Dow’s Record Rally Speeds to the Brink After Trump Shocks Markets

The Dow and broader U.S. stock market drifted lower Tuesday after President Trump warned that the trade war with China still has “a long way to go” before reaching its desired conclusion. Dow Under Pressure; S&P 500 Halts Five-Day Win Streak All three of Wall Street’s major benchmarks were under pressure during afternoon trade, mirroring …

The Best Crypto Industry Reaction to Trump’s Bitcoin-Bashing Tweet

Donald Trump weighed in on bitcoin and cryptocurrencies, predictably on Twitter, last week. It wasn’t very positive, to say the least. Trump said he’s “not a fan” of bitcoin and cryptocurrencies. Then he listed the typical objections people like Paul Krugman and Nouriel Roubini have made. Trump also took a shot at Libra, Facebook’s disruptive …

Bullish S&P 500 Index Signals Likely Trump 2020 Victory

Up almost 50 percent since his election and recently hitting fresh all-time highs, the S&P 500 index could be signaling expectations Trump may be reelected. Stock Market Suggests Investor Confidence The economy under Trump has shown few signs of slowing down. The economy gained 224,000 jobs in June, according to a monthly employment report released …

Donald Trump Says Big Tech Is Not Treating Him Right But He’ll Still Win

President Trump and Big Tech have had a contentious relationship, and it isn’t getting any better in time for the 2020 election. In an interview with Tucker Carlson on Fox News, Trump called out tech leaders including Google, Facebook, Twitter, and Amazon, saying that these companies are “fighting me hard right now.” He is quick …

Dow Futures Collapses as Wall Street Screams Recession Alarms

By CCN: Dow Jones futures tumbled in early trading Monday as Wall Street firms triggered multiple recession warnings. The Dow is poised to open in the red as traders initiating a triple-digit selloff overnight. Risk-off mode is firmly engaged. JP Morgan Chase and Co. said the likelihood of recession in 2019 is now at 40 …

5 U.S. Stocks That Offer Shelter From Trump’s Trade War Dumpster Fire

By CCN: President Donald Trump’s trade war aggression on both the European Union and Chinese fronts has already dealt a major blow to many American industries. Worst hit are the automobile and agriculture sectors, the collateral damage of Trump’s trade wars. They’ve lost billions of dollars worth of business to retaliatory Chinese tariffs. Equities Markets …

Ilhan Omar Boasts She’s Trump’s ‘Nemesis’ in Cringeworthy Rant

By CCN: First-year congresswoman Ilhan Omar boasts that she’s already President Trump’s number-one “nemesis.” Why? Because she’s a black woman who has no qualms about flouting our nation’s immigration laws. Writing on Twitter, she said: “This is a president who has come to power vilifying and demonizing immigrants and refugees. He proudly said we should …

Dow Tanks After Trump’s Ballistic Twitter Rant Shellshocks Wall Street

By CCN: The Dow’s weeklong catastrophe shows no signs of letting up, as the US stock market endured another shellacking at the hands of Donald Trump and his tariff regime on Friday. Meanwhile, former FBI Director James Comey revealed that he believes federal prosecutors will indict Trump following his presidency. Dow Extends Vicious Weeklong Decline …

Trump Smells Blood & Flashes China a $500 Billion Middle Finger

By CCN: The U.S.-China trade war suddenly escalated this week, with President Donald Trump declaring that the trade surplus the world’s second-largest economy enjoys with his country will be no more. Trump to China: You’re Done Screwing Us Over The United States has been losing, for many years, 600 to 800 Billion Dollars a year …