News — Trump

The Dow has lost 2,245 points, or 8.4%, in 21 days (Morgan Stanley says it's just the beginning)

Posted by Retirement Insider on

Morgan Stanley has a pessimistic view, seeing yet more declines ahead. 

Read more →

Trump Says Fed ‘Has Gone Crazy’ Following Stock Market Bloodbath

Posted by Dirk Watters on

“I really disagree with what the FED is doing,” Trump said.

 

Read more →

Trump's Stunning Comments Suggest A Federal Reserve "Suicide Mission"

Posted by Dirk Watters on

In a CNBC interview last week Trump said, "I'm not thrilled" with the Fed's rate hikes.

"Because we go up, and every time you go up they want to raise rates again. I don"t really I'm not happy about it. ..."

Fed chair Jerome Powell is preparing for Trump onslaught

The Federal Reserve Chief Jerome Powell and his policymaking committee have raised rates twice in 2018 and forecast two more bumps this year and three in 2019.

Read more →

This Is The Top Risk To The World In 2018 According To Experts

Posted by Dirk Watters on

President Trump slammed China over reported North Korea oil sales and a pentagon insider issued an ominous warning of a coming "kill-switch" for the US Dollar. Caught RED HANDED - very disappointed that China is allowing oil to go into North Korea. There will never be a friendly solution to the North Korea problem if this continues to happen!— Donald J. Trump (@realDonaldTrump) December 28, 2017 President Trump slammed China over the country's illegal oil sales to North Korea, saying they've been caught "RED HANDED" and warning such incidents could diminish the odds of a "friendly solution". U.S. spy satellites...

Read more →

Will Obama Nominated Federal Reserve Appointee Be Similar To Janet Yellen?

Posted by Dirk Watters on

Economists think the former Obama appointed governor of the Federal Reserve Jerome Powell will have a similar monetary policy to Democrat Janet Yellen. In fact, they are banking on it. That is not an unreasonable view. Mr. Powell isn't even an economist with strongly held views and he's never deviated publicly from Ms. Yellen on interest rate and economic issues. For many publicly vocal economists, that points to continuity. A new paper says taking on the mantle of Federal Reserve can have unexpected effects on individuals. Political imperatives and institutional factors often overrun policy makers' long-held views, says Alexander Salter...

Read more →