Cryptocurrency News Donald Trump federal reserve judy shelton U.S. Politics 

Trump’s Fed Pick Isn’t Just a Gold Bug

White House economic adviser Judy Shelton made headlines last week after President Donald Trump nominated her to the Federal Reserve Board of Governors. The mainstream press and finance industry were surprised to learn Trump’s Fed pick is a “gold bug.” She advocates returning the U.S. Dollar to the “gold standard.” President Trump’s Fed Nominee Dr. Judy Shelton discusses her support of a return to the gold standard and her critical take on central bank activity “Money is meant to serve as a reliable measure.”@CNBC pic.twitter.com/4wxKOgjRf4 — Squawk on the Street…

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Dow Jones federal reserve Jerome Powell U.S. Market News 

Dow Suddenly Recovers After Fed Chair Powell Tees Up a Rate Cut

The Dow executed a sudden recovery on Wednesday after Federal Reserve Chair Jerome Powell appeared to signal that the US central bank will capitulate to Wall Street’s rabid desire – and President Trump’s frequent demands – for an interest rate cut. Dow Mounts Swift Rebound The US stock market coiled itself for a collective step forward at the opening bell, brushing off three consecutive losses for the Dow Jones Industrial Average. As of 9:16 am ET, DJIA futures had gained 100 points or 0.37%, implying a gain of 98.51 points….

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DOW federal reserve Opinion U.S. Market News 

Dow’s Future Clouded as Ex-White House Official Rules Out July Rate Cut

The Dow Jones and the broader U.S. stock market were in solid form in the first half of 2019 despite geopolitical tensions on several fronts. The Dow and the S&P 500 hit new highs a week ago thanks to the Federal Reserve’s dovish monetary policy outlook.  But former White House communications director Anthony “The Mooch” Scaramucci believes that the Fed doesn’t have reason to be dovish anymore.  In an interview with Fox Business, Scaramucci said: “I don’t think the Fed can cut rates here, given how strong the economy is.”…

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bitcoin Crypto federal reserve Michael Novogratz Mike Pence Politics 

Trump’s Economy Makes Michael Novogratz ‘More Bullish’ on Bitcoin

By CCN: Go right ahead lefties with your monetary policies. You’re rallying crypto bulls. And you right leaners who are calling for lower interest rates are as good as gold for crypto, too. That’s the message from former hedge fund manager Michael Novogratz. The bitcoin bull weighed in on monetary policies being bandied about that are essentially making the case for crypto. Novogratz is the CEO of cryptocurrency merchant bank Galaxy Digital. In a tweet this weekend, he pointed to calls for interest rate cuts being made by Vice President…

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bitcoin Bitcoin Price News Crescat Capital Crypto Dow Jones federal reserve U.S. Market News 

Dow Futures, Bitcoin Teeter as Markets Wait for FOMC Bounce

Neither Dow futures nor the bitcoin price showed much conviction ahead of Wednesday’s US stock market open, as Wall Street pined for a dovish FOMC statement on interest rates and crypto traders waited for BTC to make its next major push. Dow Futures Hover Near Tuesday Close As of 9:05 am ET, Dow Jones Industrial Average futures had lost 14 points or 0.05 percent, implying a loss of 25.38 points at the open. S&P 500 and Nasdaq futures also slipped into the red, dropping 0.04 percent and 0.02 percent, respectively….

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Alexandria Ocasio-Cortez federal reserve Green New Deal Jerome Powell Op-ed U.S. Market News 

Even Fed Chair Powell is Freaked out by Ocasio-Cortez’s Green New Deal

Even the U.S. Federal Reserve thinks Alexandria Ocasio-Cortez needs to cool it with all the money-printing schemes. CNBC reports: “An increasingly popular theory espoused by progressives that the government can continue to borrow to fund social programs such as Medicare for everyone, free college tuition and a conversion to renewable energy in the next decade is unworkable, Federal Reserve Chairman Jerome Powell said Tuesday.” Alexandria Ocasio-Cortez is One of the Most Overrated Politicians of the Decade Why is the mainstream media discussing this like using the Federal Reserve to monetize…

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