U.S. Inflation Hit Federal Reserve’s 2% Target In March. Trump says he relishes enthusiasm, ‘love’ at Michigan rally. Oil prices slide as U.S. rig count points to rising production. Trump warns his impeachment could follow if Democrats take back Congress. Netanyahu: Iran had secret ‘Project Amad’ to design, produce and test warheads.
Trump Threatens Government Shutdown In September If No Funding For Wall. Talks between North Korea and South Korea avoid specifics about nuclear weapons and Trump summit. Asylum-seekers in Mexico snub warnings of stern US response. Will Cohen flip? Tenuous finances may provide crucial clues.
Trump Dismissed Warnings From GOP Leaders That Party Could Lose House: Report. PPG will cut 1,100 jobs amid growing material costs. Russian from Trump Tower meeting: ‘I am a lawyer, and I am an informant.’ FBI says it warned White House about Rob Porter in March ’17. Merkel and Trump aired differences over trade and NATO on Friday at a White House meeting. German business leaders fear U.S. tariffs after Merkel-Trump talks. Stocks showing a lack of direction on mixed earnings.
North And South Korea Vow To End War, Pursue Denuclearization. James Comey on Trump’s assertion that releasing memos was illegal: ‘I think he’s just making stuff up.’ EX-CIA chief Mike Pompeo confirmed as secretary of state. Trump begins distancing himself from Cohen after FBI raid. Feds seized more than a dozen of Michael Cohen’s phones. Cohen loaned millions to Ukraine-born cab mogul. First-quarter GDP grows slows to 2.3% as consumers pull in their horns.
Bill Cosby Found Guilty Of Sexual Assault In Retrial. WSJ: Labor Department probes Wells Fargo’s 401(k) practices. Senate panel approves bill to protect special counsel. Oil prices rise on concerns over supply disruptions, but surging US output looms. Deutsche Bank scales back investment bank as profit drops. James Comey on Trump’s assertion that releasing memos was illegal: ‘I think he’s just making stuff up.’
North Korea’s Nuclear Test Site Has Collapsed… And That May Be Why Kim Jong-Un Suspended Tests. U.S. extends deadline for Russia sanctions, aluminum prices dive. 10-year Treasury yield hits 3% for first time since 2014. Google-owner Alphabet’s shares fall on rise in costs. Macron: France will not leave the Iran nuclear deal ‘because we signed it.’ Trump threatens ‘big problems’ for Iran.
FAANG, Industrial Stocks Hit Wall Street. 3M’s stock tumbles into bear market territory after most disappointing results in a decade. Netflix to issue $1.5 billion of junk bonds to finance its massive spending plans. Stocks stumble as U.S. yields near the 3 percent barrier. Experts warn North Korea won’t give up nukes, despite rhetoric. Chicago Fed economic measure cools in March from February’s nearly two-decade high. Facebook’s hidden data haul troubles German cartel regulator.
Sean Hannity Received HUD Help On Multi-Million Dollar Property Deals. OPEC is acting with ‘noble goal’ of rescuing the oil market, says organization’s president. Dershowitz: FBI waging ‘epic battle’ for Michael Cohen’s ‘soul.’ Oil steady as U.S. drilling tempers bullish sentiment. NYT reporter: Story on Cohen flipping ‘hitting a nerve’ with Trump. Gold slips to two-week low amid rising U.S. yields, dollar. Saudi says it intercepted missiles fired at Aramco facility by Houthis. Netflix to raise $1.5 billion in debt. Stocks stumble as U.S. yields near the 3 percent barrier.
Mobius Says There’s A 30% Correction Coming For U.S. Stocks. Fusion GPS founders lay out where Mueller’s case against Trump might be going (and it’s not Stormy.) Trump rips WashPost story on AG Jeff Sessions: More ‘fake’ news. Report: Trump ‘hasn’t cooled’ on firing Rosenstein. Trump touted hiring Giuliani as ‘hiring America’s f—ing mayor.’ Report: Mueller team ‘amused’ by Rudy Giuliani’s goal to end Russia probe.
Kim Jong-Un Says Halted North Korean Tests For Now. Ex-Forbes reporter says Trump posed as executive, lied to him to crack Forbes 400 list. Trump’s legal team bracing for Cohen to cooperate with federal investigation: report. Fed’s Kashkari: Bond market is ‘yellow light flashing’ about a possible recession. Fed must be alert to imbalances given unusual timing of fiscal stimulus, Brainard says. Sessions warned White House he could quit if Trump fired Rosenstein.
Russia Says It Might Not Stay Committed To The OPEC Oil Deal Until The End. New York Attorney General seeks power to bypass Presidential pardons. Rudy Giuliani joining Trump’s legal team ‘for the good of the country.’ Comey memos detailing conversations of Trump meetings published. Trump’s latest plan for saving coal comes from Truman era. In stunning CNN interview, Trump’s divorce lawyer suggests Cohen will flip. Trump criticizes OPEC, calling oil prices ‘artificially’ high. SEC proposes rule to combat conflicted investment advice.
Trump Undercutting Ambassador Plays Right Into Comey’s Tease About The Worst Russia Narrative. White House notified Russia no new sanctions are coming… therefore no need to release the videos. Fed’s Dudley: More than four interest rate hikes unlikely this year. OPEC’s new price hawk Saudi Arabia seeks oil as high as $100. Cohen would turn against President if charged, counselor warned Trump. Trump declared he’s running again. Many Republicans aren’t ready to back him. The typical Amazon worker made less than $30,000 in 2017. Oil’s ‘artificial’ surge to multi-year highs could spark a new crisis, economist warns. 75% of the ultra-rich forecast a US recession in the next two years, survey finds.
Starbucks To Close All Company-Owned Stores On The Afternoon Of May 29 For Racial-Bias Education Day. Model claiming Trump secrets blames US for Thai prosecution. Exclusive: OPEC’s new price hawk Saudi Arabia seeks oil as high as $100 – sources. As GOP balks, McConnell shuts down bill to protect Mueller. Global debt has reached a record high, IMF says, and three countries are to blame.
Corporations Incentivized To Offshore Jobs Thanks To GOP Tax Bill: CBO Report. Fox’s Hannity revealed as mystery client of Trump’s personal lawyer. Comey speculates Russians may have damaging info on Trump. Trump’s personal lawyer coughs up name of mystery client: Sean Hannity. In South Korea, overseas cryptocurrency offerings skirt local clampdown. What’s in those seized records? Trump’s biggest new worry.
Trump Hits China For Currency Devaluation, Countering Treasury Report. NYT: Trump confidants see Cohen probe as bigger threat to Trump than Mueller probe. Trump claims lawyers Are ‘deflated and concerned’ about FBI’s Cohen raids. Trump lawyer arranged $1.6 million payoff to Playboy Playmate for Republican fundraiser: source. Russia starts blocking Telegram messenger. New York attorney Steven Molo tells Trump no way! Comey in ABC interview: Trump is ‘morally unfit to be president.’ New York Manufacturing Index drops more than expected in April. Britain’s biggest carmaker cuts 1,000 jobs.
Exclusive: FBI Seized Recordings Between Trump’s Lawyer And Stormy Daniels’ Former Lawyer. US claims on setting back Syria chemical weapons capability likely exaggerated, say experts. Mattis: Syria strikes a ‘one-time shot,’ further operations will depend on Assad. Trump’s personal attorney can’t seem to keep his lies straight. Comey says Trump reacted to news of Russian meddling by asking if it changed election results. Trump approval declines, and Democrats have big enthusiasm edge over GOP for midterm elections: NBC/WSJ poll. Chaos, consultation: Inside Trump’s decision to strike Syria. Huge rally in Barcelona to demand jailed separatists go free.
Trump In ‘Serious Peril’ Over Cohen: Former US Prosecutor Report About Michael Cohen’s Secret Trip To Prague Corroborates Key Steele Dossier Claim. Trump announces strikes on Syria following suspected chemical weapons attack by Assad forces. Ex-CIA director tears into Trump: ‘Your kakistocracy is collapsing.’ Trump lawyer has been under criminal probe for months, U.S. says. ‘Love child’ story could be used as evidence of illegal campaign contributions. Trump allies fear feds may have seized recordings made by Trump’s lawyer: report. Pentagon: Syria strikes took out the ‘heart’ of Assad’s chemical weapons program.
No One Is Buying Russia’s Lies And Cover-Up. China’s trade surplus with U.S. soars. Trump FIXATED ON GOLDEN SHOWERS. Trump can’t stop Russia investigation even if he fires Mueller. Tax cuts were supposed to juice the economy, but banks aren’t seeing it. Haley: Trump is suddenly very concerned about Scooter Libby. Here’s why. Higher stakes than ever as Trump, allies mull Syria strike.
Robert Mueller’s Nuclear Option. ‘GET READY RUSSIA!’ Donald Trump warns Putin his missiles are coming ‘fast and smart’ after Russia vowed to bomb US sites if it strikes Assad. The GOP tax plan means short-term gains for the economy, but federal debt is primed to explode, CBO analysis says. Donald Trump cancels South America trip. Mueller is investigating a $150,000 payment a pro-Russian oligarch made to the Trump Foundation during the campaign. ‘A total witch hunt’: Trump tweets blistering early morning attack on his own Justice Department and says ‘attorney-client privilege is dead.’ US’ Moscow sanctions are finally proving a ‘major game changer’ for Russia. Oil jumps 3% to above $65 on growing Middle East tensions. Trump rants on Ukraine, WH fake news, ‘corrupt Russia’ probe. Senate GOP leaders warn Trump not to fire Mueller but reject calls for legislation to protect him. Paul Ryan lost and Donald Trump won in the fight for the future of the GOP.
Donald Trump Has Never Been More Likely To Fire Robert Mueller Than He Is Right Now. Trump blasts FBI raid on Michael Cohen as “disgraceful situation.” Mueller is investigating a $150,000 payment a pro-Russian oligarch made to the Trump Foundation during the campaign. US’ Moscow sanctions are finally proving a ‘major game changer’ for Russia. Search warrant reveals Mueller’s interest in Manafort’s actions during Trump campaign.
Trump Attorney Cohen Is Being Investigated For Possible Bank Fraud, Campaign Finance Violations, According To A Person Familiar With The Case. Trump furious after FBI seizes documents from his lawyer. Iran threatens to restart nuke enrichment program in matter of days. Cambridge Analytica whistleblower says Facebook users’ data could be stored in Russia. Israel accused of bombing Syrian air base after attack in Douma. Trump lobbied against fire-sprinkler laws for skyscrapers in 1990s… Jared Kushner’s $1.2 billion miracle. Trump confers with military on suspected gas attack in Syria. FANG stocks’ bite has U.S. fund managers looking for alternatives. Russia sanctions: Shares in Deripaska-controlled firms crash.
Trump Threatens “Animal Assad,” Putin Over Alleged Chemical Attack In Syria. Retiring GOP lawmakers cut loose on Trump. Blaze on 50th floor of Trump Tower in New York kills 1. Kudlow defends Trump’s tariff moves: China is ‘breaking a lot of laws.’ Republicans seize on impeachment for edge in 2018 midterms. World’s richest one per cent are on track to own two thirds of global wealth by the year 2030. Stocks drop after Fed chairman signals more rate hikes. Fed’s Evans says inflation will hit 2 percent, and gradual rate hikes will be appropriate. Soaring U.S. oil exports may derail the crude rally.
Mnuchin: There Is ‘Potential’ For A Trade War With China. Veteran trader Art Cashin: We were close to having potential market ‘bloodbath.’ Russia says wider cooperation arrangement with OPEC could be indefinite. Syrian showdown: Trump vs. the Generals. Mueller has evidence that Trump supporter’s meeting with Putin ally may not have been a chance encounter: Sources. Trump preparing for potential interview with Mueller, report says. 30-year Treasury bond yield posts largest weekly climb in more than two months.
Trump’s Tariff Gamble With China Could Be Catastrophic For The Economy, The GOP – And His Own Presidency. Trump’s incoherent position on the border ‘crisis,’ in one tweet. Exclusive: Kremlin ties to pages deleted by Facebook should have been obvious months ago. How to make sense of all of Trump’s statements on Syria this week. Ex-Treasury secretary compares Trump to Mussolini. U.S. trade deficit rises to near 9½-year high. Trump denies knowledge of payment to Stormy Daniels. Going off script, Trump bashes immigration at tax cut event. Market volatility is reminiscent of the 1987 crash: Veteran trader Art Cashin. ‘Tired of being told no,’ Trump freezes out chief of staff John Kelly. Guggenheim investment chief sees a recession and a 40% plunge in stocks ahead.
Putin Cements Powerful New Alliance With Iran And Turkey. Larry Kudlow: Trump’s tariffs on China may not go into effect. Bannon on trade-war angst: ‘To hell with Wall Street.’ Facebook says data leak hits 87 million users, widening privacy scandal. U.S. is net natural gas exporter for 1st time in 6 decades thanks to new infrastructure. Escalating U.S.-China trade dispute heightens global concerns. Larry Kudlow: On trade, Donald Trump ‘putting his cards on the table’ with China. Trump: Trade war with China was lost years ago. Bahrain discovers offshore oilfield ‘containing 80bn barrels.’ Trudeau sees high chance of NAFTA deal with U.S., Mexico. As Trump bashes Amazon, the Government increasingly relies on it.
Mueller Told Trump’s Attorneys The President Remains Under Investigation But Is Not Currently A Criminal Target. Saudi Arabia and Iran’s ‘intensifying’ feud could soon end OPEC-led supply cuts, strategist says. Washington Post editor says Trump’s claims linking Post to Amazon are “completely made up.” Trump attacks CNN president: ‘Little’ Jeff Zucker isn’t having much fun. A ‘big puke’ is coming in markets – Nick Colas breaks down new survey results that show queasiness. Fed’s Brainard warns about high asset prices even after the stock correction. China announces new tariffs on 106 US products, including soy, cars, and chemicals. Trump advisers urge against hasty U.S. retreat from Syria.
Stocks Could Soon See Another 10% Correction As Investors Face Their ‘Time Of Reckoning,’ Analyst Warns. Stocks’ second-quarter start is the worst since the Great Depression. Mueller has broad authority to investigate Trump’s former campaign boss: Russian Collusion. Rising Russian output weighs on Oil. GM will stop reporting monthly U.S. vehicle sales. Tesla bankrupt? Elon Musk cracks jokes after worst month in 7 years. Mueller investigating Roger Stone’s possible ties with Julian Assange. Trump says he will put U.S. military on southern border.
Donald Trump Tweeting The U.S. Economy Into A DEPRESSION! China imposes tariffs on more than 125 U.S. imports including fruit and pork as fears of trade war grow. Trump on deal for ‘Dreamer’ immigrants: ‘NO MORE.’ Japan survey shows corporate sentiment is worsening. The market is ‘right in the eye of the storm,’ and two charts show dark clouds ahead, says Bank of America analyst. China space lab mostly burns up on re-entry in South Pacific. FirstEnergy unit that runs power plants files for bankruptcy. Bahrain discovers largest oil field in country since 1932.
People Using Home As ATM… Again! Prepare To Lose Everything! Mueller to use Gates’ Testimony to tie Trump Campaign to Russia. Mueller: Rick Gates communicated with Russian spy before election. U.S. stock fund investors pull most cash since February meltdown: Lipper. Iraq bumps up the date for awarding new oil contracts to April 15. FEC filings show Trump campaign regularly used Amazon for supplies. Tesla says Model X vehicle in crash that killed Apple engineer Walter Huang was on autopilot. Uber is shutting down its on-demand delivery service, UberRush. Trump claim about Amazon and post office contradicted by AP.