(Bloomberg) — 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 want to talk about.Days like Friday are creating stress in the trenches. A decade ago, Max Gokhman
— Read on ca.finance.yahoo.com/news/baffled-wall-street-trump-markets-002750939.html
Canopy stock to get boost from Canada’s ‘2.0 market’ in pot: Analyst
“The Canadian space is about to gain a fair amount of pricing power, in our view, as the 2.0 market opens up late this year,” the analyst says.
— Read on www.cnbc.com/2019/08/26/canopy-rises-after-analyst-says-is-will-get-boost-from-canadas-2point0-market.html
Trump says China badly wants a deal; U.S. open to calm negotiation – BNN Bloomberg
Trump says China badly wants a deal; U.S. open to calm negotiation – BNN Bloomberg
— Read on www.bnnbloomberg.ca/trump-says-china-badly-wants-a-deal-u-s-open-to-calm-negotiation-1.1306800
Trump-Abe trade deal helps U.S. farmers, staves off auto tariffs – BNN Bloomberg
Trump-Abe trade deal helps U.S. farmers, staves off auto tariffs – BNN Bloomberg
— Read on www.bnnbloomberg.ca/trump-abe-trade-deal-helps-u-s-farmers-staves-off-auto-tariffs-1.1306836
This Weeks Currencies
This Weeks Indexes
Gold Rally Just Got What Traders Said It Needed: a New Catalyst
(Bloomberg) — Just when it looked like gold’s rally was starting to founder, the Federal Reserve and an escalation in the U.S.-China trade fracas have given the metal new life.Gold, which had been headed for a weekly loss Friday morning, closed at a fresh six-year high after the U.S.-China trade fight
— Read on ca.finance.yahoo.com/news/gold-erases-loss-copper-drops-124055285.html
Dow plunges after Trump orders manufacturers to leave China
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.
— Read on www.cnbc.com/2019/08/23/us-stocks-wall-street-monitors-speech-from-fed-chair-jerome-powell.html
‘There’s more room to fall’ in this market, Wharton’s Jeremy Siegel warns
“I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it’s going to be worrisome,” Jeremy Siegel says.
— Read on www.cnbc.com/2019/08/23/theres-more-room-to-fall-in-this-market-whartons-jeremy-siegel-warns.html
IMF chief economist Gita Gopinath: It’s harder to find bright spots in global economy
“As the year is progressing, it’s getting harder to find those bright spots,” Gita Gopinath tells CNBC.
— Read on www.cnbc.com/2019/08/23/imf-chief-economist-gita-gopinath-its-harder-to-find-bright-spots-in-global-economy.html