Larry Kudlow says, Fed ChairmanPowell’s job is safe for now. Mr. Kudlow is the Top economic adviser to President Donald Trump. “There is no effort to remove him,” he said in a TV interview Tuesday. Mr. Kudlow said he supports the central bank’s independence and that there are no plans presently to change Powell’s job. […]
President Trump wants the Fed to lower interest rates at a time when he may be sizing up his 2 latest picks for Fed governor as successors to Chairman Powell. If the Fed “knew what it was doing” it would cut rates, President Trump told reporters before he boarded Air Force One back to DC […]
FLASH: President Trump met Chairman Kim on DMZ between the 2 Koreas making history live on television. President Trump and Chairman Kim have stepped over the border at the DMZ that divides the Korean Peninsula after shaking hands on Sunday. “The great relationship between President Trump and I, I do not think if we did not have […]
FLASH: President Trump and Chairman Kim Will Meet at DMZ Later on Sunday, SKorea’s President Moon just said at the Press Conference with President Trump President Donald Trump will meet with NKorean leader Kim Jong Un Sunday in the Demilitarized Zone separating the Korean Peninsula, SKorean President Moon Jae-in said. President Moon made the remarks […]
Saturday, President Trump said he would like to meet with NKorean leader Kim Jong Un at the DMZ (demilitarized zone) on the border of North and South Korea. “After some very important meetings, including my meeting with President Xi of China, I will be leaving Japan for South Korea with President Moon. While there, if […]
Monday, President Trump said he sent NKorean leader Kim Jong Un a “very friendly letter” in response to Birthday greetings he received last week from Chairman Kim. The exchange of letters comes as the 2 countries negotiate the future of NKorea’s nuclear program and before President Trump leaves Wednesday for an Asia trip that will […]
Tuesday, Wite House economic adviser Larry Kudlow said President Trump is not considering any changes to Fed Chairman Jerome Powell’s status following a report that the White House had explored the possibility of demoting him. Mr. Kudlow spoke to reporters at the White House ahead of the FOMC’s meeting this week that comes on the […]
NKorea’s weapons testing since the last Summit between President Trump and Chairman Kim Jong Un “isn’t bothering” our President, White House press secretary Sarah Sanders said Sunday. In a TV interview Ms. Sanders, who is accompanying the President in his visit to Japan this weekend, said President Trump’s “focus in all of this process is […]
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 […]
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 […]
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 […]
President Trump Friday did not yet reverse NKorea-related sanctions on 2 Chinese shipping companies, a Trump Administration source familiar with the matter said. The source was responding to queries about a tweet sent by Trump earlier in the day that said he had ordered the withdrawal of sanctions announced by the Treasury Department, a statement […]
FLASH: Reports from commercial satellite images reveal that NKorea is rebuilding nuclear weapons testing site. President Trump’s NSA John Bolton knows the score, knows the mistakes of prior administrations with NKorea, is working to make real progress, and finally, the leverage is on our side right now. “The President has been very clear he is […]
FLASH: Members of the media should read President Trump’s “Art of the Deal” to understand President Trump’s decision to end negotiations with NKorean Chairman Kim Jong Un The Big Q: What does he say in that book? The Big A: If you want to be a great businessperson, up to the last sec in any deal, you […]
FLASH: Kim Jong Un Faces New Pressure at Home After Trump Summit Shock He faces a long train ride home through China to think about what went wrong. President Trump says Vietnam, the site of his 2nd round of nuclear talks with Chairman Kim, is thriving economically and that NKorea could, too, if it would […]
FLASH: President Trump said he is fully committed to his personal diplomacy with Chairman Kim. US President Trump and NKorean leader Kim Jong Un meet Wednesday for their 2nd Summit, betting that their personal relationship can break a stalemate over the North’s nuclear weapons and end more than 70 years of hostility. Despite little know […]
The Federal Reserve Chairman Jerome Powell said again Wednesday the US economy remains in a “good place” and has proved resilient so far to shocks like the British decision to leave the European Union. “The US economy is now in a good place,” with low unemployment and inflation near the Fed’s 2% target, Chairman Powell […]
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 […]
A once senior NKorean official was reportedly banished to a labor camp after Chairman Kim Jong Un accused him of “breaching doctrine” in a proposal for US-NKorean talks. Han Song Ryol, once the North Korean vice foreign minister, was sent to a “re-education camp” after he was removed from his position last year, a SKorean […]
Fed Chairman Powell, “Rate Hikes Are Not Automatic in Healthy Economy” Fed Chairman Jerome Powell cast a bright picture of the US economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening. Chairman Powell’s comments ignited a […]
President Trump, NKorea’s Chairman Kim to Meet in 2019 President Donald Trump plans to meet NKorean leader Kim Jong Un in the New Year. The United States and NKorea have been discussing a 2nd meeting between their leaders to follow up the Singapore Summit in June and lay the groundwork for ending a nuclear stand-off. […]
Tesla’s (NASDAQ:TSLA) CEO Elon Musk Taking ‘Refuge’ in Tequila $RACE Tesla’s (NASDAQ:TSLA) Musk Controlled Board Needs More Manufacturing Expertise Elon Musk, 47 anni, is smart, maybe brilliant and larger than life for many of his cultish followers. And like outstanding entrepreneurs before him, there comes a time when breaking all the rules has adverse effects. For him […]
Elon Musk Cannot Return as Tesla’s (NASDAQ:TSLA) Chairman W/O Shareholder Vote $TSLA The vote shows the SEC is protecting investors. If Tesla (NASDAQ:TSLA) CEO Elon Musk, 47 anni, ever wants to return as Chairman, shareholders will have to vote on it. The requirement is detailed in a court brief filed jointly Thursday by Tesla and the Securities […]
Tesla’s (NASDAQ:TSLA) Elon Musk Denies Being Replaced By James Murdoch Chairman $TSLA Elon Musk is scared to death of James Murdoch, Tesla’s (NASDAQ:TSLA) deposed Chairman Elon Musk denied a report that James Murdoch is the “favorite” candidate to replace him as Chairman of Tesla. CEO Musk Tweeted a reply to a FT article that just […]
James Murdoch to Replace Elon Musk as Tesla (NASDAQ:TSLA) Chairman? $TSLA, $FOX, $DIS Twenty-First Century Fox Inc. CEO James Murdoch is the lead candidate to replace Elon Musk as Tesla Inc. Chairman, The FT reported Wednesday Tesla (NASDAQ:TSLA) and Mr. Musk reached a settlement with the Securities and Exchange (SEC) regulators last month in which […]
“Fed Raising Rates Too Fast” $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, President Donald Trump criticized the Fed saying it is going too fast in raising rates when inflation is minimal and government data points to a strong economy. “Well, I like to see low interest rates. The Fed is doing what it thinks is necessary […]
Tesla (NASDAQ:TSLA) Must Hire a New Chairman in a Month $TSLA Tesla’s new Chairman will need to demonstrate the ability to manage founder/CEO Elon Musk The Big Q: What are the traits that will make a great Chairman of Tesla? Whoever replaces Elon Musk will need to have a combination of leadership skills and work experience. Mr. […]
Elon Musk’s Ultimatum to Tesla (NASDAQ:TSLA): “Fight SEC, Else I Quit” $TSLA Tesla is not an investment, it is a speculation played by professionals, retail participants should proceed with Caution. After the Securities and Exchange Commission accused Elon Musk of securities fraud, Tesla’s board defied regulators, issuing a provocative statement saying that it was “fully […]
NKorea’s 70th Anni Parade “a big and very positive statement” Sunday, US President Donald Trump saluted NKorean leader Kim Jong Un Sunday for holding a massive military parade “without the customary display of nuclear missiles” to celebrate his country’s 70th Anniversary. “This is a big and very positive statement from NKorea. Thank you To Chairman […]
President Trump, “I am not thrilled with rate hikes” President Donald Trump criticized the Fed’s interest-rate increases, breaking with White House tradition of avoiding comments on monetary policy out of respect for the independence of the central bank. “I’m not thrilled,” President Trump said in expressing frustration with the Fed in an interview to be broadcast […]
President Trump ‘Suspended Indefinitely’ Major US Military Exercises with SKorea As of Thursday, the US military has indefinitely postponed major joint exercises with SKorea acting on US President Donald Trump’s pledge to halt the “provocative” military drills following his summit with NKorea’s Chairman Kim Jong Un. The move, a significant break in how the US and […]
US Expects ‘Major’ NKorea Disarmament by 2020 The United States hopes to achieve “major disarmament” by NKorea within the next 2½ years, US Secretary of State Mike Pompeo said Wednesday, a day after President Donald Trump met NKorean leader Kim Jong Un for a historic Summit. President Trump and Chairman Kim met in Singapore Tuesday […]
‘A Story of Opportunity for North Korea’ A Destiny Pictures Production There is just 1 credit at the beginning of the movie President Donald Trump had made for NKorea’s Chairman Kim Jong Un: “A Destiny Pictures Production.” “Seven billion people inhabit planet Earth,” the narrator says. “Of those alive today, only a small number will […]
NKorea Summit, the Historic Trump-Kim Meeting + the Video President Donald Trump and Chairman Kim Jong Un met in Singapore Tuesday in a historic Summit that marks the 1st time leaders from the United States and NKorea have come together in person. The 2 leaders “got along from the beginning,” President Trump told Sean Hannity in […]
President Trump and Chairman Kim ‘inked’ Agreement for Prosperity and Peace US President Donald Trump said a historic Summit with NKorea’s Chairman Kim Jong Un Tuesday in Singapore went “better than anybody could have expected”, and they signed a document following talks on ways to end a nuclear standoff on the Korean Peninsula. The Summit […]
President Trump Forecasts a “nice” Outcome for the Summit US President Donald Trump announced late last night that he will be leaving Singapore early because the nuclear negotiations have moved “more quickly than expected.” President Trump spoke briefly, forecasting a “nice” outcome for the Summit during a meeting with Singapore’s PM. “The discussions between the […]
President Trump’s ‘Clear Objective’ Peace “1-Time Shot” for Chairman Kim Saturday afternoon, US President Donald Trump said he has “a clear objective” for his upcoming nuclear Summit with NKorea’s Kim Jong Un. He described the meeting scheduled Tuesday in Singapore as a “1-time shot” for Chairman Kim, and President Trump said he was about to […]
President Trump, “I do not need Chuck Schumer’s advise on North Korea” US Secretary of State Mike Pompeo says, President Trump is fully prepared for the meeting. Friday, US President Donald Trump hammered Senate Minority Leader Chuck Schumer (D-NY) through a Tweet, saying his administration doesn’t “need his advice” when it comes to negotiating with […]
Tesla’s (NASDAQ:TSLA) Under Fire, Struggling CEO Fighting for His Life $TSLA Tesla’s (NASDAQ:TSLA) Elon Musk opened the company’s annual shareholder meeting Tuesday emotionally on the verge of tears as he said he builds its EVs with care and affection that other automakers cannot match, adding that the company’s decent into ‘production Hell’ has been hard on him […]
Dennis Rodman Likely to Be in Singapore Come “Summit-time” NBA Hall of Famer Dennis Rodman, 57 anni, will be in Singapore next week during President Donald Trump’s summit with North Korean dictator Kim Jong Un Mr. Rodman who has visited with Chairman Kim 5X since Y 2013, will arrive in Singapore the day before the […]
NKorea’s Economic Potential is Huge, Peace Looms Virgin Natural Resources: Crude Oil, Nat Gas Exploration and Minerals Mining to Open Up Sunday, US President Donald Trump said that he truly believes North Korea has “brilliant potential and will be a great economic and financial Nation one day” just as the historic Summit with NKorean leader […]
Korean Leaders Met, Peace Summit Looms Sunday, NKorean leader Kim Jong Un reaffirmed his commitment to “complete” denuclearization of the Korean Peninsula and to a planned meeting with US President Donald Trump, SKorean President Moon Jae-in said. President Moon and Chairman Kim agreed at a 2nd meeting Saturday that a possible NKorea-US Summit, currently planned […]
The Fed ‘May’ Need to Gradually Raise Interest Rates The Fed may need to keep raising interest rates to keep inflation under control, Fed Chairman Jerome Powell said in a speech on the economic outlook that did not address the economic risks of rising trade tensions. Friday, in his 1st speech on the economic outlook since assuming […]
Jerome ‘Jay’ Powell Confirmed by Senate to Head the Fed The Senate has approved President Donald Trump’s selection of Jerome Powell to be the next Chairman of the Fed beginning next month. Senators voted 85-12 to confirm Mr. Powell to lead the central bank, a post that is considered the most powerful economic position in […]
President Trump to Nominate Jay Powell the New Fed Chairman $CG The White House has notified Federal Reserve Governor Jerome “Jay”Powell, 64 anni, that President Trump will nominate him as the next Chairman of the central bank. President Donald Trump spoke with Mr. Powell Tuesday, an unnamed source familiar with the matter told us. President […]
President Trump to Decide on Fed Chairman Within 3 Weeks US President Donald Trump said he has held 4 meetings to discuss who should lead the Fed starting early next year and expects to decide within 3 weeks. President Trump made the disclosure in comments to reporters on the White House lawn. He did not […]
New Fed Chairman Coming Soon White House senior economic adviser Gary Cohn was “mum” about his willingness to take over as Chairman of the Fed early next year. “I’m really excited to be doing what I’m doing,” Mr. Cohn said Friday when asked about his desire for the job of being head of the US […]
UAE President Restructures Board of Abu Dhabi Wealth Fund ADIA The Abu Dhabi Investment Authority is 1 of the world’s richest sovereign wealth funds UAE President and Abu Dhabi ruler Sheikh Khalifa bin Zayed Al Nahyan has issued a decree reshuffling the board of Abu Dhabi Investment Authority (ADIA), official news agency WAM reported Tuesday. […]