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Stocks plummet as JP Morgan commentary calls Trump's tweets about a China trade deal 'completely fabricated''It doesn’t seem like anything was actually agreed to at the dinner and White House officials are contorting themselves into pretzels to reconcile Trump’s tweets,” traders from JP Morgan wrote in their desk commentary Tuesday. China says no trade agreement happened. Can't believe Trump....AGAIN. This is what he has done every single time he deal with world leaders. He ramps up the crisis, blames everyone, then tweets how in love they are with each other. Then BAM, comes the truth from the other country (not our WH though, they just keep spinning) about no deal. Fabricated - meaning Trump lied again. Millions of people are being affected by his lies. Market losses. Businesses upended.
Source: Newsweek - 🏆 468. / 52 Read more »
JP Morgan misses on earnings | Stocks face pressure | Shutdown enters Day 25Futures were higher earlier this morning but came under pressure after Dow stock J.P. Morgan missed estimates on earnings. HUGE miss. Shows you how media has pumped up this market just to get people back into stocks . Fact is we had 10 year bull market , it’s OK to have slowdown it’s healthy . Stop artificially pumping market before next Lehman federalreserve Seems major banks suffered from lower earnings. Not good! Lucky me sold banks stocks yesterday. $BAC $WFC
Source: CNBC - 🏆 12. / 72 Read more »
JP Morgan sees a 'window of opportunity' for stocks in the first months of 2019The first three months of next year will likely see stocks rally, J.P. Morgan says, so long as the Federal Reserve 'skips' its March meeting and does not hike interest rates again. CNN NBCNews waff48 TODAYshow Probably not Ford. Have you walked into their dealership lately? They keep giving me some of my own money back and calling it a dividend.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. seeks halt in civil suit accusing JP Morgan of manipulating metals market, citing criminal caseThe move comes days after a lawyer sought permission to reopen questioning of two former J. P. Morgan traders and the bank's top metals trader and after one of those traders pleaded guilty in Connecticut federal court. Just strengthening the case for Bitcoin and crypto.
Source: CNBC - 🏆 12. / 72 Read more »