Despite bad news in the trade war, US indices held up well yesterday. Wall Street views the meeting between Trump and Fed Chairman Powell as positive for the market. Today Trump tweeted that he had told Powell that US interest rates were too high compared to other countries. But that Trump thinks so, Powell already knew before, so why this strange meeting? Obviously there is something hidden from us, and while Wall Street (as always) sees the glass half full, the question arises whether the collapse of the repo market or the trade war was the real topic of the meeting. Liquidity still seems to be pushing any rationality out of the stock markets…
We had already reported on the upcoming MEGA week on the markets. In his current video (german) Jochen Stanzl also discusses numerous upcoming quarterly figures as well as the upcoming ECB meeting. He also discusses […]
Stock markets: More sellers than buyers – or why current events have a lot to do with the Stone Age.
If you want to describe the situation on the stock markets, you could say: there will probably be more sellers than buyers in the next few days and weeks! The reason for this is logical: […]
Donald Trump has arrived in London to take part in the NATO summit. In front of reporters, the US president shoots mainly against France, but also against the EU! The USA will put tariffs on […]