Market News and Commentary August 14

Omarosa Says She Will Provide Mueller With Tapes If He Needs As She Claims. Trump knew in advance that Wikileaks was publishing Hillary Clinton’s emails. FBI warns banks about potential ATM hacking scheme. Turkey’s crushing annual inflation rate is running at an estimated 101%. Bank sped up Manafort loan approval as CEO sought Trump cabinet job: witness. Manafort’s lawyer: Government did not meet burden of proof. Fed is no longer worried about every market hiccup, economist Lavorgna says.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 13

Turkey’s Currency Crisis Is Rattling Europe Bank Stocks And The Euro. Merkel and Putin to hold talks on new Baltic pipeline and Syria. Consumers turning more pessimistic about wages, stocks, home prices, taxes. Citigroup says global card chief Linville leaving in shakeup. Cash machines could be mass-hacked in global cyber attack, FBI warns.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 12

A Move In Crude Oil To $50 Could Come As Quickly As A Surge Above $100, Says Veteran Oil Investor. Seattle-Tacoma plane hijacker ‘had full airport credentials.’ Plane thief said he trained on games, didn’t plan to land. Top U.S. Gen. warns: Islamic State in Afghanistan ‘harboring intentions’ to attack west.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 11

ECB Fears Contagion From Turkish Lira Collapse, Bank Stocks Plunge. Italy should scrap balanced budget clause in constitution – Di Maio. Trump will fold if Mueller calls his bluff. Giuliani is the tell. Stolen plane crashes after unauthorized takeoff at Seattle airport: Officials. British mother jailed in Dubai with four-year-old daughter over wine and visa row. Man who stole doomed plane hoped there was life sentence for what he did.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 10

Lira Collapses As Erdogan Tells Turks: They Have ‘Their Dollars,’ We Have ‘Our God.’ European shares tumble as Turkish turmoil hits banks. Traders are expecting a big stock market move soon: ‘There are a lot of bets across the table.’ Half of Americans see market swings as opportunities to cash in.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 9

U.S. Mid-Term Elections: Women Break Records For Nominations. WikiLeaks: Senate wants Julian Assange to testify about Russia, and it just might happen. Dems out-performing in special elections by 8 percent. U.S. finalizes next China tariff list targeting $16 billion in imports. Russia slams “unacceptable” new U.S. sanctions. Italy’s economy minister sees higher deficit.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 8

Oil Prices Drop On China Import Data, Weighing On Equities. Iran’s foreign minister: U.S. will not stop Iran oil exports: newspaper. China to slap additional tariffs on $16 billion of U.S. goods. EIA: U.S. crude inventories decrease 1.4 million bbl. Over $9 billion wiped off bitcoin’s value after SEC postpones key decision on a cryptocurrency ETF. U.S. sanctions threat hurts Russian banks, rouble.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 7

Star Witness Gates Testifies He Committed Crimes With Manafort. National debt is about to roar back to life as a pressing issue. China has outspent the U.S. by $24 billion in 5G technology since 2015, study shows. Oil rises after OPEC sources say Saudi crude output fell. Michael Cohen under investigation for possible tax fraud. This report of Trump’s commerce secretary stealing $120 million makes perfect sense.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 6

Trump Signs Executive Order Issuing Sanctions On Iran Including Oil. U.S. is set to implement more sanctions on Iran, others to follow on Nov. 4. U.S. sees sanctions having significant impact on Iran economy – U.S. officials. U.S. wants as many countries as possible to stop buying Iranian oil. New wave of mega LNG projects is approaching. Oil gains after surprise drop in Saudi crude output. British pound at 11-month low versus dollar as Brexit fears flare up.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 5

Iran Guards Says It Held Gulf Drills As U.S. Tensions Rise. Trump changes rationale behind son’s controversial 2016 Trump Tower meeting, but calls it ‘totally legal.’ Sen. Rubio: Allowing Mueller to finish Is ‘best’ for all. Trump voicing concerns about son being entangled in Mueller probe.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 4

Saudi Arabia To Resume Oil Exports Through Red Sea Lane. U.S. warns Russia, China and others on enforcing North Korea sanctions Chinese tariffs on LNG. Oil aim at U.S. energy dominance agenda. Gold ends at more-than-1-year low as dollar shifts higher for the week. Trump’s reluctance to call out Russia for interference muddies U.S. response. Some Republicans worry Trump is muddling midterm strategy. Wells Fargo says mistake led to hundreds of foreclosures.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 3

Iran To Practice Blockading Strait Of Hormuz As Saudis Say Mandeb Strait Is No Longer Safe. Crude oil prices gain in volatile week. New jobs report indicates Trump’s ‘best economy in history’ isn’t all it’s cracked up to be. Trump administration adds to China trade pressure with higher tariff plan. Bond yields, stocks fall as trade fears spread to Europe. Gold ends at more-than-1-year low as dollar shifts higher for the week. Reality check: Trump’s reluctance to call out Russia for interference muddies U.S. response.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 2

Iran Readying Massive Military Exercise In Persian Gulf: Officials. Trump tells Sessions to end Russia probe ‘right now.’ Apple is within striking distance of $1,000,000,000,000. Trump set to hike tariff threat against China. Trump pushes for interview with Mueller against lawyers’ advice. Gold ends at more-than-1-year low as dollar shifts higher for the week.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 1

Trump Tells Jeff Sessions To Put An End To Russia Probe As He Claims Prosecutors Doing Robert Mueller’s ‘Dirty Work Are A Disgrace’ To America. Forget collusion. Conspiracy’s the watchword in Mueller’s filings. Apple is within striking distance of $1,000,000,000,000. Huawei tops Apple as No. 2 smart phone seller. Pence affirms ‘Russia meddled in our 2016 elections,’ lays out plans to prevent it from happening again. Huawei beats Apple in smart phone sales for the first time. China vows retaliation if Trump slaps 25 percent tariff on $200 billion of Chinese imports.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 31

Trump Says Collusion Is Not A Crime As First Russia Probe Trial Begins. Oil heads for worst month in 2 years as Trump pressures Saudi Arabia. Trump on shutdown threat: ‘I don’t care what the political ramifications are.’ Equities rebound on U.S.-Sino talks report, dollar jumps.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 30

Trump Says Ready To Meet Iran’s Rouhani. Trump repeatedly denied collusion. Now his lawyer Rudy Giuliani says: ‘Collusion is not a crime’ U.S. review of Keystone XL’s path sees no significant environmental effects. Giuliani asserts it was Trump’s ‘right’ to ask James Comey for a break. Cohen flipping would put Trump 1 witness away from catastrophe. U.S. crude rises 2.1%, settling at $70.13, boosted by signs of tight oil supply.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 29

Kudlow: 4.1 Percent Economic Growth Rate Will be ‘Sustainable.’ Mnuchin: Expect 3 percent growth for next 4 years. Mnuchin says Fed is ‘responsible’ in raising interest rates. Hyperloop test pod sets speed record. Trump: I would be willing to ‘shut down’ Government over border security. Zuckerberg destroyed Facebook’s brand. Global auto powers plotting response to Trump auto tariff threats. British Army on standby for Brexit emergency.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 28

Trump ‘Open’ To Moscow Visit After Putin Extends Invite. Facebook: Explaining the company’s massive share slump. The future of search-and-rescue robots might be centaur, not human. The trade war between the U.S. and China is escalating. Wells Fargo apologizes to customers for recent account problems.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 27

Sell Long-In-The-Tooth FAANGs, Boomers Retiring Will Wipe Out Most “High” Yielding Investment Funds. Cohen claims Trump knew in advance of 2016 Trump Tower meeting. Trump budget director says GDP jump was no ‘sugar high.’ Wells Fargo looks to sell its Eastdil Secured real-estate division: Wall Street Journal.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 25

Exclusive: White House Stops Announcing Calls With Foreign Leaders. Oil prices supported by API inventory, US-Iran tensions. Wal-Mart will chauffeur shoppers in self-driving Waymo cars. GM stock at lowest level since May after earnings, lowered profit outlook. China pulls approval for Facebook’s planned venture. Kasich: Trump using ‘farm welfare’ instead of ending tariffs. Trump planning huge tariffs on foreign cars despite opposition: report.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 24

Harley Shares Rally After Profit-Margin Forecast Cut On Tariff Hit. Trade war bailout: Trump administration plans to offer $12 billion in emergency aid for farmers hurt by tariffs. Rep. Moulton: Trump’s Twitter ‘temper tantrums’ a mistake with Iran. Eurozone private sector growth cools in July. Whirlpool plunges 14% as tariffs wreak havoc with costs and suppliers. David Rosenberg issues bubble warning in credit market: It will tear into stocks.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 23

Trump Warns Iran’s President Rouhani: ‘NEVER, EVER THREATEN THE UNITED STATES AGAIN.’ Putin begins his fourth term as Russia’s president. Ocean Rig announces new deals, says rig demand picking up. We are all living under constant surveillance. Rep. Himes: Trump ‘regards war as a way to solve political problems.’ Analysis: Most large U.S. newspapers have experienced layoffs in past 16 months. ‘The facts are clear’: NY AG says Trump’s waffling on Russia threatens America’s election systems. NY Times columnist Michelle Goldberg declares Trump a ‘con man’ ‘compromised’ by Putin. U.S. home sales sag as prices race to record high. Crude pulls back as focus returns to oversupply.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 22

Accused Russian Spy Maria Butina Took Meetings With Top U.S. Treasury Officials. China targets Apple with push into advanced smartphone screens. South Carolina GOP Congressman Mark Sanford warns of Trump’s ‘autocratic style.’ Gowdy: ‘Disconnect cannot continue’ between Trump and intelligence community. U.S. tariffs to cost Germans up to 20 billion euros this year: report.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 21

Mnuchin Says He ‘Wouldn’t Minimize’ Chance Of Tariffs On All Chinese Imports. U.S. drillers cut rigs by most since March this week: Baker Hughes. Trump signals consequences for Michael Cohen over secret recording. Trump says ‘inconceivable’ that Cohen recorded conversation about ex-Playmate payment. IMF warns G20 that tariffs hurting economy as Trump threatens more. Ecuador will imminently withdraw asylum for Julian Assange and hand him over to the UK.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 20

Seventeen Dead And Seven Injured After Duck-Boat Carrying 31 Capsizes – Including At Least Three Children. Cohen recording indicates Trump blatantly lied when he said he didn’t know about McDougal payment. Oil prices could top $120 before year-end. Trump threatens tariffs on all $500 billion of Chinese imports.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 19

Blackstone Posts 55 Percent Rise In Second Quarter Earnings Per Share… By Reducing The Number Of Outstanding Shares. White House struggles to contain political outcry over Trump-Putin summit. Trump says he accepts DNI Coats’ view that Russia meddling continues. Kudlow says President Trump is ‘so dissatisfied’ with China trade talks that he is keeping the pressure on. UK watchdog and EU tell banks to prepare for hard Brexit. Donald Trump says he’s ‘not happy’ about Federal Reserve interest-rate increases.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 18

EU Fines Google $5 Billion Over Android Antitrust Abuse. Defiant Trump says Russia not targeting U.S., calls critics deranged. Manufacturers are concerned about impact of tariffs: Fed. U.S. mutual fund investors ditch equities despite S&P 500 gains: ICI. Oil prices volatile as U.S. crude stockpiles rise unexpectedly and output climbs to a record. Housing starts tumble to 9-month low as market headwinds crush momentum.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 17

The Latest: Trump Says He Misspoke On Russia Meddling. Record-breaking fine expected this week could put Google’s business model at stake. Dollar strengthens after Fed chair remarks, global stocks higher. U.S. dealers expect foreign cars to cost more if auto tariffs enacted. Global gas flaring declined in 2017 after years of growth, data show. Trump bashes media coverage of Putin meeting, NATO Summit. The Fed’s making a mistake and it could cause a recession by next summer: Natixis economist.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 16

This Is The ‘Biggest Bubble In The History Of Mankind And It’s Going To Burst,’ Ron Paul Says. Trump resists Mueller interview, leaving decision on subpoena before fall elections. There are ‘tremendous storm clouds on the horizon’ for markets: Guggenheim’s executive chairman. Former ambassador: Putin likely viewed Trump’s phone call earlier this year as sign of ‘weakness.’ Morgan Stanley’s stock market analyst warns clients to stop yawning at his bearish call and get defensive.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 15

“I Think The European Union Is A Foe,” Trump Says Ahead Of Putin Meeting In Helsinki. Trump-Putin summit: U.S. leader has low expectations. My deal is the only Brexit deal – wreck it at your peril: THERESA MAY’s steely warning to Tory rebels AND those bully boys from Brussels. U.S. oil boom delivers surprise for traders – and it’s costly.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 14

U.S. And Allies Consider Possible Strategic Oil-Reserve Release. Mueller team pushing for information on Roger Stone, WikiLeaks, sources say. 2018: Democrats lead GOP by 12 million registered voters, 40% D, 29% R, 28% I. Trump expected to skip appearance at All-Star Nationals Game.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 13

12 Russians Accused Of Hacking Democrats In 2016 U.S. Election. Oil edges lower, set for big weekly decline. Trump says Iran will seek fresh deal as looming sanctions weigh on economy. Trump dishes up fresh dose of chaos aimed at May, Londoners. China’s trade surplus with U.S. hits record. Japan industrial production falls as estimated. China’s record trade surplus with U.S. risks further inflaming trade tensions. Feds collect record individual Income Taxes through June; Still run $607B deficit.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 12

Trump Claims NATO Victory After Ultimatum To Go It Alone. TSA screeners win immunity from abuse claims: appeals court. Migrants describe hunger and solitary confinement at for-profit detention center. Oil steadies despite IEA warning of spare capacity limits. North Korea fails to attend talks on repatriation of U.S. war dead. Prosecutors drop charges against Stormy Daniels. Mnuchin seeks to calm fears of economic fallout from tariffs.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 11

“What Good Is NATO?” Trump Criticizes Germany And Other Allies At Summit. OPEC’s oil output jumps in June as Saudi Arabia opens the taps to tame crude prices. PM May says EU needs to change course or risk ‘no deal’ Brexit. Trump slams Germany at NATO summit: It’s ‘totally controlled by Russia.’ Trump attacks NATO at NATO summit, abruptly demands allies dramatically increase military spending. Trump tells NATO leaders to increase defense spend to 4 percent.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 10

$152,237,500,000: Merchandise Trade Deficit With China Hit Record Through May. PM May says EU needs to change course or risk ‘no deal’ Brexit. Oil mixed on supply disruptions; chance of Iran sanctions waivers. Just three stocks are responsible for most of the market’s gain this year. Technical charts point to S&P 2,800 — and then a pullback.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 9

Defiant May Insists On Brexit Strategy After Blow Of Davis Resignation. Iran calls for EU help as shipping giant pulls out for fear of U.S. sanctions. Russia building up military sites on Poland’s border before Trump-Putin meeting. Dominic Raab replaces David Davis as Brexit secretary. If Trump’s tariffs sink China, be on high alert for the U.S. to follow suit.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 8

U.S. Triggers China Tariffs, Fuels Fears Of Escalating Trade War. ‘There is concern across Europe’ about what Trump might promise Putin. Amazon’s purchase of Whole Foods flipped the meal kit industry upside down; celebrity spokes models, football stars help sell vegan dinners. CNN’s Stelter blasts Trump-Hannity relationship: ‘Let’s just underscore how weird this is.’ Trump NATO envoy: Russia is trying to ‘flip’ Turkey. North Korea: Mike Pompeo rejects ‘gangster-like’ accusation. Graham on NKorea’s Rebuke: ‘I see China’s hands all over this.’

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 7

Whiskey Wars: Trade Tariffs Hit Hard In Trump Country. May wins support from divided UK government on Brexit plan. Sterling hits two-week high vs. dollar after Brexit strategy deal. U.S. jobs growth lifts Wall Street, offsetting tariffs. Dollar slumps after U.S. non-farm payrolls data, tariffs kick in. Violent protests erupt in Haiti as fuel prices spike. Trump’s personal calls to world leaders leave White House aides in the dark.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 6

Trump Launches The Opening Salvo In U.S. Trade War With China As Tariffs Take Effect. Argentina’s currency crisis is far from over. U.S. Navy: Will protect commerce in face of Iran oil threat. Trump orders OPEC to tame gas prices, but analysts blame his Iran sanctions for rising fuel costs. China says U.S. ‘opening fire’ on world with tariffs, vows to respond.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 5

Saudi Plans First Change In Asia Crude Oil Price Formula In Decades, To Use DME Oman. Mueller taps more prosecutors to help with growing Trump probe. Jobless claims hit 6-week high of 231,000, but layoffs still near lowest level in decades. Argentina’s currency crisis is far from over. US Navy: Will protect commerce in face of Iran oil threat. U.S. oil prices down after EIA reports surprise weekly climb in U.S. crude supplies. Trump orders OPEC to tame gas prices, but analysts blame his Iran sanctions for rising fuel costs. Noble Energy adds to Permian-to-Gulf crude pipeline capacity.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 4

U.S. Crude Sellers Slash Prices To Asia. General Motors’ China vehicle sales growth rate eases in second-quarter. Trade worries dent stocks, Yuan steadies. Investors challenged by rising rates and trade war. Chinese tariffs on U.S. goods to take effect at start of July 6 – source. Blame ‘superstar’ tech firms for slow wage growth: OECD. U.S. pressing allies to end Iran oil imports by November deadline, official says. The Memo: Trump faces crucial stretch. ‘We are the casualty:’ U.S. pig farmers brace for second round of pork tariffs from China, Mexico.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 3

Trump Will Release SPR Oil Reserves. U.S. households lose as gas prices rise. Oil tops $75 for first time since 2014 and then plunges. U.S. moves to keep China Mobile out. China’s June export growth to U.S. slows sharply – China customs. China trade worries depress Asian markets. A shouting Elon Musk and changing rules: Inside Telsa’s Model 3 sprint. Mall vacancies at highest point since 2012. Trump doesn’t care what people think about his relationship with Putin. Escalating trade war starts to make economic impact. Trump moves to block China Mobile’s U.S. entry, citing security concerns. BP begins gas delivery from $28bn Shah Deniz 2 project in Azerbaijan. China expected to cancel 1.1 million tonnes of soybeans from the U.S. as new tariff bites. China’s yuan continues to fall, sparking comparisons to 2015 rout. Manhattan real estate has worst second quarter since financial crisis.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary July 2

EU Reportedly Warns Of New Tariffs Worth $300 Billion If Trump Targets Automakers. Canada retaliatory tariffs on U.S. goods come into force. Mexican leftist Lopez Obrador wins presidency. Robot cooks and assembles burgers in 5 minutes at this new San Francisco restaurant. Oil falls as OPEC output rises, more production planned. Asian factories lose momentum even before Trump’s tariffs kick in.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary August 6

Saudi Arabia Can Pump Much More Oil Than They Are Telling You. A surprise deal to boost world oil supply could ‘stir the pot’ in the Middle East. Carrier USS Harry S. Truman operating in the Atlantic as Russian submarine activity is on the rise. Greenlight Capital suffers 7% drop in June, and is down over 18% this year. Rents in Southern California go nuts. Bay Area & Seattle “mixed.” Chicago & Honolulu in free-fall. New York City sharply lower. Washington DC loses grip. But rents soar 10-15% in many markets. Scaramucci warns Trump must ‘change tactics now’ on trade. Trump says OPEC manipulating oil market, warns Europe on Iran.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary June 30

Trump Says Saudi King Agreed To Raise Oil Production Up To 2 Mln Barrels. Comcast blames widespread service outage on cut fiber lines. Top ICE lawyer sentenced to four years in prison for stealing immigrants’ identities. Papering over cracks, EU leaders claim summit victory on migration. U.S. intelligence believes North Korea making more nuclear bomb fuel despite talks: NBC. Citigroup to refund $335 million to credit card customers.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary June 29

BP Holds Millions Of Barrels Of Oil Off China As Demand Falters. Deutsche Bank investors unshaken by U.S. stress test failure. Kroger to bring driverless cars to grocery delivery. John Kelly said to be on his way out, Trump is considering who will be next White House chief of staff. Euro rallies after all-night talks yield deal for Merkel, EU. EU leaders unite over Trump tariffs, foreign investments. Manafort assistant gave FBI access to storage locker: testimony. Citigroup to refund $335 million to credit card customers. It’s been decades since the White House has warned the Fed the way Kudlow just did. Trump will dump oil from Strategic stockpile.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary June 28

Saudi-Russian Axis Rules Oil Markets As Trump Fights Iran. U.S. oil exports reached a record 3 million barrels a day last week — a greater amount than is pumped each day by all but three OPEC countries. Trump adviser sees having Putin summit as ‘a deliverable.’ Market rate rise may thwart Fed’s balance sheet plan. Fed’s Rosengren calls for more tools to lessen severity of next economic downturn. Merkel says migration could make or break the E.U.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary June 27

U.S. Oil Prices Rally To Highest Level Since 2014 As Crude Supplies Notch Biggest Weekly Drop Of The Year. Oil surges above $70 after State Dept orders crude buyers to cut Iranian imports to zero. Time to prepare for ‘no deal’ Brexit scenario – French presidency official. Fed’s Rosengren calls for more tools to lessen severity of next economic downturn. India may ignore U.S. demand to halt Iran oil imports. Most millionaires don’t plan to spend their tax savings, CNBC survey finds. U.S. oil exports boom to record level, surpassing most OPEC nations.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”

Market News and Commentary June 26

Oil Surges Above $70 After State Dept Orders Crude Buyers To Cut Iranian Imports To Zero. Court upholds Trump travel ban, rejects discrimination claim. U.S. consumer confidence slips, house price gains slow. Treasury Secretary Mnuchin says investment restrictions will apply to ‘all countries that are trying to steal our technology.’ Trump warns Harley-Davidson of ‘big tax’ for moving production abroad. Apple starts building iPhone 6S in India to lower costs. Largest U.S. nail manufacturer ‘on the brink of extinction’ because of the steel tariffs.

To download this MP3 AUDIO file, right click here and choose “save target as” or “save link as”