Is your headline referring to our ever growing Enormous trade deficits - which no-one talks about anymore - but do in fact matter rather significantly? A country (US) not making anything anymore but 'importing' everything it needs is not a sign of health. It's a sign of a bubble.
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Market won't calm down until the Fed's rate path is clearer: Wall Street veteran Peter KrausFed chief Powell is not going to raise rates as much as he planned, says Kraus but adds the dot plot diagram still says three hikes. Looks like another GOP driven recession on its way soon....Thanks senatemajldr Lower. Fed can be clear on higher trajectory also The path is clear. Rates are going to keep moving up unless the deep state assassinates Powell and reinstates Yellen. Anybody in finance who thinks the path for rates is unclear should not be trusted with money or decisions in general.
Source: CNBC - 🏆 12. / 72 Read more »
Veteran trader says market bounce may be the bottomThe market rally may mean the beginning of a move back higher for stocks, says UCX chief economist Jack Bouroudjian. Oh Wait....Surely Trump will tweet something soon...the prick can't keep his fingers to himself, can he? Oh...there he goes...true to form!! 10% tariffs on iPhones...ha ha...cant help hating the bastard!! Next high after today is Friday One day down = Historic Crash coming One day up = ATH in the offing Thanks for the info
Source: CNBC - 🏆 12. / 72 Read more »
Don't be alarmed about sell-off, market saw a 'buyers' boycott': Veteran trader Art CashinInvestors shouldn't really be 'alarmed' by the market sell-off, says veteran trader Art Cashin. 'If you're going to see the Dow down 800, you would expect you'd see somewhat of a stampede. You haven't,' he says. Says a tea party founder... Nothing to see here. Please move along people. Just a typical down 800 point day. Isn't the volatility good for boring dollar cost averaging index investors?
Source: CNBC - 🏆 12. / 72 Read more »
Dimon says Fed will likely still hike rates in December despite market turmoilDespite the stock market sell-off this week, J.P. Morgan Chase CEO Jamie Dimon predicts the Federal Reserve will likely still raise interest rates in December. Big biz broke the trust... that’s unfortunate this guy has fired more people than anyone else in business Govt. was pretty important for a banking bailout too.
Source: CNBC - 🏆 12. / 72 Read more »
Charting a bearish market whipsaw, S&P 500 asserts wide December rangeU.S. stocks are firmly lower early Friday, pressured despite a market-friendly jobs report amid persistent trade-related tensions. Amid the cross currents, the S&P 500 is traversing a wide December range — capped by major resistance — against a still comfortably bearish intermediate-term backdrop. what a technical indicator that is!
Source: MarketWatch - 🏆 3. / 97 Read more »
Here’s why the Fed won’t save the stock market, despite its worst December start since 1980A brutal week leaves stocks with the worst start to a December in 38 years. Here’s why the Federal Reserve might not ride to its rescue. Because it's not their job... They they try to keep unemployment low and inflation at a reasonable 2-3%
Source: MarketWatch - 🏆 3. / 97 Read more »
The stock market is on pace for its worst December since the Great DepressionThis is the worst start to a December for the stock market since the Great Depression. start? it's dec. 22, dude.. Offs Somehow this is Trumps fault and not the feds
Source: CNBC - 🏆 12. / 72 Read more »
Hedge-fund veteran Mark Yusko is predicting a 'dreadful bear market' in 2019There will be a lot of 'spiky' rallies in next year's bear market, with the end ultimately being 'a bad place.' Tech crash!!! ✊🏽 Ha ha ha, no thanks playing the long game, suckers panic
Source: CNBC - 🏆 12. / 72 Read more »
Will Santa deliver a stock market rally or pile of coal during worse December since 1931?The 'Santa Claus Rally,' the typical year-end stock surge, may not deliver in 2018. Too many worries persist on Wall Street. May not? Who writes this huh merry christmas
Source: USATODAY - 🏆 100. / 63 Read more »
By the numbers: Stock market collapses on Christmas Eve, heads for worst December everThe stock market is ending the year on quite the ugly note, here is where we stand statistically. I'm sure Donald Trump will say that's fake news Clearly Obama and his tan suit’s fault Merry Christmas, Wall Street.
Source: CNBC - 🏆 12. / 72 Read more »