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.
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.
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.
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.
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.