Trump boasts best June for stock market in years — but a half-dozen signs flash warnings

President Donald Trump Tuesday morning thanked himself for a stock market that has been mostly clambering to new heights.

— Donald J. Trump June 25, 2019 The S&P 500 index SPX, -0.95% is set for its best June since 1955 while the Dow Jones Industrial Average DJIA, -0.67% is on track for its strongest June return since 1938. “I definitely do worry about the economic indicators and I do worry that transportation is not supporting this last leg higher,” said Diane Jaffee, senior portfolio manager at TCW, told MarketWatch in a phone interview.Russell 2000 index On Monday, a popular benchmark for small-capitalization focused stocks rang up the worst day since May 31, down 1.3%, as most of the major benchmarks delivered lackluster to flat returns on a listless day of trade.

Negative yields The total amount of debt with yields below zero earlier this month hit a record of $13 trillion. The ballooning value of subzero-yielding debt reflects how global bond markets continue to attract inflows from jittery investors who appear to be buying bonds in reaction to fears of a broad economic slowdown.

Everything after but is bullshit.

Just a friendly reminder.

Last 3 days suck

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Stocks close little changed with the June rally on hold ahead of US-China trade talksStocks held steady today as investors await the key meeting between President Trump and Chinese President Xi at this week’s G20 summit. The Dow gained just 8.41 points, and the S&P slid less than 1% at the close. The TrumpRecession is not far away ! Mark my words, this 20 times bankrupt fool, will crash it all down ! It’s just a matter of time !
La source: CNBC - 🏆 12. / 72 Lire la suite »