trump-defends-china-trade-pact-as-‘greatest-&-biggest-deal-ever’

It’s only been one day since the US and China struck a partial trade agreement that President Donald Trump said was “phase one” of the larger trade deal that he has long teased, and Wall Street is already beginning to have its doubts. ‘The Greatest and Biggest Deal Ever Made’ Now unexpectedly on the defensive,…

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us-housing-market:-economist-says-stellar-data-won’t-stop-recession

The US housing market continues to mystify investors as they scrutinize economic data in search of a smoking gun that will vindicate – or vanquish – fears that the US economy is on the brink of a recession. The needle moved in the optimists’ favor on Wednesday, when the Commerce Department reported that housing starts…

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dow-smashes-through-26,000-as-us-treasury-bond-yields-spike

Rising bond yields propelled the Dow Jones toward a spectacular advance on Monday, but economist David Rosenberg says he’s not convinced. | Source: AP Photo / Richard DrewBy CCN Markets: Rising bond yields propelled the Dow Jones toward a spectacular advance on Monday, as the US stock market continued to claw itself out of the…

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dow-freezes-as-ex-fed-chair-warns-of-‘weakened-economy’

The stock market is just days away from receiving the interest rate cut it so fervently desires, but optimism on that front failed to translate into an early-week surge for the Dow. Meanwhile, former Federal Reserve Chair Janet Yellen warned of the “risks” of a “weakened” global economy. Dow Cautiously Advances as S&P 500, Nasdaq…

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