Market News and Commentary October 29

The Fake News Media, The True Enemy Of The People, Must Stop The Open & Obvious Hostility & Report The News Accurately & Fairly. Two big credit-card issuers tighten lending standards amid robust economy: WSJ. Trump: ‘We’re going to build tent cities (AKA concentration camps) to house ‘caravan’ migrants who apply for asylum. Trump to terminate birthright citizenship. Oil prices down more than 1 percent on rising supply, trade war. Ukraine says Russia preparing to deploy nukes in Crimea. Trump says he can defy U.S. Constitution to end birthright citizenship. U.S. preparing to deploy several thousand troops to southern border.

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Market News and Commentary October 23

U.S. Mail Bombs: Cesar Sayoc Charged After Campaign Against Trump Critics. S&P 500 ends at lowest since May as tech, internet stocks tumble. Stocks could rally 20% after this bruising rout, says Guggenheim’s Minerd — after that, watch out. Fitch says it no longer assumes Britain will get a smooth Brexit. U.S. economy grew by healthy 3.5% in third quarter. Dow, S&P 500 fall as dollar rises, yield curve flat. The global selloff has erased $5 trillion from stock and bond markets in October. Family’s farm at risk as tariffs sink prices. What’s a few trillion gone from investors’ portfolios?

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Market News and Commentary October 22

Paul Volcker, At 91, Sees ‘A Hell Of A Mess In Every Direction.’ U.S. fund investors pull most cash since June from stocks: Lipper. Netflix’s new $2 billion in borrowing raises Wall Street eyebrows. Trump: Migrant caravan contains gang members and terrorists. Counterterrorism official contradicts Trump: No sign ISIS or ‘Sunni terrorist groups’ are in caravan. Russia will target European countries if they host U.S. nuclear missiles: Putin. Two Wells Fargo executives go on leave of absence amid sales scandal review. Malls fear Sears bankruptcy signs will scare off buyers.

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Market News and Commentary October 18

Pat Robertson: Khashoggi Isn’t Worth Damaging U.S.-Saudi Relations. Fed plans to keep hiking interest rates despite Trump blowback. U.S. eyes more Venezuelan sanctions, but oil on backburner: U.S. official. Oil could fall further on rising U.S. supplies, says internal secret OPEC report. Investors are growing increasingly anxious about China. Italy’s debt crisis thickens. Goldman Sachs sees five more Fed rate hikes through end of 2019.

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Market News and Commentary October 17

As Khashoggi Crisis Grows, Saudi King Asserts Authority, Checks Son’s Power. Kelly, Bolton get in profane shouting match outside the Oval Office. Trump threatens to send MILITARY to seal southern border. U.S. existing home sales plunge to nearly three-year low in September. Julian Assange: Wikileaks co-founder takes legal action against Ecuador. Rosenstein defends Mueller probe as ‘appropriate,’ ‘independent.’ Honeywell says tariff-related costs to weigh on margins in 2019. China soybean imports set for biggest drop in 12 years amid tariff conflict. China September coal output hits nine-month high as new capacity starts up. Exxon Mobil bets big on China LNG, sidesteps trade war.

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Market News and Commentary October 16

Trump Tells AP He Won’t Accept Blame If GOP Loses House. Jamal Khashoggi’s killing took seven minutes, Turkish source tells MEE. Trump: ‘That would be bad’ if ‘great ally’ Saudis tied to Khashoggi’s alleged murder. Trump widens Fed critique, calls it ‘my biggest threat.’ Oil prices slump after large increase in U.S. stocks. U.S. housing starts, building permits fall in September.

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Market News and Commentary October 12

Maher: Trump ‘Sounds Like He’s Setting Up’ Martial Law. Italy must ‘calm down’ and stop questioning the Euro: Draghi. Biden: Trump is ‘trashing American values.’ Trump speaks to Saudi King, sends Pompeo for follow-up. Sears files for Chapter 11 bankruptcy in attempt to keep stores open for now. U.S. retail sales are soft for the second month in a row. Nearly half of Europe’s biggest stocks are in bear market.

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Market News and Commentary October 11

Dow Tumbles Over 500 Points, Bringing 2-Day Losses To More Than 1,300 Points. America’s obesity is threatening national security, according to this study. Oil supply and demand reach record 100 million barrels a day. May vows she will NEVER sign up to a Brexit deal that traps the UK in the customs union ‘permanently.’ IEA: ‘Expensive energy is back.’ China’s trade surplus with U.S. hits record. China auto sales plummet. Astronauts make harrowing escape, but Russian rocket failure roils NASA. Russia dossier author criticizes Trump, slams ‘strange and troubling times.’

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Market News and Commentary October 10

Trump Says Fed ‘Has Gone Crazy’ Following Stock Market Selloff. Report: Saudi Crown Prince ordered detention of journalist critic. UK surveyors see weakest house price outlook since Brexit vote – RICS. Manufacturers fighting Trump’s tariffs. Leaked Google research shows company grappling with censorship and free speech. Trump briefed on stock market sell-off: Sears prepares to file for bankruptcy in coming days: sources. Euro zone bailout fund head – no reason to expect Italy to lose market access.

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Market News and Commentary October 9

‘Extremely Dangerous’ Hurricane Michael Strengthens To Category 4 Storm. Fed’s Kaplan says he doesn’t expect a sudden spike in inflation. Haley announces she is resigning as UN Ambassador, says U.S. is respected again. Sales down 18% at VW, latest auto maker dented by emissions rules. Trump criticizes Fed rate increases again. Global financial stability risks rising with trade tensions, IMF says. HSBC to pay $765 million to settle U.S. mortgage securities mis-selling claim. WSJ: Britain, EU closer to Brexit deal. IMF warns some emerging-market countries could face ‘severely adverse’ capital outflows.

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Market News and Commentary October 6

The Trump Administration Just Escalated Its High-Stakes Competition With China. Colin Powell rips Trump on immigration, NATO, anti-press rhetoric. Russian official tied to Trump Tower meeting dies in helicopter crash. U.S. tariffs on China aren’t a short-term strategy. Brett Kavanaugh sworn in as U.S. Supreme Court justice. Donald Trump: Women ‘are extremely happy’ with Brett Kavanaugh. Erdogan says closely following case of missing Saudi journalist. Commercial banks donate $2.5 million to Senate Democrats for midterms. Deutsche Welle: Germany warns Russia over cyberattacks. Amazon is doubling down on its private label business, stoking ‘huge fear’ in some sellers. Banksy artwork self-destructs after £1m auction sale. Italy works on extending Alitalia loan deadline: source.

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Market News and Commentary October 5

Tech Stocks Tumble As Market Momentum Stalls. Job growth slumps in September, but the unemployment rate hits the lowest level since 1969. Top U.S. admiral warns of Russian submarine threat. Ford to cut jobs as it reorganizes salaried workforce. Netflix is down 15% from its high, and there could be more pain ahead. Consumer credit grows $20.1 billion in August, fastest pace in three months. Mattress Firm is about to close more than 200 stores. Canadian crude hits record low vs. U.S. amid pipeline bottlenecks. British stocks posts biggest weekly drop in six months on strong U.S. jobs report. Oil prices mark weekly gain ahead of Iran sanctions. Gas fracking to start in England next week after seven-year halt.

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Market News and Commentary October 4

Wall Street Stumbles As Bond Yield Climb Continues. Dow falls the most in 2 months on fears of rising rates as 10-year yield hits highest since 2011. The big hack – China used a tiny chip to infiltrate U.S. companies. Zuckerberg faces anger over Facebook executive’s Kavanaugh support. Oil markets could witness modest surplus into early 2019. Oil prices rise on Iran sanctions, outlook uncertain. Germany says no-deal Brexit not in UK, EU or German interests.

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Market News and Commentary October 3

Exclusive: Saudi Arabia, Russia Agreed In September To Lift Oil Output, Told U.S. Fed’s Powell sees ‘remarkably positive outlook’ for economy that may be ‘too good to be true.’ This bull market run has echoes of the late 1920s, Nobel Prize-winning economist Shiller says. U.S. Gross National Debt jumps by $1.27 trillion in fiscal 2018, hits $21.5 trillion. Italy budget concession hopes switch risk sentiment back on. Putin tells Trump to blame guy in the mirror for high oil prices. Mortgage fraud is getting worse as more people lie about their income to qualify for loans. Auto stocks tumble. Dollar hits six-week highs on hawkish Fed. New York investigating Trump tax dodging. Fed’s Evans says comfortable with a December rate hike.

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Market News and Commentary October 2

New Reports Question Kavanaugh’s Credibility On Past Drinking Behavior, When He Knew About Allegations. Iranian missile strike called a warning to U.S. military in Syria. Unraveling a Tesla mystery: Lots (and lots) of parked cars. Tax cuts provide limited boost to workers’ wages. Too much oil? Texas boom outpaces supply, transport networks. Ryanair warns on profit as strikes and rising fuel prices take toll.

Market News and Commentary October 1

Trump Hails ‘Great Deal’ On US-Canada-Mexico Trade. OPEC ‘powerless to prevent’ oil prices jumping toward $100 a barrel this year. Merkel warns Trump against ‘destroying’ UN. Saudi shelves $200 billion SoftBank Solar project: WSJ. Trump says he and Kim Jong Un ‘fell in love,’ praises relationship with North Korea. Yale classmate says Kavanaugh misled Congress on his drinking habits. Yale friend says Kavanaugh was a heavy drinker. Brent oil rises to four-year high ahead of Iran sanctions, traders eye more hikes.

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