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Tag: Economy


Finance Tech, Trading

Good riddance to August but September could be just as bumpy for stocks, history shows

September 3, 2019

Via: USA TODAY

If you’re still catching your breath from the stock market’s characteristically wild swings in August, buckle up: September could be even bumpier. Over the past 50 years, September has been the worst month for stocks, posting an average decline of […]


News

US economy grew at a moderate 2% annual rate last quarter

August 29, 2019

Via: ABC News

The U.S. economy grew more slowly in the spring, and many economists think the slowdown will continue and perhaps complicate President Donald Trump’s hopes that a surging economy enhance his 2020 re-election hopes. The gross domestic product, the broadest gauge […]


Finance Tech, Liquidity

More Than a Third of Economists Expect a U.S. Recession in 2021, a Survey Finds

August 19, 2019

Via: Time

WASHINGTON (AP) — A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021. Thirty-four percent of economists […]


News

The global trade war has morphed into a currency war. Here’s why that’s a scary proposition for markets.

August 7, 2019

Via: Business Insider

President Donald Trump’s trade war has increasingly revolved around the role of global currencies. It’s a shift he’s ushered along by crying foul on alleged currency manipulation. And there have even been reports that he’s considered doing it with the […]


News

Stocks making the biggest moves premarket: Allergan, Dean Foods, Energizer, Shake Shack & more

August 6, 2019

Via: CNBC

Allergan – Allergan beat estimates by 3 cents a share, with adjusted quarterly profit of $4.38 per share. The drugmaker’s revenue beat forecasts as well, driven by strong sales of products like Botox and Juvéderm. Allergan also raised its full-year […]


Industries, Others

China’s exit from US agriculture is a devastating blow to an already struggling sector

August 6, 2019

Via: CNBC

Agriculture has been a weapon of choice in the escalating trade war between the world’s two largest economies. With China officially pulling out of buying U.S. agricultural products, American farmers are losing one of their biggest customers. It could be […]


News

Europe stocks hammered by U.S.-China trade tensions

August 5, 2019

Via: Market Watch

Asian stocks were hit hard as the dollar USDCNY, +1.4106% rose about the key 7 level vs. the Chinese yuan, and as protests continued in Hong Kong. “Today’s decision by China’s central bank to allow the yuan to breach the […]


Finance Tech, Liquidity

Metals Stocks: Gold, already at multiyear highs, tacks on another 1% as trade worries deepen

August 5, 2019

Via: Market Watch

Gold’s haven appeal boosted the metal Monday as an escalating U.S.-China trade fight sparked a selloff in assets perceived as risky. Gold on Friday notched its highest finish in more than six years, a day after President Donald Trump intensified […]


Industries, Manufacturing

Gauge of US manufacturing hits lowest since September 2009, raising concerns about the economy

August 1, 2019

Via: CNBC

The IHS Markit Manufacturing Purchasing Managers’ Index fell to 50.4 in July, down from 50.6 in June, driven by a weaker demand. The firm also noted managers’ signaled slower hiring. A gauge of employment within the report fell to the […]


News

Trump Says ‘A Small Rate Cut Is Not Enough’ Ahead of Fed Meeting

July 29, 2019

Via: Fortune

President Donald Trump renewed his attack on the Federal Reserve ahead of its meeting this week, complaining it “probably will do very little” to counteract actions by Europe and China to ease monetary policy and declaring “a small rate cut […]