Financial Review

And Bounce

Informações:

Synopsis

…Stocks rebound on hopes of no trade war. Facebook under fire. Google facing Euro breakup. Remington BK. No crypto tweet. NY Fed’s Dudley bankers need to stop rewarding bad behavior. Financial Review by Sinclair Noe for 03-26-2018   DOW + 669 = 24,202 SPX + 70 = 2658 NAS + 227 = 7220 RUT + 33 = 1543 10 Y + .01 = 2.84% OIL – .39 = 65.49 GOLD + 6.40 = 1354.20   Last week was one of the worst weeks for stocks in years. Today was one of the best – the third best session in the History of the Dow, at least on a point basis. Last week, the US was talking about imposing stiff tariffs on Chinese goods, and China was talking about scaling back purchases of US Treasuries in response. And just as talk of another potential “Black Monday” was making the rounds, Steven Mnuchin of all people quelled the nerves.   The Treasury secretary said Sunday that he’s optimistic the U.S. can reach an agreement with China that will avert the need for Trump to impose tariffs on at least $50 billion of goods from the country. And just li