British distributive trades survey

Dollar Up and Stocks Down as Impeachment Inquiry Opens Against Trump

September 25, 2019

House Speaker Pelosi ended her previous resistance to calls for Trump’s impeachment, raising the political risks to both Democrats and Republicans. The United States and Great Britain, which led the free world’s fight against fascism in the 20th century, are now both enmeshed in constitutional crises. Equities fell overnight by 1.3% in South Korea and […] More

A Risk Averse Tuesday

June 25, 2019

Persistent concerns about U.S. relations with Iran and China are weighing on stocks and lifting the price of gold. Another worry is the greater perceived likelihood of a non-negotiated Brexit. Share prices in Asia fell 1.2% in Hong Kong, 0.9% in China, 0.7% in Taiwan and 0.4% in Japan. Stocks in Europe have declined so […] More

U.S. to Release Several Indicators Today

March 26, 2013

Misgivings persist over the Cyprus bailout, which continues to be handled clumsily.  Banks in that country remain closed today and tomorrow.  European finance ministers first suggested the deal might be a trendsetter for other banking systems in trouble but then reverted to calling Cyprus a special case. Attention now shifts to the United States.  In […] More

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