Stocks tumbled on Friday after yet another escalation of the U.S.-China trade war. Sure, it was a low volume August trading session, but like an early win during preseason, it still counts, and it erased what was shaping up to be a winning week.
Read MoreA day after Fed Chair Jerome Powell said that trade policy tensions had been reduced to a simmer, President Trump ratcheted up the heat to what cooks might call a “slow boil.” Last Thursday, Trump tweeted that as of September 1, the U.S. would impose a 10 percent tariff on the remaining $300 billion worth of Chinese goods imported into the U.S.
Read MoreAmid renewed Presidential criticism and evidence of a slowing economy, Fed officials will convene a two-day policy meeting this week and the pressure is on. As always, central bankers have to balance maintaining a strong enough economy to foster job growth, but it can’t run too hot, which might trigger inflation. Right now, there’s a battle brewing inside the collective Fed’s Head between action and inaction.
Read MoreThe U.S.-China trade talks fizzled out last week, prompting President Trump to make good on his threat to raise the tariff rate from 10 to 25 percent on $200 billion worth of imported Chinese goods. Here are eight questions about where the conflict stands now.
Read MoreWith just one trading session left in the year, it’s time to take a deep breath, look back and learn eight important lessons from 2018.
Read MoreWelcome to the third government shutdown of 2018! Did you forget about the first two? In January, there was a three-day closure, and then in February, there was the one-day sequel. In both of those instances, investors shrugged off the news and stocks actually edged up during those days-long shutdowns.
Read MoreThe news cycle can teach us important economic and personal finance lessons. Here are my picks for 2018. Happy New Year!
Read MoreIt was an exhausting week for investors, even though there were only four trading sessions. Monday’s U.S.-China 90-day trade “time out” stock bounce was dwarfed by big sell-offs throughout the rest of the week. The drubbing began after the President’s tweet that he is a “tariff man,” shortly followed by another, which questioned whether a “real deal” with Beijing is actually possible.
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