Donald Trump loves telling us all about how fantastic the stock market has done under his leadership. And why wouldn’t he? Despite a few hiccups, it’s been a great run, no doubt .
“My view is there are many measures of success — and that the economy needs to work well for a majority of the people — not just stock investors,” McBride explained in a “just for fun” blog post over the weekend. Check out: Hong Kong police officers launch tear gas against protesters; masked goons attack subway riders
Equifax EFX, +0.39% will pay potentially up to $700 million in a settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau, and 50 U.S. states and territories over a widespread 2017 hack that exposed information from over 100 million people. As for the next move on the rate-cut front, Fels says there’s a 50-50 chance that the Fed slashes rates by 50 basis points this month and leaves the door open to perhaps another cut by year end.
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