Financial Review
Ripped
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:16
- More information
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Synopsis
…Trump blows up Iran deal. Stocks stumble but close flat. Oil dips but holds $70. JOLTS – a job opening for everyone. Equifax gets worse. Financial Review by Sinclair Noe for 05-08-2018 DOW + 2 = 24,360 SPX – 0.71 = 2671 NAS + 1 = 7266 RUT + 7 = 1586 10 Y + .02 = 2.97% OIL – .69 = 70.04 GOLD + .60 = 1315.20 Trump announced the U.S. will pull out of the landmark nuclear accord with Iran, declaring he was making the world safer but dealing a blow to our allies. Trump said the 2015 agreement, which included Germany, France and Britain, was a “horrible one-sided deal that should never ever have been made.” He added that the United States “will be instituting the highest level of economic sanction.” The move is especially striking because even Trump administration officials have previously said Iran is complying with the accord. Trump had until May 12 to decide whether to waive sanctions as the deal requires if Iran is complying, and he made his announcement four days early. There was an inevitability about Tru