FTSE 100 Tanks as Trump Points Multi-Billion Tariff Gun at Europe

The FTSE 100 plunged at the opening bell in London today, putting the UK stock market on track for its fourth-straight day of losses. It comes as Donald Trump brings his tariff war to European shores. The Trump administration announced tariffs on $7.5 billion ($6.1 billion) worth of European goods including aircraft, French wine, Scotch […]

Continue Reading

Dow Futures Slide as Trump’s ‘Watergate’ Moment Looms Large

Dow Jones Industrial Average (DJIA) futures ticked lower in early trading Wednesday, pointing to a weak stock market open as the threat of Donald Trump’s impeachment ramps up. Speaker of the House of Representatives Nancy Pelosi launched an official impeachment enquiry on Tuesday, prompting those involved in Nixon’s Watergate investigation to draw eerie parallels to […]

Continue Reading

3 Oil Stocks Strike as Biggest Pre-Market Gainers as Trump Drills Pipeline Approvals

Upstream oil stocks are pumping hard.| Source: Snapinadil/Shutterstock The warning by President Donald Trump that the U.S. is “locked and loaded” ready to attack Iran over suspicion that it was behind the drone attacks on refineries in Saudi Arabia not only sent crude oil prices surging but also saw upstream stocks climbing. In a tweet, […]

Continue Reading

Trump’s Call to “Bonehead” Fed to Cut Rates Is Tantamount to Shilling Bitcoin and Gold

Donald Trump is playing a dangerous game by urging the Federal Reserve to ease monetary policy even further. | Source: REUTERS / Carlos Barria In a desperate attempt to salvage the failing U.S. economy, President Donald Trump has urged the Federal Reserve to slash interest rates once again; something which could help see the price […]

Continue Reading

Dow Clings to 250-Point Rally as Trump Flexes at G7 Summit – CCN Markets

By CCN Markets: The Dow Jones clung to gains of more than 250 points on Monday after President Donald Trump held a joint press conference with French President Emanuel Macron at the G7 in France. While the stock market edged back toward its session highs, Trump appeared unable to offer anything fresh for bulls to […]

Continue Reading

Trump Signature Hikes National Debt by $1.7 Trillion

Need another reason to buy bitcoin? Trump just signed a budget agreement that will raise the US national debt by $1.7 trillion. | Source: REUTERS / Kevin Lamarque (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Donald Trump might not like bitcoin, but he’s doing an excellent job creating the economic conditions in […]

Continue Reading

Dow Feasts on Apple Rally, But Tariff Delay Won’t Fix Trump’s Trade War

The Dow enjoyed a delicious rally as major compontent Apple soared, but the tariff delay won’t solve Trump’s trade war dilemma. | Source: AP/Richard Drew By CCN Markets: The Dow and broader U.S. stock market shot higher on Tuesday, bucking a dismal start to the trading day after the Trump administration announced it would delay […]

Continue Reading

Donald Trump Bashes Crypto, Says He’s No Fan of Bitcoin

President Donald Trump just tweeted about bitcoin, Libra, and cryptocurrency for the first time ever. It’s the most high-profile mention cryptocurrency has ever received. He’s not a fan: I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto […]

Continue Reading

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 […]

Continue Reading