$VLAKY, $MZDAY, $BMWYY, $POAHY, $VLVLY, $DDAIF By Sunday, President Trump’s Commerce Department is expected to issue an opinion on whether auto imports endanger US national security enough to justify such import taxes. President Trump would then have 90 days to decide whether to impose them. The Commerce Department could decide to postpone its conclusion. Or […]
$DIA, $SPY, $QQQ, $RUTX, $BAC, $VXX US are stocks rallying this year on signs of progress in US-S trade talks as managed and sidelined money continues to bet that there is not much upside left when President Trump’s deal is reached. That is wrong Heffx-LTN’s corporate earnings and equity valuations model as of Saturday indicates […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The Pain Trade continues, on broad-based advance that had all 11 S&P 500 sectors finished higher on the day. Almost 80% of S&P 500 companies having reported Q-4 earnings so far. Analysts now see a profit increase of 16.2% for the Quarter, according to Refinitiv data. President Trump’s policies […]
FLASH: The Fed has the stock market’s back White House economic adviser Larry Kudlow applauded President Trump’s public pressure on the Fed on the pace of the central bank’s interest-rate hikes. “I’m very glad the Federal Reserve is putting their rates on hold,” he said on TV Thursday, “I think the president’s warning on that […]
Thursday, the US Senate approved a border security compromise for building a wall with Mexico, and prevents another government shutdown. The White House said President Trump would sign it then declare a national emergency and invoke other executive powers to to shift money to Wall-building from elsewhere in the federal budget. House passage and President […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Fed Chairman Jay Powell describes US economy as “good”, saying he does not see an elevated probability of a recession, stocks finish on their highs lead by the Financials Investors are prepare for the return of the divergence trade, with the US set to lead the rest of the […]
Tuesday, President Trump expressed displeasure with a tentative deal by congressional negotiators on border security spending that offered no funds for his promised US-Mexican border wall, but did not reject it outright, indicating he did not expect another government shutdown. President Trump demand for $5.7-B from Congress to help build the Wall, said he has […]
JOLTS Report: US employers posted the most open jobs in December in 19 years that records have been kept, evidence that the job market is strong despite several challenges facing the economy. The US Labor Department says job openings jumped 2.4% in December to 7.3-M. That is the most since records began in December 2000. It is […]
FLASH: No basis, no exposure, a terrible waste of time and money John Dowd the formal head of Prentice Trump’s legal team says the investigation by special counsel Robert Mueller will clear the President. Mr. Dowd made his comments in an interview for an episode of “The Investigation,” a new podcast centered on Mueller’s probe. “I know […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Progress of President Trump’s Policies Bringing On Continued Stock Buying Interest US futures point to a higher start this morning with sentiment boosted by US lawmakers reaching an agreement in principle to possibly avert another government shutdown later this week. The S&P 500 futures trade 18 pts, or 0.7%, […]
FLASH: The 2nd Government Shutdown is on the Table President Trump already has won the standoff over immigration, even if he does not get funding for his border Wall, because he has transformed how the American public views migrants, University of Wisconsin-Milwaukee history Professor Rachel Ida Buff wrote in an Op-Ed Monday. As The Trump […]
President Trump’s approval rating has reached 52%, the highest it has been in almost 2 years, according to Rasmussen Reports. Rasmussen’s daily Presidential Tracking Poll shows: 52% approve of Trump’s job performance. 47% disapprove. 39% strongly approve. 39% strongly disapprove. Rasmussen notes this is the highest President Trump’s approval rating has been since 6 March 2017, […]
The United States and North Korea plan to hold a new round of talks in a third Asian nation next week to prepare for the second summit of their leaders, South Korea’s presidential office said Sunday. President Moon Jae-in and U.S. President Donald Trump also plan to hold discussions soon about Trump’s upcoming meeting with […]
Family Research Council President Tony Perkins released the following statement in response to President Donald Trump’s State of the Union Address: “President Trump reached past the political divide in Congress to unify Americans around an inspiring vision of what America can be. He took the policy issues that often polarize Washington and appealed to Americans […]
President Trump had his annual medical exam Friday. President Trump spent more than four hours at Walter Reed National Military Medical Center for a checkup supervised by Dr. Sean P. Conley, his physician, and involving a panel of 11 specialists. “I am happy to announce the President of the United States is in very good […]
Congressional negotiators are working this weekend of talks on a security plan that includes barrier on the Us-Mexican border, hoping to complete a deal to avert another government shutdown that is acceptable to President Trump. Saturday afternoon, President Trump Tweeted that if Democrats did not give him all The Wall money he is demanded, he […]
FLASH: Socialist Ideas are Crazy! The White House economic adviser Larry Kudlow praised President Trump’s comments on socialism during his State of the Union address, saying America should remain a “nation of entrepreneurs who thrive from freedom and growth.” Mr. Kudlow blasted “these crazy anti-growth, anti-incentive, anti-business, anti-reward policies coming out of the opposition party.” […]
The choice of Vietnam as the venue for a 2nd US-NKorea Summit this month shows the possibility of moving beyond conflict and division toward a thriving partnership, the US State Department said Thursday. State Department spokesman Robert Palladino told a news briefing that US Special Representative for NKorea Stephen Biegun was in Pyongyang to prepare […]
$DIA. $SPY, $QQQ, $RUTX, $VXX Wall Street stocks declined Thursday on concerns that the United States and China would not be able to reach a trade deal, thus increasing concerns about slowing global economic growth. President Trump said he did not plan to meet with Chinese President Xi before the 1 March deadline set by […]
FLASH: Speaker Pelosi (D:CA) Seeks Deal as Wall Deadline Nears Pesident Trump and House Speaker Nancy Pelosi struck starkly different tones in their border security standoff Wednesday, as President Trump planned a rally in a Texas border city he says exemplifies the need for a Wall and Mrs. Pelosi said she’d back any bi-partisan deal […]
NASDAQ Composite (.IXIC) investors await Trump’s State of the Union speech Stocks closed higher Tuesday, with the S&P 500 extending its winning streak to a fifth session, as investors continued to sort through corporate earnings while awaiting President Donald Trump’s State of the Union address in the evening. How did major benchmarks fare? The Dow […]
President Trump vowed during his State of the Union address Tuesday night that “America will never be a socialist country,” in an apparent rebuke to self-described Democratic socialist Representative Alexandria Ocasio-Cortez (D-NY) and Senator Bernie Sanders (I-VT) that drew loud cheers and a standing ovation from Republicans in the House chamber, as well as supportive applause from House Speaker […]
Tuesday, former Arkansas Governor Mike Huckabee said on TV that the White House may seem chaotic to some, but it is running like “a 5-Star restaurant.” Governor Huckabee responded to a comment from Senate Minority Leader Chuck Schumer (D-NY), who said that “chaos and incompetence” keeps The Trump Administration from fulfilling its responsibilities. “This is […]
US President Donald Trump’s approval rating hit 48% in his job performance in the latest poll from Rasmussen Reports. Rasmussen’s daily Presidential Tracking Poll of likely US voters shows President Trump’s approval rising: 48% approve of President Trump’s performance; 51% disapprove. 36% strongly approve of President Trump; 42% strongly disapprove. 45% approved of President Trump on […]
$DIA, $SPY, $QQQ, $RUTX, $VXX President Trump will enjoy the backdrop of a solid economy as he delivers his 2nd State of the Union address Tuesday evening. The President will point to the latest signs of US economic strength: Friday’s jobs report showed that employers added the most jobs in January in nearly a year. […]
A young boy who the White House says has been bullied because his last name is Trump will attend the State of the Union as President Donald Trump and 1st Lady Melania Trump’s guest. “Unfortunately, Joshua has been bullied in school due to his last name,” a White House release said of 6th-grader Joshua Trump, of Wilmington, […]
Monday, President Trump summoned Fed Chairman Jerome Powell to the White House for dinner to discuss recent economic developments and the overall outlook. The Fed is being tight lipped about the ongoing monetary policy discussions with President Trump. Chairman Powell’s comments were “consistent with his remarks at his press conference of last week,” the Fed […]
Over tax the rich, and the rich leave. New York collected $2.3-B less income-tax revenue than predicted for December and January, a development that Governor Andrew Cuomo blamed on wealthy residents leaving for 2nd homes in Florida and other states that received more favorable treatment in the tax law enacted by President Donald Trump and […]
Stephen Biegun, the US special representative for NKorea, arrived in SKorea Sunday for working-level talks on a proposed 2nd Summit between President Donald Trump and Chairman Kim Jong Un. Mr. Biegun plans to meet his NKorean counterpart Kim Hyok Chol to discuss the agenda and other issues ahead of the Summit slated for later this […]
President Trump is set to deliver his State of the Union speech. His topic is “choosing greatness.” White House officials say President Trump is not expected to dwell on the 15 February deadline for a budget deal for The Wall. Instead, President Trump is expected to strike a unifying tone and focus on areas of […]
US job creation saw another blockbuster month in January, blowing past the government shutdown, but that disruption helped to push the unemployment rate higher, the Labor Department reported Friday. The construction, health care, hospitality and retail sectors added tens of thousands workers, another sign the robust labor market remain a fundamental source of strength even […]
Thursday, President Donald Trump blamed Senate Minority Leader Chuck Schumer, (D-NY), and his fellow Democrats for “being weak and passive with Iran.” “Schumer and the Democrats are big fans of being weak and passive with Iran,” President Trump tweeted Thursday morning. “They have no clue as to the danger they would be inflicting on our Country. Iran […]
President Trump signed an executive order Thursday pushing those who receive federal funds to “Buy American.” The aim is to boost US manufacturing across the board. Peter Navarro, director of the White House National Trade Council, told reporters during a telephone briefing the policies are helping workers who “are blue collar, Trump people.” Later he […]
The President reopened the White House discord with the intelligence community in a series of heated Tweets Wednesday President Trump came out against the US intelligence chiefs Wednesday after they told Congress that NKorea is unlikely to dismantle its nuclear arsenal and that the Iran nuclear deal is working. “Perhaps Intelligence should go back to […]
Dow Jones Industrial Average (.DJI) starting this week under some pressure as Trump throws cold water on the chances of a shutdown deal “The Nvdia profit warning is [hurting market sentiment] more than the Caterpillar earnings miss,” Larry Benedict, chief executive of the Opportunistic Trader told MarketWatch. “Slowing demand in China hit them hard,” he […]
Thursday, US President Donald Trump will meet Chinese Vice Premier Liu He during his visit to Washington for trade talks, the White House said on Monday. Beijing and Washington are engaging in high-level talks this week as part of negotiations intended to walk back trade tensions between the globe’s 2 largest economies. Related story The […]
The Trump Administration is closely monitoring efforts in Europe to set up an alternative money payment channel to ease doing business with Iran and avoid running afoul of sanctions the US has levied on the Islamic republic. The White House has put the Europeans on notice, saying that if they try to do an end-run […]
Sunday, Acting White House chief of staff Mick Mulvaney said that President Trump will shut down the government again if he does not get border Wall funding. In a TV interview Mr. Mulvaney said the President is “willing to do whatever it takes to secure the border.” “I think he actually is,’’ ready to shut down […]
Friday, the Republican National Committee (RNC) voted unanimously to provide President Donald Trump its “undivided support” ahead of the Y 2020 election. The RNC voted to approve a resolution giving its “undivided support for President Donald J. Trump and his effective Presidency” at its regular Winter meeting in New Mexico this week. The resolution was […]
President Trump said Wednesday night he is postponing his State of the Union address until the partial government shutdown ends. President Trump has concluded that there is “no venue that can compete with the history, tradition and importance of the House Chamber” and that he was not looking for an option after Speaker Pelosi (D:CA) […]
$DIA, $USD President Trump has hammered the Fed’s policy for being too tied to the notion economic growth causes inflation. Savvy people in America are “very worried” the Fed is working against the pro-growth policies that President Trump put into effect beginning on his 1st day in office just 2 years ago. The Fed is […]
Equity investment markets hold lots of different risks for participants. And none is greater than the risk of erratic government policy, the growth of government bureaucracies and their oppressive regulations have resulted in the continuing loss of economic freedom for all Americans. Today, free-market capitalism is under attack by the political-social-intellectual-elite who really believe […]
Just 2 years ago Donald J. Trump humbly became our President and brought the country back to The American People. January 20th, 2017 will be remembered as the day The People became the rulers of the USA again. The forgotten men and women of our country will be forgotten no longer… America started winning again, […]
Friday, White House senior economic adviser Larry Kudlow said that the United States and China were making progress on trade negotiations but reaching a deal would take time. “We have made some progress with China in the deputy’s meeting in Beijing,” he said in a TV interview. “We are making progress in negotiating on the grandest […]
Friday, President Trump made a “major announcement” Saturday on the government shutdown and his demand that Congress fund the Mexican border Wall. President Trump offered the Democrats a deal that would extend protections for so-called Dreamers by three years in exchange for $5.7-B in funds he is seeking for a border barrier in a well […]
Latino Voters Sticking With President Trump President Donald Trump’s approval rating among Latinos shot up nearly 20 points from December to January in a new poll. Key results in the latest NPR/PBS NewsHour/Marist Poll: 50% of Latinos support the job President Trump is doing, a significant jump from the 31% who had the same answer in […]
High-level diplomatic talks to finalize a 2nd summit between President Trump and NKorean leader Kim Jong Un are happening this week in Washington. Secretary of State Mike Pompeo is expected to meet former NKorean chief diplomat Kim Yong Chol at a Washington hotel Friday. The meeting will likely be followed by Chairman Kim’s visit to […]
President Donald Trump hammered the “radical” Democrats’ opposition to his planned wall and claimed “they are a party of open borders and crime.” His comments came in a pair of Tweets Wednesday. He wrote: “It is becoming more and more obvious that the Radical Democrats are a Party of open borders and crime. They want nothing […]
Dow Jones Industrial Average (.DJI) President Trump Predicts New Trade Deal with China U.S. stocks pared losses Monday morning after President Donald Trump predicted the United States would soon reach a comprehensive trade deal with China. The Dow Jones Industrial Average fell by as much as 230 points Monday morning, an extension of a volatile […]
The US military is taking on a new and extended role on the US-Mexico border, the Pentagon said Monday. At the request of the Department of Homeland Security, the Pentagon agreed to provide personnel to operate security cameras and to lay about 150 miles of concertina wire between official ports of entry, officials said. The […]
$SOY Monday, President Trump defended his tough trade policies in front of thousands of American farmers, a Key constituency that has struggled because of his trade dispute with China, plus he promised fair trade deals that will put America’s rural heartland back on strong solid ground. “We have taken the toughest ever actions to address […]
President Trump softened expectations that he is close to declaring a national emergency to get the money he want to build the US-Mexico border wall as a 3-week impasse closing parts of the government continued Friday. There are about 800-K federal employees who missed their 1st paychecks under the stoppage. Lawmakers tried to reassure federal […]
A former federal emergency boss said that President Donald Trump is “on solid legal ground” if he declares a national emergency to secure funding for his much-desired border Wall. “But he is going to have some troubles along the way, and one of them will be whether libertarian conservatives are going to accept a stronger […]
The White House has directed the Army Corps of Engineers to look at using emergency funds that Congress approved for disaster relief to build a border Wall with Mexico. $13.9-B has been allocated, but not yet obligated through contracts for a variety of projects in California, Florida, Texas, other states and Puerto Rico, which have […]
President Donald Trump was “at his best” during a prime-time speech to the nation that made the case for his demands for $5.7-B to build a Wall and secure the border, Jerry Fallwell Jr. said Wednesday in a TV inerview. In an interview, the President of the conservative Liberty University said President Trump’s “Presidential” style […]
President Trump’s conservative allies are urging him to declare a national emergency to build his proposed border Wall, though he is not expected to do so in his address to the nation Tuesday evening. The US-Mexico border Wall, a Key campaign promise is a hot button issue nation wide. Observers say, it is unlikely that […]
President Trump is expressing optimism about trade negotiations with China as US officials are expected in Beijing for talks aimed at easing a trade dispute. President Trump spoke recently to Chinese President Xi Jinping Sunday, saying: “I really believe they want to make a deal. The tariffs have absolutely hurt China very badly.” After several […]
President Trump said he isn’t concerned that Apple (NASDAQ:AAPL) has warned sales will fall short of expectations because of the trade dispute with China, an announcement that provoked a sell-off in the US stock market. “No, I’m not,” President Trump said after he was asked at a White House news conference about Apple’s revenue warning […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 gained 3.4% Friday, as Fed Chairman Powell signaled patience and flexibility on rates in light of stronger-than-expected jobs data. The DJIA (+3.3%), the NAS Comp (+4.3%), and the Russell 2000 (+3.8%) also marked strong gains to finish the week + 1.6%, 2.3%, and 3.2%, respectively. All 11 […]
As President Trump lobbies for money for his promised border wall, he talks up other barricades. He points to walls in Israel, at the Vatican, even at former President Barack Hussein Obama’s house. On Wednesday, PresidentTrump declared at a Cabinet, “Walls work.” He added: “There is a reason why politicians and wealthy people build walls […]
President Trump says the southern border is “like a sieve” need the Wall. Early Tuesday US authorities fired tear gas into Mexico to repel about 150 invading migrants trying to breach the border at Tijuana. President Trump spoke during a White House meeting with his Cabinet as the partial government shutdown runs into its 12th […]
President Donald Trump, in an all-caps tweet Tuesday, wished everyone a Happy New Year, including the “haters and the fake news media.” “HAPPY NEW YEAR TO EVERYONE, INCLUDING THE HATERS AND THE FAKE NEWS MEDIA!” he said. “2019 WILL BE A FANTASTIC YEAR FOR THOSE NOT SUFFERING FROM TRUMP DERANGEMENT SYNDROME. JUST CALM DOWN AND ENJOY […]
President Trump has called congressional leaders of both parties to a Wednesday afternoon briefing on The Wall at the White House News of the meeting came as President Trump used Twitter to urge House Minority Leader Nancy Pelosi to consider a “deal” on border security to end the government shutdown. The session will include a […]
NKorea’s leader Kim Jong Un said Tuesday he want to extend his Summitry with President Trump into Y 2019. During his televised New Year’s speech, Chairman Kim said he is ready to meet with President Trump at any time to produce an outcome “welcomed by the international community.” He told his countrymen that the North […]
We are bringing in the New Year with a continuing stalemate on the government shutdown over the $5.7-M border Wall funding, and our very vocal President striking back at The Wall critics and Democratic resistance to national security, saying “we are going to win at everything we do” as he wished Americans a Happy New […]
Just 2 years in office, US President Donald Trump has rewritten the rules of the Presidency and the normal operations inside the nation’s capital. He has cast away codes of conduct and traditions that have been in place there for several generations. In Donald Trump’s Washington everything is political. He has shredded legacies, decorum and […]
President Trump is intent on following through with his campaign promise to build a Wall along the US-Mexico border, even if that means extending the partial government shutdown until Dems agree to $5-B in funding, Representative Mark Meadows (R-NC) “I can tell you that if they believe that this president is going to yield on […]
Working on Christmas Eve and through the government shutdown over border Wall funding, President Donald Trump Tweeted he has authorized the construction of a 115-mile stretch of border Wall in Texas. “I am in the Oval Office & just gave out a 115 mile long contract for another large section of the Wall in Texas,” President Trump […]
President Donald Trump’s approval rating went up 2 percentage points from last week to 40%, according to the latest Gallup poll released Monday. 55% of respondents disapprove of the President’s performance. President Trump’s 38% approval last week was tied for his lowest rating in the poll since last February. His worst point ever in Gallup polling is […]
$SPY, $WFC, $CS Wells Fargo (NYSE:WFC) cut estimates for stocks next year on concern the Fed is making policy mistakes that will dampen US economic growth. Chris Harvey, head of equity strategy at the bank, cut his year-end target for the S&P 500 Index to 2,665 from 3,079. While the new forecast represents a 10% […]
Senator Rand Paul (R-KY) Sunday praised President Trump for doing “exactly what he promised” by withdrawing US troops from Syria, and derided the “armchair generals” in Washington who “want to keep us at war forever.” In an TV interview Senator Paul said he’s “very proud” of President Trump’s determination to get US troops out of […]
The publicity former US Defense Secretary James Mattis got over his resignation letter, has caused President Trump to appoint a new Defense Secretary Sunday morning, ensuring that General Mattis is out of the administration fast. Read Mad Dog Mattis was sacked! “I am pleased to announce that our very talented Deputy Secretary of Defense, Patrick […]
Australia: S&P/ASX 200 (.AXJO) another Trump soap opera Now it is a spiraling drama over the autonomy of the US Federal Reserve that frazzled investors must cope with as stocks lurch toward a bear market. Word that President Donald Trump has discussed firing Federal Reserve chairman Jerome Powellhas gone down poorly on Wall Street, a place […]
President Trump Vows to Win The Border Wall Battle Former House Majority Leader Tom DeLay says that President Trump needs to remain strong on building The Wall on the US southern border. “If you go into these sort of fights, you better be ready to fight it until the end – especially if you’re president […]
The Senate advanced the House-passed spending bill that contains $5.7-B in Wall funding Friday. The Senate passed a motion to proceed on the House-passed continuing resolution (CR), 48-47, that includes $5.7-B in border Wall funding, which will put the spending bill to a full floor vote. Vice President Mike Pence broke the tie on the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, just 2 days before the FOMC is expected to raise fed funds rates for a 4th time this year, President Trump and his Top trade adviser ratcheted up their criticism of the Fed’s monetary tightening. “It is incredible that with a very strong dollar and virtually no inflation, the […]
US President Donald Trump thanked Apple chief Tim Cook on Friday after the tech giant unveiled plans for a $1 billion campus in Texas that is expected to create thousands of jobs outside its Silicon Valley base. “Thank you to @tim_cook for agreeing to expand operations in the U.S. and thereby creating thousands of jobs!” […]
President Donald Trump on Friday predicted a major US-China trade deal in the near future, saying that Beijing’s negotiating position had been weakened by the impact of the tariffs war between the world’s top two economies. “China wants to make a big and very comprehensive deal. It could happen, and rather soon!” Trump tweeted. His […]
President Donald Trump, saying China admits the trade war with the U.S. has taken a toll on its economy, announced the Chinese now want to make a major deal with the White House. President Trump’s comments came in a Friday Tweet. He wrote: “China just announced that their economy is growing much slower than anticipated because […]
$DIA, $SPY, $QQQ, $RUTX, $SOY, $VXX China resumed buying US Soybean, bringing some relief to farmers in the US heartland as President Xi works toward a trade deal with his American counterpart. The giant Asian commodity importer bought 2-M tonnes of American Soybean (SOY) over the past 24 hrs, with shipments expected to occur sometime […]
President Donald Trump said Thursday that Mexico is paying for a border wall through trade. A Key campaign promises is to build the border Wall that will slow the flow of illegal immigration, President Trump pledges that Mexico, not taxpayers – would fund it. In a Tweet early Thursday, President Trump wrote that he had […]
Melania Trump is keeping up the First Ladies’ tradition of a Christmas season visit to a Washington children’s hospital. Our First Lady toured part of the neonatal intensive care unit at Children’s National Health System on Thursday and met with families and children treated there. Melania Trump is keeping up the first ladies’ tradition of […]
Australian Dollar: USD/AUD (AUD=X) higher on Wednesday in response to Trump’s comments on Huawei Huawei CFO has been granted bail by Justice William Ehrcke on Tuesday. Meng Wanzhou will be subject to monitoring, a curfew and other strict conditions to adhere to bail conditions. President Donald Trump said he would intervene in the Huawei case […]
US President Donald Trump was the clear winner in his live TV dustup in front of the press in the Oval Office with Democratic congressional leaders Nancy Pelosi and Chuck Schumer. President Trump “pulled the curtains back and let everybody see how the game is played for real,” Jeffery Lord said Wednesday. “And this is 1 of […]
It is difficult to Impeach someone who has done nothing wrong President Donald Trump said Tuesday he was is not concerned that he would get impeached and that payments made ahead of the Y 2016 election by his former personal attorney Michael Cohen to 2 women did not violate campaign finance laws. “It’s hard to […]
$DIA, $SPY, $QQQ After a Twitter monologue about the border Wall Tuesday morning, President Donald Trump offered hints of good news about US negotiations with China. “Very productive conversations going on with China! Watch for some important announcements! The trade truce between Presidents Trump and Xi will halt pause 1 January planned tariffs, with large […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The DJIA and S&P 500 finished another headline driven session flat to unchanged Tuesday as investor optimism over US-China trade talks was offset by US President Donald Trump’s threat to shut down the US government and by political uncertainty in Britain, France and Italy. A US official told Reuters late […]
Tuesday, in public, President Donald Trump threatened to shut down the government if Congress does not provide the money he says is needed to build ‘The Wall” at the Mexican border. President Trump’s comments came as he opened a Oval Office meeting with Democratic leaders Chuck Schumer and Nancy Pelosi, with partial shutdown looming on […]
President Donald Trump wants to a trade deal that will be good for the United States, China, and global growth, White House Council of Economic Advisers Kevin Hassett said Monday. The stock market responded, bouncing off its lows. “If a country came to the US right now and offered Zero tariffs, Zero non-tariff barriers, full […]
The Trump Tax Cuts Still Driving Economic Growth Friday, White House economic adviser Larry Kudlow said that The Trump Administration tax cuts of Y 2017 are still working to boost the economy and fuel economic growth. “I think the tax cuts are working. I think nominal GDP is much higher than people expected,” Mr. Kudlow […]
Mexico’s New President Says Relations with Donald Trump are Good Wednesday, Mexico’s new President said that relations with US President Donald Trump are “good,” and that they will probably talk soon about the immigration issue. Many analysts had been expecting President Andres Manuel Lopez Obrador aka AMOL to run into headlong conflict with President Trump, […]
China Confident it Can Make President Trump’s Trade Deal $USO, $SOY, $UNG Wednesday, China expressed confidence that it can reach a trade deal with the United States. The remarks by the Chinese Commerce Ministry from Beijing followed Presidents Trump and Xi declaring a truce in the trade dispute at a meeting in Argentina Saturday evening. […]
President Trump Warns Xi, Get the Trade Deal Done or Suffer the Pain $SPY, $SOY, $UNG Tuesday, President Donald Trump held out the possibility of an extension of the 90-day trade truce with China warning he would revert to tariffs if the 2 sides do not resolve their differences. President Trump said his team of […]
China announced Tuesday stiffer punishments for serious infringers of intellectual property — including barring them from buying real estate or going on expensive holidays — as Washington clamours for action on the issue following a trade war truce. The National Development and Reform Commission, China’s state planner, along with 37 government departments, released a joint […]
President Trump Expects China to Act Immediately on Trade Issues, the Details The Trump Administration expects immediate action by China on trade issues after a deal reached by the countries’ leaders, including lower tariffs on automobiles and measures against intellectual property theft and forced technology transfers, a White House official said Monday. US President Donald […]
President Trump’s Approval Jumps to 46% US President Donald Trump’s approval rating rose to 46% from 44T in October, according to a Harvard CAPS/Harris Poll survey released exclusively to the press Monday. “Trump’s numbers show an uptick as voters continue to give him credit on the economy and battling terrorism successfully,” Harvard CAPS/Harris Poll co-director Mark Penn […]
“The Democrats do not have anyone who can beat Donald Trump” Democrats currently do not have anyone who can defeat President Donald Trump in Y 2020, legendary singer and songwriter Bruce Springsteen told reporters Sunday. “I don’t see anyone out there at the moment… the man who can beat Trump, or the woman who can […]
New Orders, Production, and Employment Growing Supplier Deliveries Slowing at Slower Rate; Backlog Growing Raw Materials Inventories Growing; Customers’ Inventories Too Low Prices Increasing at Slower Rate; Exports and Imports Growing Economic activity in the manufacturing sector expanded in November, and the overall economy grew for the 115th consecutive month, say the nation’s supply executives […]
Global equity markets soared Monday after China and the United States clinched a trade war truce, while oil prices surged on expectations of a big production cut. In midday deals, Frankfurt stocks were rebounding strongly, up 2.3 percent. London charged 2.0 percent higher and Paris gained 1.2 percent. European traders took their cue from Asia, […]
Dow Jones Industrial Average (.DJI) President Donald Trump and Chinese President Xi Jinping agreement to halt new tariffs and avoid escalating the China trade war Dow Jones futures soared Sunday night, along with S&P 500 futures and Nasdaq futures following a tariff truce at the Trump-Xi meeting. President Donald Trump and Chinese President Xi Jinping […]