The Fed’s been ‘a convenient whipping boy’ on Wall Street, Dudley says
“It was a convenient whipping boy; the Fed’s seeming inflexibility in the space of all these market developments for a while was a convenient whipping boy. The markets occasionally go down for a whole host of reasons.” – William Dudley Read More @ https://www.marketwatch.com/news/story.asp?guid=%7BABFF103E-3BD0-11E9-8499-434730CA90CC%7D&siteid=rss&rss=1
WHAT WE WILL BUY AND WHAT WILL WE SELL THIS MONTH….
- SELL – SP500, Oil, CAD and USD.
- BUY – CHF, EURO, NZD and VIX.
Collapse of Trump-Kim summit adds ‘element of uncertainty’ to U.S.-China trade talks, this expert says
The failed summit between President Donald Trump and North Korean leader Kim Jong Un has “injected an element of uncertainty” to the outlook of a U.S.-China trade deal, said Derek Scissors, an economist at the American Enterprise Institute. Prior to the summit, Scissors said it seemed clear the U.S. and China trade talks were on track toward an agreement, and Trump was effusive in his praise of Chinese President Xi Jinping in the runup to the North Korea talks. Now, this calculus could be upset, especially if the president detects China played a role in his failed talks in Hanoi, Scissors said Thursday during a presentation at the National Association for Business Economics. Read More @ https://www.marketwatch.com/story/collapse-of-trump-kim-summit-adds-element-of-uncertainty-to-us-china-trade-talks-this-expert-says-2019-02-28?siteid=rss&rss=1
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