dow-cautious-after-pelosi-baits-impeachment-hook-for-a-reckless-trump

A quiet Monday for the Dow belied some risk off-moves in the index. Donald Trump’s meeting with Jerome Powell went off without a hitch. Nancy Pelosi’s offer for the president to testify in the impeachment hearings could create some serious volatility in the Dow Jones. The Dow Jones clung to record levels on Monday, as…

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jerome-powell-says-the-federal-deficit-is-“unsustainable”-even-as-fed-policy-stokes-record-surge-in-household-borrowing

Fed Chair Jerome Powell sounds the alarm on U.S. federal debt. The federal deficit is forecast to swell to $1.1 trillion. U.S. household debt reached a new record high in the third quarter. Jerome Powell has presided over three interest rate cuts as Federal Reserve Chairman, but now believes debt is a problem. Of course,…

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dow-teeters-after-fed-quietly-shades-trump

The Dow teetered on Thursday as Wall Street continued to wrestle with the fallout from the Federal Reserve’s second straight “insurance” cut. Analysts have spent the past 18 hours poring over every word in Fed Chair Jerome Powell’s prepared remarks and post-FOMC press conference, and there’s one comment, in particular, that has begun turning heads.…

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dow-mounts-stunning-recovery-to-erase-brutal-200-point-loss

The Dow Jones dropped sharply after the Federal Reserve cut interest rates by 25 basis points to 1.75%, only to mount a stunning recovery in late afternoon trading. The US dollar surged, with Treasury yields hitting the Dow hard as the stock market trembled under the extraordinary situation of three FOMC members dissenting. US stocks…

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trump-buries-fed-chair-jerome-powell-after-‘gutless’-policy-decision

The Federal Reserve’s quarter-point rate cut on Wednesday was met with hostility by President Trump, who blasted Chairman Jerome Powell for lacking vision and being totally ‘gutless’ about helping the American economy. Trump Ups Anti-Fed Rhetoric Trump took to Twitter Wednesday afternoon to complain about the Fed’s decision to lower interest rates. Based on Trump’s…

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dow-grinds-higher-after-powell-rebuts-recession-panic

The Dow Jones shrugged off a mixed jobs report to rally after Powell reassured investors the Federal Reserve is committed to boosting inflation. | Source: REUTERS / Arnd Wiegmann (i), AP Photo / Richard Drew (ii). Image Edited by CCN. The Dow pounded toward session highs on Friday afternoon after Federal Reserve Chair Jerome Powell…

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stock-market-tanks-after-trump-unloads-on-‘enemies’-powell-&-xi

The stock market imploded after Trump lashed out at both Fed Chair Powell and Chinese President Xi Jinping. | Source: AP Photo/Patrick Semansky By CCN Markets: The stock market entered a devastating free-fall after President Trump fired out a barrage of tweets today aimed at China and Fed Chairman Jerome Powell. “My only question is,…

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dow-futures-slide-as-trump-screams-at-federal-reserve

Donald Trump is yelling for the Federal Reserve…on Twitter. | Source: REUTERS/Kevin LamarqueBy CCN Markets: Dow Jones Industrial Average (DJIA) futures slumped in early trading Thursday and Trump is livid.The president took his anger out on Twitter, screaming in all caps:“WHERE IS THE FEDERAL RESERVE?”Trump is desperate for the Federal Reserve and Chairman Jerome Powell…

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dow-surges-as-wall-street-bets-on-titanic-interest-rate-cuts

The Dow Jones surged on Wednesday as Wall Street gambled that the Fed would execute titanic interest rate cuts in the coming months. | Source: AFP PHOTO / Stan HONDABy CCN Markets: The Dow executed a swift recovery on Wednesday, erasing its previous-day losses as Wall Street doubled down on its belief that the Federal…

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dow-futures-rockets-but-fed-insider-warns-of-2008-style-collapse

The Dow is leaning toward a strong open on Wednesday but the optimism could be short-lived, according to one former Fed insider. | Source: AP Photo/Aaron FavilaBy CCN Markets: Dow Jones Industrial Average (DJIA) futures ticked up 200 points in early trading Wednesday, pointing to an optimistic open on Wall Street ahead of the Federal…

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