Financial Review
Not Exactly
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:16
- More information
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Synopsis
….On again off again trade wars/disputes, whatever. Oil prices and everything else starting to pinch. Dodd Frank rollback because…, it works? Zuckerberg goes to the EU. SpaceX again. Financial Review by Sinclair Noe for 05-22-2018 DOW – 178 = 24,834 SPX – 8 = 2724 NAS – 15 = 7378 RUT – 12 = 1625 10 Y un = 3.07% OIL – .15 = 72.09 GOLD – 1.60 = 1291.60 Stocks gave back most of yesterday’s gains. Yesterday, the trade war with China was put “on hold”. Today, not exactly. Trump questioned a potential trade agreement with China that his administration announced days earlier, indicating he isn’t satisfied with the deal, whatever the deal might be. And by the way, he still wants a ban on Chinese telecom company ZTE, which is facing stiff penalties for violating sanctions against North Korea and Iran. Meanwhile the proposed June summit with North Korean dictator Kim Jong Un, may not happen according to Trump. Tomorrow, we will look at the minutes from the Federal Reserve’s FOMC policy meeting in May. They did not hi