Archive for July 23rd, 2018

New Overnight Developments Abroad - Daily Update

The Trump Factor Strengthens Dollar but Depresses Global Stocks This Monday

July 23, 2018

Today’s menu of market-moving factors has been short on data but long on Trump pot stirring. The U.S. president over the weekend Questioned the Fed policy of rate normalization. Presidential criticisms of monetary policy are infrequent because such can often backfire, but precedents do exist. Bush41 criticized Fed tightening in 1989-90 and later blamed Greenspan […] More