Dow Claws Higher as Stock Market Bears Wave the White Flag
Short-sellers are finally capitulating as hedge funds start adding more and more exposure to equities. A positive sign for stocks?
Bloomberg
The Stock Market Faces Its Defining Moment – Time to Plunge or Take-Off
Wall Street is deeply divided over the stock market’s next big move. Will this ‘disbelief rally’ crash back down? Or is this actually the start of a new multi-year bull market?
Why Trump Launched 2 New Fronts in an Unnerving Assault on the Media
Donald Trump delivered two crushing blows to the media this week as he fights to gain control of his narrative.
Michael Bloomberg’s 2020 Run Delivers a Gift to His Democratic Rivals
Michael Bloomberg’s 2020 presidential run has delivered a massive gift to the rest of the Democratic field – but not Donald Trump.
Bloomberg’s Presidential Bid Could Mean Selling Namesake Media Giant to Microsoft
If Bloomberg officially becomes a candidate, selling his namesake company may be his best option. Microsoft makes for a great suitor when you consider the firm’s track-record. Bloomberg is unlikely to sell until he has proven that he is a viable choice for the Democrats. Last week Michael Bloomberg started takings tips toward becoming a … Read more
Dow Ignites Meteoric Rally as Market Basks in Trump Trade Deal Rumor
The Dow Jones exploded higher on Friday as news broke that the Trump administration and China had struck a partial trade agreement, setting the stage for a potential tariff truce. The stock market went berserk, with rising hopes of a Brexit deal and an impressive Michigan Consumer Sentiment data release adding to Wall Street’s euphoria. … Read more
Dow Erupts Higher After Bloomberg Ignites Rampant Trade War Optimism
The Dow sped toward a triple-digit recovery on Wednesday after Beijing brightened the outlook for US-China trade negotiations following a deluge of bearish developments at the start of the week. Meanwhile, Federal Reserve interest rate policy questions continue to weigh heavily over the market, and investors will look to both public comments from Fed Chair … Read more
Dow Suddenly Plummets After Bloomberg Exposes China Bombshell
The Dow suddenly plunged during late-morning trading on Friday after Bloomberg published a report exposing that the Trump administration is debating a new policy that would ramp up pressure on the Chinese economy as the two countries prepare to return to the negotiating table. The policy, if enacted, would limit American investors’ access to the … Read more
Stocks Recoil After White House Denies Trump Trade Bombshell
Stocks crashed from their session highs on Thursday after a senior White House official flatly denied that the Trump administration plans to offer an interim trade deal to China. The move lower left major US stock indices little changed heading into midday. The Dow Jones Industrial Average, which spiked as much as 150 points, last … Read more
Hillary Clinton and Bloomberg Lay Down in 2020, Dems Feeling AOC and Bern
In quick succession on Monday and Tuesday, two high-profile Democrats moved into the definite ‘no’ column for a 2020 presidential bid. That’s 2016 Democratic nominee Hillary Clinton, and billionaire mayor Michael Bloomberg, who both announced they won’t be running. Hillary Clinton Says She Won’t Shut Up Hillary Clinton said Monday: “I’m not running, but I’m … Read more