s 2016 campaign and Russia. With America’s political landscape reset by the bombshell findings, some continued to defend aggressive reporting of a story still unfolding […]
$USO, $OIL, $BP White House economic adviser Larry Kudlow said President Trump recently warned Big Oil officials that they had better hope he wins re-election as the Democrats wage a war against fossil fuels. Mr. Kudlow said that the exchange came as President Trump recently held a closed-door meeting with top business executives at the […]
Monday, President Trump signed a proclamation at the start of a meeting with Israeli Prime Minister Benjamin Netanyahu saying the United States recognizes Israeli sovereignty over the Golan Heights, territory that Israel seized from Syria in the 1967 Middle East war. The proclomation formalized President Trump’s statement on 21 March saying it was time for […]
FLASH: The EU is next, as The Trump Administration prepares tariffs on Germany’s auto industry, a 25% tariff already is in place on light trucks President Trump said trade negotiations with China were progressing and a final agreement “will probably happen,” adding that his call for tariffs to remain on Chinese imported goods for some […]
US economic growth averaging 2.8% reached under President Trump’s policies can be sustained over the next 10 years, Chairman of the White House Council of Economic Advisers Kevin Hassett Wednesday. “What happened is we went from 1% growth, the new normal that would be disappointing forever, to 3% growth over the last 2 years with […]
President Trump said Wednesday he does not mind if the public is allowed to see the report that Special Counsel Robert Mueller is preparing about his investigation of Russian meddling in the 2016 Presidential Election and any possible links to the Trump campaign. “Let it come out,” President Trump told reporters at the White House […]
$JPM JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon mow admits that President Trump’s strategy of imposing economic tariffs may just be paying off. “As a negotiating strategy, it might’ve worked,” Mr. Dimon said on TV. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of […]
Tuesday, the Supreme Court endorsed the US government’s authority to detain immigrants awaiting deportation anytime, potentially even years after they have completed prison terms for criminal convictions, handing President Trump a victory as he pursues hard-line immigration policies. The court ruled 5-4 along ideological lines, with its conservative justices in the majority and its liberal […]
$USD White House economic adviser Larry Kudlow rejects criticism that the US economy is only growing because of a “sugar high” from The Trump Administration’s tax reform. He predicted that President Trump’s “pro-growth policies on taxes and regulation” will continue to stoke growth far into the future. Some economists contended that the economy is losing […]
FLASH: “We will make a great or not at all.” President Trump’s chief economic adviser says China’s President Xi is “afraid” to sit down with until their countries finalize a trade deal. Larry Kudlow, director of the White House’s National Economic Council, says President Xi Jinping wants everything agreed to before meeting with President Trump […]
Shanghai: SSE Composite Index (.SSEC) Trade uncertainty remains as Trump ‘in no rush’ for deal with China Shares in China ended lower for a second consecutive session on Thursday after data underscored concerns about slowing growth in the world’s second-largest economy, amid ongoing uncertainty over a deal to end the Sino-U.S. trade dispute. At the […]
FLASH: President Trump says his administration “looks forward to negotiating a large scale Trade Deal with the United Kingdom” as the country continues to try to hash out its departure from the European Union. Thursday, President Trump said that he is “surprised at how badly” negotiations have gone between the United Kingdom and the European […]
FLASH: “I’m in no rush. I want the deal to be right. … I am not in a rush whatsoever. It’s got to be the right deal. It’s got to be a good deal for us and if it’s not, we’re not going to make that deal.” President Trump said Wednesday he is in no […]
President Trump accused “the fake news” of photo-shopping images of First Lady Melania Trump and pushing conspiracy theories it was not her by his side while touring tornado-ravaged Alabama. His comments came in a Wednesday Tweet: “The Fake News photoshopped pictures of Melania, then propelled conspiracy theories that it’s actually not her by my side in […]
$BA FLASH: Boeing’s (NYSE:BA) 737 Max fleet to be grounded effective immediately until further notice. The FAA is expected to announce further details soon. President Donald has issued an emergency order grounding all Boeing 737 Max 8 and Max 9 aircraft in the wake of a crash of an Ethiopian Airliner that killed 157 people. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Fed stifling The Trump Economy The anti-Trump media is pointing to the economic slowdown, but economist Stephen Moore puts the blame on the Fed’s economist policy during our blockbuster Trump economy. “I’m a little worried about the economy slowing down a little bit, but we still have a blockbuster […]
The White House’s Top economic adviser Larry Kudlow said Friday that President Trump and Chinese President Xi could meet on trade later this month or early next month. “Nothing in cement, but there’s a lot of talk about a meeting, yet.” President Trump Friday said he is confident the United States can forge a trade […]