Market News and Commentary May 31

‘Caution Is Going To Be The Word Here,’ Says Former Super Bull Jeremy Siegel. Mexico hits back at U.S. tariffs with measures on farm, steel products. Sears is closing more stores as sales shrink for 26th quarter in a row. Fed calls Deutsche Bank’s U.S. operations ‘troubled.’ Pending home sales fall more than expected as costs for buyers rise. Dying shopping malls are wreaking havoc on suburban America. Canada announces retaliatory tariffs on steel and aluminum. U.S. to impose steel, aluminum tariffs on EU, Canada and Mexico.

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