Date: August 26, 2019 United States: For Baffled Wall Street, Trump Markets Are ‘Weirder’ Than the 2008 Crisis “Donald Trump’s trying to win a trade war, so don’t talk to him about 600 points in the Dow Jones Industrial Average. But for traders coping with the price impact of his tirades, it’s all they
Date: August 23, 2019 United States: Stock Hedges a Steal as VIX Flashes Calm Ahead of Fed Speeches “The Cboe Volatility Index, or VIX, has fallen back quickly after spiking earlier this month -- a little too quickly, according to some. And that may spell opportunity. As the Jackson Hole summit looms, Wall Street banks
August 22, 2019 United States: U.S. Jobless Claims Hit Four-Week Low, Underscoring Strength “ Filings for U.S. unemployment benefits dropped to a four-week low, offering the latest sign of labor-market strength. Jobless claims decreased by 12,000 to 209,000 in the week ended Aug. 17, according to Labor Department figures released Thursday that fell below all
Date: August 21, 2019 United States: Trump Dismisses Recession Risk But Floats Ideas for Stimulus “President Donald Trump has consistently rejected a growing number of forecasts that his trade war with China and slowing global growth are pitching the U.S. economy toward recession. But he’s also spending a lot of time outlining policies to stave
Date: August 19, 2019 United States: Powell Likely to Use Jackson Hole to Suggest Fed Ready to Cut “Federal Reserve Chairman Jerome Powell will have no lack of material to choose from when he kicks off the central bank’s annual Jackson Hole symposium Friday with a speech on the challenges for monetary policy. A deglobalization
Date: August 15, 2019 United States: Trump’s Re-Election Now at the Mercy of a Slowing Economy “The growing odds of a recession before the 2020 election threaten to crush President Donald Trump’s hopes of a second term. Though still uncertain, such a scenario would be a political gift to Democrats, who have avoided talking about
Date: August 14, 2019 United States: Trump’s New Farm Tariffs No Match for China’s Retaliatory Duties “President Donald Trump’s new tariffs on Chinese agricultural products are likely to hurt the Asian nation a lot less than the retaliatory duties Beijing already imposes on the U.S. The White House, while delaying tariffs on big-ticket consumer products
Date: August 12, 2019 United States: The Dollar Looks Like a Wrecking Ball to Some Investors “Donald Trump gets the headlines, but he’s not the only one worried that the dollar’s remarkable ascent is causing economic harm. Some even worry it could trigger a recession. It’s hard to characterize the rise as anything but historic.
Date: August 9, 2019 United States: Trump Still Has Plenty of Ways to Escalate His China Trade War “The trade war’s August escalation has spooked markets -- and central banks -- around the world. The bad news, though, is that while President Donald Trump has fired two large weapons in the past week by green-lighting
Date: August 8, 2019 United States: U.S. Rushes to Ready New China Tariffs as Companies Fear Damage “The Trump administration is rushing to finalize a list of $300 billion in Chinese imports it plans to hit with tariffs in a few weeks’ time, as U.S. companies make a last-ditch appeal to be spared from the
