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Trade War 2019: Trump Orders Companies to Look for “Alternative to China”

by Dorian Holden | Aug 26, 2019 | Markets

That didn’t take long. Hours after China retaliated with tariffs on $75 billion worth of goods, President Trump retaliated, sending markets screaming lower.   All after President Trump tweeted: “Our great American companies are hereby ordered to immediately...

Trade War: The Market May be Rallying on “Fake” News

by Dorian Holden | Aug 26, 2019 | Markets

Something doesn’t smell so good with today’s rally. After last week’s sell-off, futures are higher across the board this morning.  Dow futures are up 204. NASDAQ futures are up 58. S&P 500 futures are up 16. All as President Trump said “China called last...

L Brands Sees Sales Continue to Fall Short at Victoria’s Secret Stores

by Jamie Johnson | Aug 23, 2019 | Markets

L Brands reported falling sales and earnings during its second-quarter earnings report. L Brands, the parent company of Victoria’s Secret and Bath & Body Works, released its quarterly earnings report this week. The earnings report was something of a mixed bag and...

Breaking: China Retaliates with Tariffs on Another $75 Billion of U.S. Goods

by Dorian Holden | Aug 23, 2019 | Markets

Here we go again.   Any hopes for a trade war resolution may have just faded. In fact, just this morning, China announced plans to raise tariffs on more U.S. imports.   “New tariff rates will apply to about $75 billion worth of US...

Overstock.com CEO Resigns After Admitting to Clinton Probe

by Dorian Holden | Aug 22, 2019 | Markets

The CEO of Overstock.com resigned today – days just after saying he was in a relationship with a Russian spy, and deeply involved in an FBI probe into Hillary Clinton.   You may remember that earlier this month, the company posted a press release in response...
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