IMF: USD Overvalued

IMF: USD Overvalued

$USD, $EUR, $JPY, $CNY International Monetary Fund (IMF) said Wednesday the USD is overvalued by 6% to 12%, based on near-term economic fundamentals, while the EUR, the JPY, and China’s RMB Yuan were seen as broadly in line with fundamentals. The IMF has been at odds with President Trump over his use of tariffs to […]

The Trump Steamroller is Accelerating

The Trump Steamroller is Accelerating

FLASH: The initial shock at the success of this blunt and volcanic man who attacked all factions of both parties and assaulted almost every element of OBushinton political correctness and conventional wisdom, whose inaugural address was described at once by George W. Bush to Hillary Clinton as “some weird s***,” has mutated into a fear […]

President Trump’s Hammering of ‘the squad’ Raises GOP Support

President Trump’s Hammering of ‘the squad’ Raises GOP Support

Support for President Trump increased among Republicans after he lashed out on Twitter at the weekend in an attack on 4 freshmen Democratic congresswomen known a ‘the squad‘, a Reuters/Ipsos public opinion poll shows. The national survey, conducted Monday and Tuesday after President Trump told the lawmakers they should “go back and help fix the […]

President Trump, “Progress” Made with Iran to Defuse Crisis

President Trump, “Progress” Made with Iran to Defuse Crisis

Tuesday, President Trump said “a lot of progress” had been made toward ending a volatile standoff with Iran, with his top diplomat saying Tehran had signaled willingness to negotiate over its disputed ballistic missile program. Earlier, Iran’s FM said Tehran would discuss its missile program after Washington stopped arming allies Saudi Arabia and the UAE, […]

President Trump on Crypto’s and Big Tech

President Trump on Crypto’s and Big Tech

$BTC, $BTCUSD, $FB, $GOOGL, $TWTR President Trump has criticized Bitcoin, Facebook’s proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to US and global regulations if they wanted to “become a bank.” “I am not a fan of Bitcoin and other Cryptocurrencies, which are not […]

Fed’s Signal: Interest Rate Cuts Coming Soon

Fed’s Signal: Interest Rate Cuts Coming Soon

Wednesday, Fed Chairman Powell signaled that the Fed is likely to cut interest rates late this month for the 1st time in a decade in light of a weakening global economy and rising trade tensions. Delivering the central bank’s semiannual report to Congress, Chairman Powell said that since Fed officials met last month, “uncertainties around […]

Iran Nuclear Deal Falling Apart

Iran Nuclear Deal Falling Apart

Tuesday, EU powers accused Iran of “pursuing activities inconsistent with its commitments” under a Y 2015 nuclear deal and called for an urgent meeting of the parties to the agreement to discuss Tehran’s compliance. Britain, Germany, France, Russia, China and Iran are the remaining parties to the deal – known as the Joint Comprehensive Plan […]

President Trump is Not Preparing for an ‘Impeachment Battle’

President Trump is Not Preparing for an ‘Impeachment Battle’

President Trump’s legal team is not preparing for an ‘impeachment battle‘, and the growing call from congressional Democrats for impeachment is just “political theater,” Jay Sekulow, the President’s personal attorney, said Tuesday. “There is no impeachment team,” Mr. Sekulow told reporters “I just do not see this as a real threat.” Some congressional Democrats said they […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Down, USD Flat Crude Oil Off, Stocks Lower Notes: BoE Governor Mark Carney has said a global trade war and a no-deal BREXIT were growing risks to Britain’s economy, which might need more help to cope with a downturn. That prompted investors to increase their bets on […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

FLASH: Gold Down, USD Up, Crude Oil Flat, Stocks Lower Notes: White House Economic advisor Larry Kudlow has confirmed top representatives from the United States and China will meet in the coming week to continue trade talks. Iran said Sunday it will shortly boost its uranium enrichment above a cap set by a landmark Y 2015 nuclear […]

President Trump’s Approval Hits 1st-Term High at 47%

President Trump’s Approval Hits 1st-Term High at 47%

This strong economy has President Trump’s approval rating hitting a high point for his administration at 44% among adults and 47% among registered voters in the latest The Washington Post/ABC News poll. These ratings represent a 5-percentage-point uptick since April, when special counsel Robert Mueller’s investigative report was released. President Trump scores highest on the economy, with […]

Campaign to Reinstate the Gold Standard in US Gathering Momentum

Campaign to Reinstate the Gold Standard in US Gathering Momentum

$XAU, $GLD, $USD The once-fringe fantasy of a return to the gold standard is creeping back into the mainstream. It has long been dismissed as a fool’s errand, on par with abandoning the Federal Reserve and other trappings of the modern economy. Mainstream economists deride it almost without exception. Reintroducing the gold standard would “be a disaster […]

President Trump, “Immigration Raids Starting Fairly Soon”

President Trump, “Immigration Raids Starting Fairly Soon”

Friday, President Trump said mass deportation roundups would begin “fairly soon” as US migrant advocates vowed their communities would be “ready” when immigration officers come. President Trump, who has made a hard-line immigration stance a Key issue of his Presidency and Y 2020 re-election bid, postponed the operation last month after the date was leaked, […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

FLASH: Gold Up, USD Firm, Crude Oil Down, Stocks Up Notes: The market’s focus is Friday’s US NFPs for June, which economists expect to have risen by 160,000 in June, compared with 75,000 in May. USD firm on Friday but traders held off on making big bets ahead of the closely-watched US NFPs report that could influence […]

Watch “Salute to America” Live

Watch “Salute to America” Live

The “Salute to America” is being held at the Lincoln Memorial in Washington DC, from 6:30p to 7:30p EDT. It is expected to include military flyovers and the biggest fireworks display ever. President Trump Tweeted: People are coming from far and wide to join us today and tonight for what is turning out to be one […]

President Trump, “July 4 Celebration to Be Show of a Lifetime”

President Trump, “July 4 Celebration to Be Show of a Lifetime”

Fact: Washington has held an Independence Day celebration for decades, featuring a parade along Constitution Avenue, a concert on the Capitol lawn with music by the National Symphony Orchestra and fireworks beginning at dusk near the Washington Monument. And Thursday, the 4th of July, President Trump continues the tradition and presents a show of the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY Wednesday, the US financial markets are shortened, and all US financial markets are closed Thursday for Independence Day FLASH: Gold Up, USD Flat, Crude Oil Up, Stocks Off Notes: Bank of England Governor Mark Carney on Tuesday flagged uncertainties stemming from trade disputes and Britain’s departure from the EU […]

Poll: 33% of Americans Believe the Mainstream News Media is ‘The Enemy of The People’

Poll: 33% of Americans Believe the Mainstream News Media is ‘The Enemy of The People’

Fully 33% of Americans say the mainstream news media is “the enemy of the people,” a new Hill-Harris X poll reveals. And 67% said the “news media is an important part of a democracy.” Here is how the poll breaks down: 51% of Republicans say the press is “the enemy of the people.’ 14% of Democrats say […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Up, Crude Oil Down, Stocks Mixed Notes: President Trump said Monday that any trade deal with China would need to be “somewhat tilted” in favor of the United States. The US government also threatened tariffs on $4-B of additional EU goods in a long-running dispute […]

President Trump: “Afghanistan is the Harvard for Terrorists”

President Trump: “Afghanistan is the Harvard for Terrorists”

President Trump talking about goals of pulling troops out of Afghanistan, the longest running war in American history says he has to listen to his generals to stay, because it is “Harvard for terrorists.” “I would like to just get out,” President Trump told Fox News’ “Tucker Carlson Tonight.” “The problem is it just seems to be a […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Notes: The US and China agreed on Saturday to resume trade negotiations after President Trump offered concessions to his Chinese counterpart Xi when the 2 leaders met on the sidelines of the G-20 Summit in Japan. OPEC and […]

President Trump’s Successes at the Weekend Pushes Gold Below Key Technical Support

President Trump’s Successes at the Weekend Pushes Gold Below Key Technical Support

$XAU, $GLD, $SLV, $USD Gold fell 1%+ Monday to its lowest in more than a week as USD strengthened and investors opted for riskier assets after the US and China agreed to restart trade talks. Spot gold was down 1.3% at $1,391.29 oz, as of 0411 GMT, US gold futures dipped 1.3% to $1,394.90 oz. […]

NKorea’s Chairman Kim to Meet President Trump at the DMZ Sunday

NKorea’s Chairman Kim to Meet President Trump at the DMZ Sunday

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 […]

Presidents Trump and Xi Discussing Resolutions to Long Running Trade Dispute

Presidents Trump and Xi Discussing Resolutions to Long Running Trade Dispute

The long running trade dispute between the world’s 2 economic titans is a Key point Saturday. Then Presidents Trump and Xi meet, both leaders are signaling a desire to de-escalate the year-long dust-up, a good will compromise is needed in here it seems. The meeting takes place on the sidelines of the international G-20 Summit […]

President Trump Wishes to Meet Chairman Kim at DMZ

President Trump Wishes to Meet Chairman Kim at DMZ

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 […]

US May Impose More Tariffs on China, No Preconditions in Talks this Weekend

US May Impose More Tariffs on China, No Preconditions in Talks this Weekend

There are no preconditions set ahead of any trade talks with China, White House economic adviser Larry Kudlow said Thursday ahead of President Trump’s meeting with Chinese President Xi this weekend at the G-20 in Japan There were no specific agreements made ahead of the two leaders’ talks, Mr. Kudlow said in an interview. Mr. Kudlow […]

President Trump Begins Talks on China Trade, Iran, and NKorea

President Trump Begins Talks on China Trade, Iran, and NKorea

Thursday, President Trump began his overseas trip of the year with dinner with the Prime Minister of Australia, a friendly opening act before the impending gauntlet of negotiations on international crises, trade wars and a growing global To-Do list. President Trump is in Osaka, Japan, for the annual G-20 Summit. As his re-election bid heats […]

President Trump, “Trade Deal Possible With China’s Xi, Tariffs Could Be Lowered”

President Trump, “Trade Deal Possible With China’s Xi, Tariffs Could Be Lowered”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Investors and Traders in a Wait & See mode for the G-20 Summit this weekend Wednesday, President Trump said that a trade deal with Chinese President Xi is possible this weekend, but he is prepared to impose US tariffs on virtually all remaining Chinese imports if the 2 countries […]

President Trump and Chairman Kim Exchanging ‘Very Friendly Letters’

President Trump and Chairman Kim Exchanging ‘Very Friendly Letters’

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 […]

New US Sanction on Iran Targets its Supreme Leader Directly

New US Sanction on Iran Targets its Supreme Leader Directly

FLASH: Secretary Mnuchin, “Trump Order Will Lock up Billions More in Iranian Assets” Monday, President Trump signed an executive order targeting Iran’s supreme leader and his associates with financial sanctions, the latest action the US has taken to discourage Tehran from developing nuclear weapons and supporting militant groups. The sanctions follow Iran’s downing of a […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $SOX, $QQQ, $RUTX, $XAU, $GLD, $RUTX, $VXX FLASH: Last week we saw Wall Street stocks and Gold rally hard finishing solid on Quad Witching on the Fed’s Dovish policy position declared Wednesday afternoon. We are in the 2nd longest Bull Market in history that began precisely at 1:00p ET on 9 March 2009, and according […]

S&P Marks Record Closing High, Wall Street Bets on Fed Rate Cut

S&P Marks Record Closing High, Wall Street Bets on Fed Rate Cut

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: This Bull Market in stock is the longest on record. The S&P 500 Index marked a record closing high Thursday, buoyed by Wall Street’s expectations that the Fed will cut interest rates as soon as July to keep the US-China trade dispute from stalling economic growth. The Fed left […]

President Trump on Jerome Powell’s Future: “Let’s see what he does.”

President Trump on Jerome Powell’s Future: “Let’s see what he does.”

President Trump Tuesday kept up the pressure on the head of the Fed following a report that lawyers at the White House have explored the legality of stripping Jerome Powell of the Fed’s Chairmanship. Asked by reporters outside the White House if he wanted to demote Chairman Powell,  President Trump said: “Let’s see what he does.” […]

President Trump Vs Fed, Gold Wins

President Trump Vs Fed, Gold Wins

$XAU, $GLD, $USD President Trump continues his relentless attacks against the Fed and their strong dollar Tuesday with his most recent Tweets: “This is because the Euro and other currencies are devalued against the dollar, putting US at a big disadvantage. The Fed Interest rate way too high, added to ridiculous quantitative tightening! They don’t […]

President Trump Does Not Want War With Iran and…

President Trump Does Not Want War With Iran and…

Iran’s President says, “Iran is not seeking war against any nation. Secretary of State Mike Pompeo said Tuesday, that the United States will maintain its pressure campaign on Iran and continue to deter aggression in the region, but does not want the conflict with Tehran to escalate. “We have been engaged in many messages, even […]

Fed Fueling a Recession, Chairman Powell On The Way Out

Fed Fueling a Recession, Chairman Powell On The Way Out

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX President Trump will not renominate Jerome Powell for another term as Fed Chairman if re-elected. “That will lead to very different monetary policy, so the Fed is not fully independent of politics,” former Fed VC Fischer, an Hussein Obama appointee, said Sunday at a talk in Israel. By criticizing […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $SOX, $QQQ, $RUTX, $XAU, $GLD, $RUTX, $VXX FLASH: Last week we saw Wall Street stocks consolidate on light volume and the Fed signaled ‘Got Gold’ Mr. Market started seriously pricing in the possibility of interest rate cuts. To be fair, the signal came from the Top of the economic politburo that matters that being […]

“Iran did it, it cannot cover its tracks”

“Iran did it, it cannot cover its tracks”

$OIL, $USO The United Arab Emirates’ Top diplomat says evidence his country possesses indicates that recent attacks against Crude Oil tankers inside UAE waters were “state-sponsored.” Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan did not name the state, but said his country wants to work with other nations to prevent a further escalation of […]

President Trump on Fed Chairman Powell, “I disagree with him ‘entirely'”

President Trump on Fed Chairman Powell, “I disagree with him ‘entirely

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX Friday, President Trump sharply criticized Fed Chairman Powell in an interview aired Friday, blaming him for raising interest rates and damaging the US economy. “He is my pick, and I disagree with him entirely,” he said in an interview with ABC News that was filmed in the back of a […]

Tom Homan Heads back to White House as Border Czar

Tom Homan Heads back to White House as Border Czar

Tom Homan, the former acting director of Immigration and Customs Enforcement, is headed back to The Trump Administration as “border czar,” President Trump said Friday, he “really wants” to be involved with the border. The announcement happened when President Trump was speaking during a lengthy TV interview. President Trump sad Mr. Homan will report directly to […]

President Trump’s Numbers Give Dems Nightmares on Criminal Justice Reform

President Trump’s Numbers  Give Dems Nightmares on Criminal Justice Reform

FLASH: The Second Chance Act giving Democrats nightmares. With their hopes for defeating President Trump in Y 2020 depending largely on turning out the black vote in its usual monolithic numbers, Democrats have been relentless in trying to paint The Trump Administration as evil for Black-Americans. But a report released this month by the U.S. Sentencing […]

US Stocks “Paused to Refresh”, Gold Finished Higher

US Stocks “Paused to Refresh”, Gold Finished Higher

$DIA, $SPY, $SOX, $QQQ, $RUTX, $USD, $XAU, $GLD, $VXX Total CPI increased 0.1%, as expected, as did core CPI, which excludes food and energy prices. The monthly changes left the Y-Y readings at 1.8% and 2.0%, respectively, versus 2.0% and 2.1% for the 12 months ending in April. The Key takeaway from the report is […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Steady, Crude Oil Falls, Stocks Off Notes: US Crude Oil inventories rose by 4.9-M bbl in the week ended 7 June to 482.8-M bbl, according to data from the American Petroleum Institute (API) Tuesday. That compared with analyst expectations for a decrease of 481,000 […]

If you were paying close attention last week you Keyed on This…

If you were paying close attention last week you Keyed on This…

$EURUSD FLASH: Last week, Fed Chairman Powell said, “…we will act as appropriate to sustain the expansion.” With those few words Chairman Powell took the strength out of the argument for a recession because the Fed is very powerful. And with the stock market rallying, President Trump threatening more tariffs on China, stocks are just […]

How Trump Drives Markets

How Trump Drives Markets

Indexica, a leader in the NLP alternative data space, announced that their predictive indexing intelligence engine has been able to find leading signals in news patterns related to Trump. While it’s clear that Trump’s tweets and actions move markets within seconds, what hasn’t been clear until now is whether the broader conversation stemming from him […]

Trump’s Healthcare Discrimination

Trump’s Healthcare Discrimination

City Attorney Dennis Herrera today announced he has filed for a court order to halt enforcement of the Trump administration’s new rule that would allow health care staff to refuse to provide medical treatment to patients. If allowed to take effect, the U.S. Department of Health and Human Services’ new rule would threaten medical access for socially […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Up, Crude Oil Up, Stocks Up Notes: President Trump will meet Chinese President Xi on the sideline of G-20 leaders’ meeting late this month to seek compromise on trade and other economic issues. In Asia Gold: Gold held steady Tuesday after posting its biggest 1-day percentage […]

Trade Talks are Scheduled Between Presidents Trump and Xi at the G-20 Summit

Trade Talks are Scheduled Between Presidents Trump and Xi at the G-20 Summit

Late Monday, President Trump said he does expect Chinese President Xi to be at the G-20 Summit in Japan this month and the 2 world leaders are scheduled to talk at the gathering of leaders from the Top industrialized and emerging economies. Since the trade talks last month in Washington ended in a stalemate, President […]

China’s Cities Rising in the Ranks of the World’s Most Powerful

China’s Cities Rising in the Ranks of the World’s Most Powerful

Chinese cities are moving up the ranks as the world’s most powerful, with Hong Kong, Beijing and Shanghai now Topping Los Angeles, Berlin and Tokyo, and more… For China to keep rising to compete with the likes of Western power centers, it needs to create cities more open to diversity and more inclusive, say analysts […]

Hiring in US Hits Record Highs

Hiring in US Hits Record Highs

US job openings fell a bit in April as hiring surged to a record high, government data showed Monday. Job openings, a measure of labor demand, slipped to a seasonally adjusted 7.4-M from 7.5-M in March, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS. The job openings rate was […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Flat, Crude Oil Up, Stocks Up Notes: Investors are still hoping that President Trump will meet Chinese President Xi on the sideline of G-20 leaders’ meeting late this month to seek compromise on trade and other economic issues. Ahead of the Summit, G-20 […]

US Consumers Upbeat

US Consumers Upbeat

US consumer debt increased by the most in 5 months in April and topped estimates, suggesting more upbeat sentiment among Americans is supporting borrowing and spending. Total credit expanded $17.5-B from the prior month following an upwardly revised $11-B gain in March, Federal Reserve figures showed Friday. Revolving debt outstanding increased the most since November while non-revolving […]

US Economy Growing Despite Jobs Slowdown

US Economy Growing Despite Jobs Slowdown

Under President Trump the US economy is continuing to grow, despite a  jobs report that showed job growth had slowed down sharply in May while wages rose less than expected. “We have had extraordinary job growth over the past couple of years, record job growth,” VP Mike Pence’s Chief of Staff Marc Short told reporters. “Unemployment is at a […]

President Trump, “Mexico is done, let’s get on with China”

President Trump, “Mexico is done, let’s get on with China”

FLASH: President Trump declared a victory after Washington and Mexico agreed on measures to stem the flow of Central American migrants into the United States. President Trump called off plans to impose a 5% tax on Mexican exports, and Treasury Secretary Steven Mnuchin, speaking to reporters Saturday in Fukuoka on the sidelines of a meeting […]

US Household Wealth Tops $108-T in Q-1

US Household Wealth Tops $108-T in Q-1

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX US household wealth marked a record in Q-1 as the stock market rallied, supporting consumers after Fed interest-rate hikes and trade dispute shocked investors late last year. Net worth for households and non-profit groups increased by $4.69-T, or 4.5%, to $108.6-T after a 3.7% drop in the prior frame, Federal […]

President Trump Delivers His “Greatest Speech Ever”

President Trump Delivers His “Greatest Speech Ever”

Members of the liberal media had high praises for President Trump’s words at the 75th commemoration of D-Day celebration in Normandy, including MSNBC’s “Morning Joe” host Joe Scarborough calling it the “strongest speech of his presidency” and CNN’s Jim Acosta lauding it as his most “on-message moment.” “There was one especially beautiful moment, and I loved the […]

President Trump Returns US to Position of Strength in the World

President Trump Returns US to Position of Strength in the World

President Trump’s tough talk to Iran is not warmongering, but a return to the United States acting from a position of strength. “This is what American Presidents used to do talk tough, before President Obama. They used to talk about American strength and the desire for peace over war, but war if necessary. We are returning […]

Factory Orders Off, as Shipments Post Largest Decline in 2 Years

Factory Orders Off, as Shipments Post Largest Decline in 2 Years

FLASH: New orders for US made goods fell in April and shipments dropped by the most in 2 years, indicating continued weakness in manufacturing activity that could undercut the broader economy. Factory goods orders declined 0.8%, pulled down by soft demand for transportation equipment, computers and electronic orders, and primary metals, the Commerce Department said Tuesday.  […]

Trade War Explained

Trade War Explained

Starting in the public eye as just a US ban on Huawei, the situation has spiraled into a trade war where trump has placed tariffs on goods from china and vise versa. Prices on everyday goods are expected to rise as a result, especially low end goods. A trade war is when countries participate in […]

Trade, Other Risks, Signal Rate Cut May Be “Warranted Soon”

Trade, Other Risks, Signal Rate Cut May Be “Warranted Soon”

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Growing expectations for the Fed to cut rates to address slower growth and muted inflation; 2-yr yield drops 12 bpts to 1.83% . St. Louis Fed President James Bullard (FOMC Voter) said that slower economic growth could be sharper-than-expected due to the trade uncertainty. Mr. Bullard added that […]

President Trump’s New Trade War Target: Chinese Students at Elite US Schools

President Trump’s New Trade War Target: Chinese Students at Elite US Schools

The Trump Administration has started taking aim at China’s best and brightest schooling in the US, scrutinizing researchers with ties to Beijing and restricting student visas. Several Chinese graduate students and academics say that recent weeks that they found the US academic and job environment increasingly unfriendly. China’s Education Ministry issued a warning Monday on […]

US Seeking to ‘Level Playing Field’ With China

US Seeking to ‘Level Playing Field’ With China

Monday, Secretary of State Mike Pompeo said that the United States is seeking to “level the playing field” with China after decades of unfair trade practices. President Donald Trump wants to ensure that Chinese and US companies are doing business on equal terms, Secretary Pompeo said. “We are very concerned that Western companies, American companies […]

President Trump’s Mexico Tariff Threat Already Working

President Trump’s Mexico Tariff Threat Already Working

President Trump’s threats of tariffs against Mexico are already working, as the country sent a delegation immediately to Washington, DC, to discuss the growing issue of immigrants being allowed to come through Mexico to the United States’ southern border. “Those talks are beginning, and hopefully in earnest. and hopefully, Mexico will take that seriously and […]

No Country is Safe from Trump’s Tariffs

No Country is Safe from Trump’s Tariffs

$GLD, $XAU, $SLV, $USD, $GOLD, $NEM, $VXX FLASH: Gold is finally seeing some bullish momentum as trade ructions escalate, fueling the biggest rally among the top miners in seven months. President Trump’s plan to impose a 5% tariff on all Mexican goods over illegal immigration rattled financial markets, boosting the haven appeal of the precious […]

Iran Softens Hard Line Against Meeting President Trump on Sanctions

Iran Softens Hard Line Against Meeting President Trump on Sanctions

Iran’s President Hassan Rouhani Saturday suggested Iran may be willing to hold talks with the US if the US shows respect and followed international rules, but Tehran would not be pressured into negotiations, the semi-official Fars news agency reported. Tehran has repeatedly denounced Washington’s withdrawal from Iran’s nuclear deal with world powers as a breach […]

Mexico, Under Trump Tariff Pressure, ‘Optimistic’ for a Fast Resolution

Mexico, Under Trump Tariff Pressure, ‘Optimistic’ for a Fast Resolution

Saturday, Mexico’s President said he expects”good results” from talks planned in Washington about President Trump’s threat to impose tariffs on Mexican goods, and floated the possibility Mexico could tighten controls on migration. President Trump said he will apply the tariffs on 10 June if Mexico does not halt the flow of illegal immigration, largely from […]

Mexico is a Criminal Enterprise for Exporting Illegal Aliens

Mexico is a Criminal Enterprise for Exporting Illegal Aliens

The illegal immigration situation at America’s southern border is nearly unprecedented, a top Homeland Security official said. During a White House call with reporters Thursday evening, acting Department of Homeland Security Secretary Kevin McAleenan said the Border Patrol is apprehending several thousand people every day. “The situation is both a humanitarian and border security crisis that has […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Steady, Crude Oil Down, Stocks Down Notes: Global stocks will continue their drive North, but an escalation of the US-China trade dispute poses the biggest risk, Reuters polls of over 200 equity strategists, analysts and fund managers from around the world found. President Trump […]

Mexico Will Pay for “The Wall”

Mexico Will Pay for “The Wall”

FLASH: President Trump Hits Mexico With 5% Tariffs Over Record Illegal Immigrants at US Southern Border President Trump on Thursday evening announced that a 5% tariff will be imposed on all Mexican imports beginning June 10th and will gradually increase until the illegal immigration stops. A record number of illegal aliens are flooding over the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $BTC, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Steady, Crude Oil Up, Stocks Mixed Notes: Global stocks will continue their drive North, but an escalation of the US-China trade dispute poses the biggest risk, Reuters polls of over 200 equity strategists, analysts and fund managers from around the world found. […]

1 2 3 31