The Federated Investors chief equity market strategist cites President Donald Trump's new threat to"In light of this growing uncertainty and expanded downside risk, we opted to pull in our horns a bit this morning, and we lowered our 8% equity overweight in our PRISM asset allocation moderate growth portfolio to 5%," Orlando wrote in Friday's commentary. "We added the 3% into our cash overweight.
Despite making the defensive move, Orlando contends U.S. economic fundamentals remain solid, and they should ultimately support stocks. It's a sentiment he echoed during Thursday's interview on the ongoing U.S.-China trade war on CNBC's ""When it does get resolved, I think the market is going to move on a dime," said Orlando.could fall as low as 2,650, a 4% decline from current levels due to the uncertainty.
According to Orlando, investors should brace for market swings through at least this month. He believes the stocks won't regain their footing unless the trade tensions get resolved.Barring a failed trade negotiations on both fronts, Orlando still thinks the S&P 500 will reach his year-end target of 3,100, a 13% jump from Friday's close.
Source: News Formal (newsformal.com)
FastMoney FuturesNow Dump incoming lol.
FastMoney FuturesNow Buy Bitcoin
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
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Group that raised millions to build border wall begins construction in New Mexico'Buckle up, we're just getting started! If we can get this much done in three days, imagine what's about to be accomplished,' the group posted on its Facebook page. Conservatives are the stupidest capitalists of all time, they honestly think a wall will stop black markets from interacting between US/Mex border? I guess they have no faith in free market ingenuity or no understanding of demand. Good luck with that Raise your hand if you think this will be done as cheaply and ineffectively as possible...
Source: Newsweek - 🏆 468. / 52 Read more »
Mexico issues arrest warrant for ex-Pemex CEO in anti-graft push: mediaMexico issued an arrest warrant for a former chief of Mexican oil company Pemex,... Worked with Pemex 20 years ago and they were openly and blatantly corrupt then.
Source: Reuters - 🏆 2. / 97 Read more »
Supreme Court agrees to hear US-Mexico border shooting caseWASHINGTON (AP) — The Supreme Court said Tuesday it will decide whether families of Mexican teenagers who were shot to death by American border agents can sue for damages in U.S. courts. '...who were shot to death...' Do we know anything about ALL of these, yet? Thats sad. But, how many Americans have been killed by illegals? Can they sue Mexico? Or maybe sue the DNC for failure to protect an American citizens buy not providing enough rescources?
Source: YahooNews - 🏆 380. / 59 Read more »
Imperial Beach coastline closure expands after Mexico sewage flows northThe entire shoreline of San Diego's Imperial Beach is closed to swimmers after sewage-contaminated runoff flowed into California from Mexico's Tijuana River. Great to see. Californians love everything mexican. tashaboerner AsmShirleyWeber RandyVoepel MarieWaldron75 BMaienschein ToddGloria SD County has pressing issues. Use 10+ Mill. In taxes proposed for NOSB276 to fix sewage, homelessness and cost of special education! NO ON SB276 sandiegoassembly
Source: latimes - 🏆 11. / 82 Read more »
U.S. women's national team defeats Mexico in World Cup send-off matchThe United States beat Mexico 3-0 Sunday in a World Cup send-off match that for much of the afternoon showed the Americans' failings more than their facets. WoW, Congrats to the USA team 👏🏻👏🏻👏🏻👏🏻👏🏻🇺🇸❤️✅🙌🏻 Best Wishes to Mexico ❤️❤️🇲🇽 team as well but mexico beating us in immigration 200,000-0 Mexico sucks at everything.
Source: latimes - 🏆 11. / 82 Read more »
New Mexico mayor orders group building border wall on private land to stop construction“The city has not provided any permits, it has not approved of the construction that has gone up already. They built the structure without authority or any building permits from the city,' city spokesperson Peter Ibardo told The Texas Tribune. If realDonaldTrump was against building this wall, you know damn well that his haters would be fighting to put one up She wants them to stop because they're making the government look foolish spending way less than what it would take the government & it's tons of red tape. Sunland, NM.. Cartels owned and operated. Mayor needs donations? BUILD THE WALL and sue the city!!! Mayor plan on removing your front door
Source: Newsweek - 🏆 468. / 52 Read more »
In bold anti-graft push, Mexico sets sights on ex-president's confidantMexican President Andres Manuel Lopez Obrador made his boldest move yet to root ... Yes! This is what we need to do as well ImpeachTheMFTraitor
Source: Reuters - 🏆 2. / 97 Read more »
Private border wall construction halts after New Mexico town protestsA U.S. group building what it claims is the first private wall on the Mexican bo... You could have used an actual photo from there, not stock photo of repaired fencing... Neatly assembled large hair picks. Fun! Here is this idiots number at American Eagle Brick Company Leave a nice little message (915) 545-2221
Source: Reuters - 🏆 2. / 97 Read more »
21 killed in fiery Mexico road accident - officialsA semi-truck and a bus carrying passengers back from a pilgrimage to a Catholic shrine crashed and burst into flames in eastern Mexico.
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Mexico president's Pemex sting threatens to engulf former governmentThe impact of a first major anti-corruption drive by Mexican President Andrés Manuel López Obrador spread deep into the political class on Wednesday as the probe threatened to involve top officials in the last government, including the president.
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Private border wall construction halts after New Mexico town protestsSunland Park, New Mexico, on Tuesday ordered We Build the Wall to stop erecting the steel barrier on private land in an area that the group calls 'ground zero for illegal drugs, migrants and human sex slaves coming across.' Sunland Park is located in the southeast corner of New Mexico, on the That group has it wrong. The wall we voted for in 2016 was going to be funded by Mexico not American tax payers. Not the townsfolk, the elites in charge. Our would-be rulers are completely opposed to border security, and would prefer we be invaded by 100,000+ illegal aliens each month. It wasn't the town who protested. It was the mayor. The people living there didn't protest. Irresponsible journalism.
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