‘Art of the Deal’ or a serious breakdown in trade talks? Stocks point to the latter

MARKETWATCH FRONT PAGE White House economic adviser Larry Kudlow, in a tweet that put an awkward exclamation point on Friday’s stock-market rally, cheered “we’re killing it on the economy” and it’s “totally awesome.” In the first trading session since that tweet went viral, it certainly doesn’t feel totally awesome for traders who were anticipating good news on the trade front. See full story.

Happy birthday, Gordon Gekko: My 5 favorite quotes from the ‘Wall Street’ villain Gordon Gekko was a bad guy in a movie released 32 years ago, and yet he is still widely quoted on Wall Street today. And as many on the Street know, May 6 is Gekko’s birthday. See full story. Stars are aligned for economy as it closes in on record for longest expansion Is it time to worry about the economy after a nearly record-long 10-year expansion? See full story.

The US - China trade status is really impacting the stock market. This area of trade needs to be better explained to the people. Increase of tariffs on China does not create GDP increase unless we export more or import less. The US will import less.

paynej247 media plays same drum every time he does anything. Meanwhile Trump gets results and they don’t won’t admit it.

that is what you get when the only 'talent' your president has is being a rightwing populist China is not his only failing

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Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »

‘Art of the Deal’ or a serious breakdown in trade talks? Stocks point to the latterWhite House economic adviser Larry Kudlow, in a tweet that put an awkward exclamation point on Friday’s stock-market rally, cheered “we’re killing it on the economy” and it’s “totally awesome.” In the first trading session since that tweet went viral, it certainly doesn’t feel totally awesome for traders who were anticipating good news on the trade front. THIS is what will happen to stocks thanks to Trump's 25% tariffs: Trump has been publicly stating that the China talks are going very well. My guess is that he saw this as a way for he and his comrades to make some money on a bearish trade.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »