Recent Posts

Job opening for Trump’s defender-in-chief ignites jockeying

Bloomberg At least three Republicans are jockeying to serve as President Donald Trump’s first line of defense against any effort by House Democrats to seek his impeachment, a job that that carries high risk and narrow rewards. The position: top GOP seat on the House Judiciary Committee, which could investigate whether there are grounds to remove Trump from office. The ...

Read More »

US stocks rally, technology surges after steep decline

Bloomberg US stocks climbed on tech strength, trimming recent losses from the sharp declines across asset classes during Tuesday’s session. Treasuries erased a drop and the dollar fell amid speculation the Federal Reserve may soften its policy stance. All major benchmarks were higher, with the Nasdaq 100 Index leading gainers and erasing more than half of Tuesday’s decline. Retailers and ...

Read More »

Dot-com ghosts still haunt emerging stocks as tech profit stalls

Bloomberg The deepest bear market since the financial crisis in developing-nation technology stocks probably has further to run as earnings disappoint and analysts slash their profit estimates. Companies in the MSCI emerging-market tech gauge are missing earnings forecasts for the first time in almost 18 months, based on 12-month rolling data. Combined with deepening trade tensions, that’s leading analysts to ...

Read More »
Send this to a friend