Market News and Commentary August 24

Allen Weisselberg, Longtime Trump Organization CFO, Is Granted Immunity In Cohen Probe. Trump recently sought his lawyers’ advice on possibility of pardoning Manafort, Giuliani says. U.S.-China trade war escalates as new tariffs kick in. Durable-goods orders fall for 3rd time in 4 months. S&P 500 and Nasdaq close at record highs as Netflix jumps. Trump says Pompeo won’t go to North Korea, criticizes denuclearization progress. Fed chair finally responds to Trump’s attacks over rate hikes. Manafort tried to get the U.S. military kicked out of Central Asia to help Russia.

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