Aug 9, 2019
Opinion: Trump’s mismanagement of the economy is monumentalDonald Trump promised to get the trade deficit down, but his profound lack of understanding of economics has led to it increasing, just as most economists predicted it would.Read in MarketWatch:...
Aug 9, 2019
Why Is There Such an Insatiable Appetite to Invest in Unprofitable Companies?Revenue is vanity; profit is sanity. It’s fundamental, the raison d’être, the very purpose of running a business: profit. But you don’t need to look very far to see companies securing...
Aug 8, 2019
China has a $1 trillion trade war weapon. Will it ever use it?CNN BusinessChina has a hugely powerful weapon it could use in the trade war — it is America’s biggest creditor. But there are very good reasons why it’s highly unlikely to dump US Treasuries to...
Aug 6, 2019
Trump shrugs off trade war concerns while China warns of market chaosU.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China, as Beijing warned that Washington’s decision to label it a currency manipulator would lead to...
Aug 6, 2019
4 former Fed chiefs issue stark warning: U.S. central bank must be independentCNN BusinessFour former chairs of the Federal Reserve, Paul Volcker, Alan Greenspan, Ben Bernanke and Janet Yellen, have warned that an erosion of the central bank’s independence will...
Aug 6, 2019
Opinion: Stock investors should enjoy the party but know when to leaveMarketWatchThere may not be a series of interest-rate cuts to further juice the stock market. Read the full storyShared from Apple News