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Wealth 101
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Wealth 101
June 14, 2019
Crude Language
Crude language. Stocks climbed yesterday on troubles in the Gulf and gaining hopes for a Fed rate cut. It was another twisted case of bad is good as stocks climbed on news of two tankers being torpedoed at the mouth of the Persian Gulf sending energy shares higher yesterday.
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June 13, 2019
Flash Point!
Flash Point! Stocks slumped yesterday as tensions about trade ran high and energy continued to slip. Stocks could not muster the positive spirits for a second day in a row as traders cross their fingers for a trade deal and a Fed move.
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June 12, 2019
Takin' it slow
Takin’ it slow. Stocks ended their winning streak yesterday as traders pondered trade war impacts and Fed policy. With very little news to consume, investors relied on China policy and twitter to drive the market.
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June 11, 2019
Up-Timism
Up-timism. Traders were optimistic in the wake of Trump’s decision to drop his tariff threat to Mexico and they took stocks up for a fifth straight session. Despite early session excitement the still-looming threat of the Chinese trade dispute dampened the rally and stocks closed off their session...
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June 10, 2019
Bad is the New Good!
Bad is the new good! Stocks surged on Friday with increased hopes of a Fed rate cut. A soft jobs number was perceived as the final straw to push the Fed over the easing line.
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June 7, 2019
Rate Fate
Rate fate. Stocks climbed for a third straight session as rumors emerged that the Administration would delay the onset of Mexican tariffs. Investors continue to ponder rate cuts in the wake of dovish-ish comments by the Fed and they feel emboldened.
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