Giants fall after bad news

Giants fall after bad news

The Trump Administration's long-anticipated anti-trust War on Silicon Valley is starting to look more like a blitzkrieg. After WSJ opened the floodgates by quietly publishing the first report, about an anti-trust probe into Google, late Friday night, reports exposing new details about the anti-monopoly push, which will also encompass Amazon and, now, Facebook, have been...
Trump introduced new high tarrifs on Mexiko

Trump introduced new high tarrifs on Mexiko

U.S. President Donald Trump, responding to a surge of illegal immigrants across the southern border, vowed on Thursday to impose a tariff on all goods coming from Mexico, starting at 5% and ratcheting much higher until the flow of people ceases. Trump’s move dramatically escalates his battle to control a wave of tens of thousands...
Has the bull trend ended?

Has the bull trend ended?

With every passing day that the US China trade war is not resolved, it appears that Morgan Stanley's bearish equity strategist, Michael Wilson pay attention to the next chart: As Wilson notes, looking at the most recent disappointing macro data including poor durable good, capital spending and Markit PMIs, "recent data points suggest US earnings...
DAX reacted negatively after sentiment news

DAX reacted negatively after sentiment news

Euro zone economic sentiment was better than expected in May, rebounding after 10 consecutive monthly falls thanks to more optimism in the biggest sector, services, but also in industry and among consumers, European Commission data showed on Tuesday. The Commission’s economic sentiment indicator for the 19 countries sharing the euro rose to 105.1 in May...
Trump had a press conference in Japan

Trump had a press conference in Japan

U.S. President Donald Trump pressed Japanese Prime Minister Shinzo Abe on Monday to even out a trade imbalance with the United States and said he was happy with how things were going with North Korea despite its recent missile and rocket launches. Trump told a news conference with Abe after their summit that he wanted...