Markets are worried about China talks, Brexit, Turkey/Syria, Iran, and Trump impeachment. Producer prices fell 0.3% in September, well below the consensus estimate of 0.1% and the largest monthly decline in over four years. Markets are starting to feel the pain. Fed rate cut and repo fund injection currently saving the market. repo injections are NOT the same as QE and do not forget the tariffs for October 15 are still in place.
Breaking news is being broadcasted around the U.S. media networks for the American population to speculate on isn’t enough to predict the U.S markets. President Donald Trump gets so much attention on social media using the platform called Twitter addressing American trading partners, political foes, and media companies. He often talks about the strength of the world’s largest economy and its publicly-traded companies. President Trump tweets on trade have much more of an impact on the expectations of the market than what the Federal Reserve monetary policy has.
Breaking news is being broadcasted around the U.S. media networks for the American population to speculate on isn’t enough to predict the U.S markets. President Donald Trump gets so much attention on social media using the platform called Twitter addressing American trading partners, political foes, and media companies. He often talks about the strength of the world’s largest economy and its publicly-traded companies. President Trump tweets on trade have much more of an impact on the expectations of the market than what the Federal Reserve monetary policy has.
Dow Jones Index
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