US STOCKS-Wall Street bogged down by weak manufacturing data, trade worries

“Sentiment was already poor to start the day and then the weaker-than-expected manufacturing data just added fuel to the fire,” said Dave Mazza, managing director and head of product at asset management firm Direxion in New York. “We now have confirmation that the escalation in the trade war has spilled over to U.S. manufacturing justContinue reading “US STOCKS-Wall Street bogged down by weak manufacturing data, trade worries”

Trumps Trade War With China Has Sucked; Trumps Twitter Fury Unleashed

What started as a slightly green early morning for futures ended in a disastrous week for United States financial markets. Currently the S&P 500 has experienced a fall of over -178 points or a -5.68% drop in a month with the weekly fairing a loss of -2.5% it’s clear the market is uneasy. Now letsContinue reading “Trumps Trade War With China Has Sucked; Trumps Twitter Fury Unleashed”

Dow Jones Futures: Stock Market Rally Hits Resistance, Apple Flashes Bullish Signal; Splunk, Synopsys, Keysight Are Earnings Movers Late

Dow Jones futures: Wednesday’s stock market rally hit resistance at the 50-day, Apple showed relative strength. Splunk, Synopsys, Keysight reported late. source https://finance.yahoo.com/m/e7b8fa2b-cc67-39f9-a163-a3db19c8caa2/dow-jones-futures%3A-stock.html?.tsrc=rss

Warren Buffett and Charlie Munger Talk Projections

The year is 1995, A question is poised about the opinions of projections on future cash flow. The following is a response from Mr. Munger and Mr. Buffett. Charlie Munger To the extent that the method of estimating future cash flow requires projections? I would say that projections while they’re logically required by the circumstancesContinue reading “Warren Buffett and Charlie Munger Talk Projections”

US STOCKS-Wall Street rises as Target, Lowe’s results point to consumer confidence

U.S. stocks moved solidly higher following better-than-expected results from retailers Target Corp and Lowe’s Cos Inc. Target shares surged 20.4% after the big-box retailer raised its annual earnings forecast. Lowe’s shares climbed 10.4% after the home-improvement chain beat profit estimates. source https://finance.yahoo.com/news/us-stocks-wall-street-rises-202648676.html?.tsrc=rss

Apple CEO warns Trump about China tariffs, Samsung competition

Trump said Cook “made a good case” that tariffs could hurt Apple, given that Samsung’s products would not be subject to those same tariffs. Tariffs on an additional $300 billion worth of Chinese goods, including consumer electronics, are scheduled to go into effect in two stages on Sept. 1 and Dec. 15. source https://in.finance.yahoo.com/news/apple-ceo-warns-trump-china-031158255.html?.tsrc=rss

Indonesia Makes a Big Fiscal Bet

(Bloomberg Opinion) — Don’t you wish you had a dollar for every beleaguered official who cried “fiscal policy must do more”? Indonesia’s President Joko Widodo actually seems to mean it.Fresh from re-election, Jokowi, as he’s known, is aiming to cushion Southeast Asia’s largest economy from a slowdown and make much-needed investments in infrastructure like roads, portsContinue reading “Indonesia Makes a Big Fiscal Bet”

Apple CEO warns Trump about China tariffs, Samsung competition $AAPL

U.S. President Donald Trump said on Sunday that he has spoken with Apple Inc’s Chief Executive Tim Cook about the impact of U.S. tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics Co Ltd. Trump said Cook “made a good case” that tariffs could hurt Apple given that Samsung’s productsContinue reading “Apple CEO warns Trump about China tariffs, Samsung competition $AAPL”

Markets Plunge Even Deeper; Yellen Speaks on Yield Curve; DOW Drops 800; 10 Year Bond Yield Inverts 2 Year Yield.

“I would really urge that on this occasion it may be a less good signal,” – Janet Yellen US and Global markets fall even deeper with an hour left in the trading day. The United States 10 year treasury bond yield has officially inverted the 2 year, this indicator has occurred before many market recessionsContinue reading “Markets Plunge Even Deeper; Yellen Speaks on Yield Curve; DOW Drops 800; 10 Year Bond Yield Inverts 2 Year Yield.”

Trump Delays Tariffs; United States Financial Markets Rally Hard; Global Markets Join On Rally

Today we’ve seen global financial markets rally amidst a rough start to the week. President Trump announced he would hold off on implementation of tariffs on China, the market responded by a collapse in the VIX and a rise in equities across the board. The USTR’s stated that “certain products are being removed from theContinue reading “Trump Delays Tariffs; United States Financial Markets Rally Hard; Global Markets Join On Rally”