Post-Brexit Bromance Between Donald Trump and Boris Johnson Is Anything But Guaranteed
Will the post-Brexit U.K. choose the U.S. as its main ally? Prime Minister Boris Johnson appears to be making the case.
Brexit
5 Big Things to Expect From Stocks in 2020
2019 was a record-breaking year for stocks. Here are five emerging themes that could impact equity markets over the next 12 months.
BoJo’s Mojo Means More than Just Brexit Gets Resolved
Boris Johnson’s stunning election victory puts the United Kingdom on the path to Brexit. So, what does this mean for European markets?
Page 48 of the Tory Manifesto Will Lead the UK Into Tyranny
Page 48 of the conservative manifesto reveals a scary insight into life under a Tory government. Here’s how screwed Britain is under Boris.
U.S. Treasury Yields Freeze After British Parliament Forces Another Brexit Delay
U.S. government debt yields stabilized on Wednesday, as demand for equities waned over concerns of a dysfunctional Brexit process. Treasury Yields Little Changed The yield on the benchmark 10-year Treasury note reached a session low of 1.73% on Wednesday, according to CNBC data. It was last seen at 1.766%, where it was unchanged. The yield … Read more
Dow Rocked as Wall Street Digests Rising Risk of No-Deal Brexit
The Dow Jones attempted to drive higher on Tuesday amid an eerie period of trade war calm, only to falter in late afternoon trading. Assisting the stock market rally, Boeing, the Dow’s most heavily weighted stock, bounced 2% on positive 737 Max news, erasing a 4.6% drop from McDonald’s and offsetting a punishing capitulation from … Read more
U.S. Treasury Yields Spike to Monthly Highs Following Boris Johnson’s Brexit Victory
U.S. Treasury yields rose on Thursday, as government bond prices fell, following news that the United Kingdom and European Union have finalized a draft Brexit deal that will pave the way for Britain’s eventual withdrawal from the bloc. Yields Rise The price of U.S. government bonds declined on Thursday, pushing yields higher. The yield on … Read more
Dow Bounces as Brexit Deal & Syria Ceasefire Offset Ugly Data
The Dow Jones barely avoided flatlining again on Thursday after miserable economic data indicated a steady slide towards a pronounced slowdown. Bullish appetite remains intact on hopes of a breakthrough in the trade war, a possible Brexit deal, and a ceasefire in Syria, but concerns that a cyclical slowdown is inevitable continue to drag on … Read more
Pound Collapses as Brexit Deal Crumbles in Flames
Any hopes of securing a last-minute Brexit deal today went up in flames as the Northern Irish Democratic Union Party (DUP) said they couldn’t support Boris Johnson’s latest proposals “as it stands”. The British pound immediately fell 0.6% against the dollar. In a statement issued on Twitter, the DUP outlined: “We have been involved in … Read more
Brexit Deal by Morning?
The United Kingdom’s arduous exit from the European Union (EU) could be finalized as soon as Wednesday morning, The Wall Street Journal reported Tuesday. Brexit Deal Coming? Citing people familiar with the matter, WSJ reported that negotiators from the UK and EU are finalizing a draft Brexit bill that could pave the way for Britain’s … Read more