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'POwell put' for the markets..
Let's pump the brakes until after the G20 summit
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Dow futures up nearly 500 points on trade-war timeoutU.S. stocks are poised to rally Monday after the U.S. and China called a truce to their trade war over the weekend, triggering relief buying of perceived riskier assets such as equities. Conjecture on cause! Perhaps it was the US Mexico Canada trade agreement, or the trade progress w China, incl immediete ag purchases. Maybe it was that, deemed “impossible” by analysts, that POTUS got done this weekend. It wasn’t a “trade war time-out,” but REAL progress!
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks slide on Wall Street as markets turn jittery again, Dow Jones Industrial Average sinks 500Stocks slide on Wall Street as markets turn jittery again, Dow Jones Industrial Average sinks 500. That’s funny. I like negative numbers. Oops. The market needs to learn once and for all not to trust a damn thing Donald Trump says.
Source: ABC - 🏆 471. / 51 Read more »