Donald Trump Dow Jones federal reserve Market News 

Dow Futures Sink and Furious Donald Trump Rages at ‘Gutless’ Fed – CCN.com

Dow Jones Industrial Average (DJIA) futures plunged lower in early trading Thursday. It comes after the Federal Reserve cut the target base rate by 25 points, as expected. But the stock market, not to mention Donald Trump, didn’t get what they wanted: a commitment to deeper, long-term cuts. As usual, Trump didn’t hide his disgust at the Federal Reserve and chairman Jerome Powell, lashing out on Twitter minutes after the decision. “Jay Powell and the Federal Reserve Fail Again. No “guts,” no sense, no vision! A terrible communicator!” Dow futures…

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Dow Jones federal reserve Market News 

Dow Quivers as Wall Street Reckons With Fed Disunity – CCN.com

The Dow slid back into decline on Wednesday as Wall Street quivered ahead of what an increasing number of market analysts expect will be a less-than-satisfying Federal Reserve policy statement. Dow Trades Down Ahead of FOMC Decision The US stock market took a small step backward at Wednesday’s opening bell. The Dow Jones Industrial Average dropped 77.56 points or 0.29% to 27,033.24. The Dow took a small step down ahead of Wednesday’s FOMC decision. | Source: Yahoo Finance The S&P 500 declined 8.07 points or 0.27%. That forced the index…

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bitcoin Bitcoin Analysis Bitcoin Economics federal reserve Opinion 

Why Bitcoin Rules in the ‘Insane’ World of Negative Interest Rates

Central banks around the world are on a negative rate binge to further a compelling case for bitcoin.. | Source: Shutterstock By CCN Markets: In Denmark, some depositors are now paying the bank to look after their money. In Germany, the 30-year bond yield just went negative. A total $17 trillion of global bonds are now negative and it’s rising at a rate of a trillion a week. On the flip-side, Danish banks will pay you interest to take out a mortgage. Welcome to the bizarre new world of negative…

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china Dow Jones federal reserve U.S. Market News 

Dow Storms Back as Trade War Tailspin Forces Fed’s Hand

The Dow Jones stormed into recovery mode as traders found a silver lining in the trade war – more Federal Reserve interest rate cuts. | Source: Drew Angerer / Getty Images / AFP The Dow Jones stormed into recovery mode on Tuesday following its worst loss of the year as traders searched for – and found – a silver lining in the alarming escalation in the US-China trade war. Dow Recovers from Grisly 2.9% Crash All of Wall Street’s major indices took a bite out of their August 5 losses….

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federal reserve S&P 500 Trade War U.S. Market News 

Don’t Blame the Fed or Tariffs Alone for this Stock Market Rout

Corporate earnings season is underway, and fundamentals are driving the stock market more than usual because valuations are so lofty already. | Source: Shutterstock Stock market investors who were expecting that the Fed would be more accommodating with its monetary policy or that trade talks between the U.S. and China would go swimmingly were in for a rude awakening. Instead, they got a one-two punch comprised of a mere quarter-point interest rate cut and threats of more tariffs on China rather than any compromise. But if you take a step…

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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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