Month: August 2019

Trade tirade!  Markets, basking in the warmth of Wednesday’s interest rate cut, got the rug pulled out from under them with a new threat of tariffs on China.  Stocks spent the first half of yesterday’s session in the black until Trump’s surprise tariff tweet sent them into a tailspin pushing indexes into the red.   MY TWO…

You can’t always get what you want…. Stocks were routed by comments made by Chairman Powell just minutes after the Fed lowered the key interest rate.  Traders sold off on fears that there may be no more rate cuts in the future.   MY TWO CENTS:   Just a little off the top.  Yesterday’s rate cut…