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.

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