Financial Review
Absent a Smackdown
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:15
- More information
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Synopsis
….G7 summit mess. Trump Kim summit next. Fed on Wednesday, with a possibility for change in direction. ECB on Thursday. Net neutrality is dead, for now. AT&T on the hunt. Burgers? Financial Review by Sinclair Noe for 06-11-2018 DOW + 5 = 25,322 SPX + 2 = 2782 NAS + 14 = 7659 RUT + 2 = 1674 10 Y + .02 = 2.96% OIL + .33 = 66.07 GOLD + 1.00 = 1301.00 Stocks opened modestly higher and managed to hold on for modest gains. Trading was confined to a fairly narrow range. After a weekend that featured a kerfuffle at the G7 meeting, attention turned to Tuesday’s summit between Trump and North Korea’s Kim Jong Un, which actually starts in a couple of hours (Singapore is 12 hours ahead of Washington DC, so in Singapore 9 AM tomorrow is 9 PM East coast time today) And then, attention will shift to the Federal Reserve FOMC policy meeting, which wraps up on Wednesday. The G7 economic summit ended without the US signing on to the communique. Trump disowned the agreement hours after leaving the gathering, launching a pe