on Monday raised expectations that the U.S. central bank is moving closer to a rate cut." given the rising risk to economic growth posed by global trade tensions as well as weak U.S. inflation.In corporate news,.
on Monday raised expectations that the U.S. central bank is moving closer to a rate cut." given the rising risk to economic growth posed by global trade tensions as well as weak U.S. inflation.In corporate news,
if you got a Donald Trump tax break this year, it's gone already because of his self made propaganda trade wars.
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Dow futures slightly higher amid escalating trade war concernsMarket focus is largely attuned to global trade developments, after a senior Chinese diplomat ramped up the rhetoric against the U.S. amid a bitter trade war.
Source: CNBC - 🏆 12. / 72 Read more »
Boeing and two other Dow stocks are on the verge of the dreaded death crossA major May sell-off has set off bearish alarms on the Dow. Craig Johnson, chief market technician at Piper Jaffray, has assessed the damage, and says it doesn't look pretty. TradingNation Geez. Giime a break. These are the same people that mentioned the 'Golden Cross' in the S&P in late April. TradingNation $WMT needs to get stuffs from India. Instead all stuffs FROM China. Wow they already invested to China $500 millions last year. Neither way. Lost. TradingNation Time for plan ₿
Source: CNBC - 🏆 12. / 72 Read more »
Wall St. edges higher, boosted by healthcare; Alphabet, Amazon pressure NasdaqThe S&P 500 and Dow Jones industrials ticked higher on Monday, propped up by hea...
Source: Reuters - 🏆 2. / 97 Read more »
Autonomous taxis will become a $2 trillion market, UBS saysThe global autonomous taxi market could be worth over $2 trillion on an annual basis by 2030, according to estimates from UBS analysts.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Strong labor market boosts U.S. consumer confidenceConsumer confidence jumped in May as households grew more upbeat about the labor... ericswalwell is going to have to bring down the consumer confidence. Strong labor market boosts US consumer spending, and confidence.🇺🇸💋🌎😍💰
Source: Reuters - 🏆 2. / 97 Read more »
REITs Bet Big on the Mortgage MarketA once-sleepy corner of American housing finance is increasingly buying up mortgages, and it stands to grow further as the government’s role in the market shrinks.
Source: WSJ - 🏆 98. / 63 Read more »
Honeywell Brings Blockchain to Used Aircraft Parts MarketThe company is using blockchain to shake up the market for used aircraft components, making it easier to check the certification and origin of a part and speeding up transactions. All this blockchain stuff is hooey designed to sell application development. There are no inherent advantages to blockchain over traditional solutions. Given weaknesses like the 51% problem they all involve having to trust an entity. But a lot of people making money on it. I remember flying AA when the Flight Attendant announced we was flying in a brand new 777 looking out from my window seat there it was a brand new 777 with Song Aircraft engines & paint scheme attached to wing of 777 to say the least it was along flight once I pionted that out. Good example of the brilliance of blockchain technology, which should be contrasted with (not confused with) the silliness that is cryptocurrency. business technology finance law
Source: WSJ - 🏆 98. / 63 Read more »
Portugal becomes the first euro zone country to issue debt on China's marketKnown as 'Panda' bonds, that's yuan-denominated debt issued by a foreign sovereign issuer, the sale will take place Wednesday and Thursday.
Source: CNBC - 🏆 12. / 72 Read more »
Budget airlines the flavor of South Korean aviation market, Jeju travel boomsKim Bo-Min, a Starbucks barista, paid 140,000 won ($118) for a round-trip from h...
Source: Reuters - 🏆 2. / 97 Read more »
States seeking clarity in booming hemp oil marketCongress threw states a curveball when it legalized CBD. from the first time I tried it, I realized it was more effective than Vicodin for my nerve pain. Lack of preset bias in the situation negates any possibility of placebo effect. It works, I'll attest.
Source: politico - 🏆 381. / 59 Read more »
Mexico tariff threat pushes long-time market bull to reduce exposure to stocksFederated Investors' Phil Orlando takes down his exposure to stocks due to growing uncertainty surrounding trade. FuturesNow Charts are screaming trouble and these articles/excuses/tariffs are just to keep the panic down and keep retail investors in the game! Smart money are already leverage/ hedged in the other direction or already sitting in cash! Buy bitcoin FastMoney FuturesNow Buy Bitcoin FastMoney FuturesNow Dump incoming lol.
Source: CNBC - 🏆 12. / 72 Read more »