Financial Review

Ten Years After

Informações:

Synopsis

…US-China tariffs back on. Manafort flips. 10y hits 3% – odds on for more rate hikes. Florence crawls to Carolinas. Mangkhut roars through Philippines. 10 years after Lehman. Financial Review  by Sinclair Noe for 09-14-2018 DOW + 8 = 26,154 SPX + 0.80 = 2904 NAS – 3 = 8010 RUT + 7 = 1721 10 Y + .03 = 2.99% OIL + .39 = 68.98 GOLD – 7.80 = 1194.10   Stocks started the session in positive territory but that didn’t last long. Once again, concerns about trade wars pushed prices lower. A report indicated that Trump still wants to impose tariffs on China despite recent suggestions that tensions between Washington and Beijing were easing. Bloomberg reported that Trump instructed his team to proceed with tariffs on about $200 billion more in Chinese products, despite Treasury Secretary Steven Mnuchin’s recent attempts to restart talks with Chinese officials. But the timing for activating the additional tariffs was unclear. The decision comes one week after Trump said he would be adding tariffs on $200 billion in Chine