Silver member posts
Economic news yesterday was dominated by the Facebook revenue warning and an EU-US trade summit in Washington.
Lots of positives. The earnings data looks good. This Goldilocks period for the US looks set to continue. Even Germany has shown some signs of economic strength recently.
The "Trump Unchained" policy tack is gathering steam as Trump lays the groundwork for a post-globalist world.
My first weekly post at Creit Writedowns Pro includes some thoughts on Tesla, Trump's Fed choices, the US trade war with China, M&A and corporate earnings.
1 big thing: Trump lambasts Fed rate hikes In an interview with CNBC, US President Donald Trump said “I’m not thrilled,” with the Fed's monetary policy. He continued by saying, “because we go up and every time you go up they want to raise…
Oil prices are at a point where Donald Trump may consider using the using the Strategic Petroleum Reserve to provide modest price relief to consumers.
UPDATE 815AM EDT: I see Reuters has reported that "Trump says that NATO allies have committed to raising defense spending beyond 2 percent of GDP." This reporting validates everything I write here. ------------ We have a lot of new…
Trump is not merely a loudmouth, making enemies of America's allies. He is trying to muscle out Vladimir Putin and his Nord Stream 2 pipeline so that US oil and gas companies can benefit.
Turkish bond yields are skyrocketing as the Turkish lira plummets. The question, though, is whether Turkey is an outlier or a sign of more to come.