It was a fairly quiet day in geopolitical terms, with no Trump or Kim Jong-un rhetoric. The S&P 500 managed to stop the slide from last week, closing up slightly. The weakest sector was once again the banks, with the SPDR S&P Bank ETF down 6.28% for the year. While the S&P 500 is up […]
Wall St opens flat as North Korea, White House worries ebb. Read story N.Korea warns of ‘merciless strike’ ahead of US-S.Korea drills. Read story Moon warns North Korea against provocation during drills. Read story China’s Great Wall eyes Chrysler Fiat bid. Read story Speculators haven’t been this bullish on gold since October. Read story Eclipse […]
Dow faces biggest 2-week drop in nearly a year. Read story Dozens mowed down, at least 13 killed, in Barcelona terrorist attack. Read story Russell 2000 small caps turn negative for 2017. Read story Trump scraps infrastructure council plan. Read story US-S.Korea war games start Monday as Pyongyang warns of ‘catastrophe’. Read story From junk […]
Wall St lower on inflation, Trump policy worries. Read story Steve Bannon: ‘We’re at economic war with China’, there’s no North Korean solution. Read story North Korea propaganda posters show Korean missiles obliterating US capital buildings. Read story Trump did something good this week. Read story Growing list of money managers cutting their exposure to […]
Wall St opens higher; investors eye Fed minutes. Read story What’s at stake as NAFTA talks begin? Read story The world’s best (and worst) cities to live in. Read story Amazon shares fall after Trump says it hurts retailers. Read story Oil rises on huge draw down in stocks. Read story Kim Jong-un executing record […]
In our blog posted on July 26/17, we noted that a number of indicators were flashing warning signs that the market was getting overbought, and that a correction was coming soon. On August 7/17, we posted a blog highlighting how August is typically a month where we see a high, with a correction soon after. […]
Stocks poised to move higher as geopolitical issues put on back burner. Read story Top US General readies military plan for N.Korea, but pushes for diplomacy. Read story Merk CEO Fraser steps down from Trump’s Manufacturing council after Charlottesville. Read story China bans key North Korea imports. Read story US ‘ally’ Ukraine is likely source […]
Elon Musk spoke at the TED conference discussing his concerns with AI, plus his plans for Tesla, space, and how he wants to change the world. I’m not trying to be anyone’s savior. I just want to think about the future and not be sad
Trump warns N.Korea that the US military is ‘locked and loaded’. Read story North Korea warns it could ‘reduce the US mainland to ashes at any moment’. Read story The time is running out to avoid war with North Korea. Read story China warns the US: “We will prevent a North Korea regime change”, Read […]
Another day of rising tensions between the US and North Korea. According to NBC News, the Pentagon has prepared a specific plan for a pre-emptive strike on North Korea’s missile sites should President Trump order such an attack. Two senior military officials — and two senior retired officers — told NBC News that key to […]