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...
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...
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...
by Dorian Holden | Aug 22, 2019 | Markets
All eyes are on Jackson Hole today through Saturday. Amid a great deal of trade tensions, the threat of a currency war, and slower economic growth, central bankers are converging. This one is a big deal as we wait for hints from Fed boss Jerome Powell on the...
by Dorian Holden | Aug 21, 2019 | Markets
Apparently, no one gave U.S. consumers the message the economy is slowing. Even with fears of a recession blaring in the headlines, they continue to spend. So much so, retail sales in July 2019 were up 0.7% month over month. Excluding autos, retail sales were up...
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