Trump Triggered the Latest Bitcoin Price Spike

Binance Research made the specious claim that the that latest bitcoin price spike was caused by President Donald Trump’s tariff rhetoric. | Source: NICHOLAS KAMM / AFP (i), Shutterstock (ii). Image Edited by CCN. Binance Research, the research arm of the world’s largest crypto exchange, claims that President Donald Trump caused the latest bitcoin price …

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 …