Senate Blocks Trump’s Arms Deal With Saudi Arabia, Forcing Likely Veto Posted by JT Crowe | Jun 20, 2019 | News Thursday’s votes are unprecedented as frustration over ties to Saudi Arabia grows on Capitol Hill. Read More
Cooperman Warns: Rally Could be the ‘Close-Out Move’ for Record Bull Market Posted by JT Crowe | Jun 20, 2019 | Markets The S&P 500 closed at 2,926 on Wednesday, just 19 points shy of its all-time record closing of 2,945 on April 30. Read More
Iran Shoots Down US Drone, Stoking Tensions and Sending Oil Surging Posted by JT Crowe | Jun 20, 2019 | News Analyst: “Geopolitics is helping oil bulls to make a spectacular comeback after a few days’ of directionless trading.” Read More
Fed Leaves Rates Unchanged, No Cuts Until 2020 Unless Economy Goes South Posted by JT Crowe | Jun 19, 2019 | News The Fed characterized the labor market as “strong” with “solid” job growth despite May’s bad numbers. Read More
Dirty Pool: China Raises Tariffs on US While Lowering Them for American Rivals Posted by JT Crowe | Jun 19, 2019 | News Presidents Trump and Xi of China are scheduled to meet during the G-20 summit in Osaka, Japan. Read More