August 23, 2019 The Fed had investors feeling misunderstood this week. Addressing a crowd at the Kansas City Fed’s Annual Economic Policy Symposium in Jackson Hole, Federal Reserve Chairman Jay Powell disappointed markets as he continued to signal that the central bank would not be undertaking a more aggressive campaign to lower interest rates in…
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August 16, 2019 Markets continued to search for direction this week, glued to every twist and turn in the on-going U.S.-China trade war. Stocks appeared set to get a lift early in the week as the Trump administration announced it would push back China tariffs on cellphones and clothing slated to begin on Sept. 1…
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August 9, 2019 The trade fight between the U.S. and China took a brief turn for the worse on Monday as China allowed its currency to devalue against the U.S. dollar. The move was seen as a warning shot to Washington, intending to show that China can offset the effects of new tariffs by simply…
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