Months before the 2020 election, President Donald Trump was repeatedly proclaiming that the only way he could lose would be if the election were “rigged.” And so, just hours after it had become clear that Joe Biden was the winner, Trump began complaining that the election had been stolen from him. Indeed, to this day, he has been repeating his...
China’s Economic Stagnation May Be Ending
In his podcast addressing the markets today, Louis Navellier offered the following commentary. Persistent Inflation The Commerce Department on Thursday reported that the Fed’s favorite inflation indicator, namely the Personal Consumption Expenditure (PCE) index, rose 0.2% in July and 3.3% in the past 12 months. The core PCE, excluding food and energy, rose 0.2% in July and 4.2% in the...
Legal Demand To Remove Trump From Ballot Filed In NH
Legal Demand to Remove Trump From Ballot Filed in NH; Proposes Public Hearings on Both Evidence and Procedure Legal Demand Filed To Remove Trump From Ballot WASHINGTON, D.C. (August 31, 2023) – A formal legal demand has been filed seeking to keep former president Donald Trump off the primary ballot in New Hampshire pursuant to ARTICLE XIV, Section 3, of...
Asia markets higher as China cuts reserve requirement; Hong Kong halts trading as typhoon approaches
Asia-Pacific markets were largely higher as China’s factory activity expanded in August and traders look to a slew of other economic data in the region.
China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’
China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries.
Global growth is set to slow — but there are ‘pockets of resilience,’ Moody’s says
A global slowdown in growth and stickier inflation risks persist, but some pockets of resilience remain, said Moody’s Investors Service.
Philippines, Taiwan, Malaysia reject China’s latest South China Sea map
China released the map on Monday of its famous U-shaped line covering about 90% of the South China Sea, a source of many of the disputes in the contested waterways.
September is the cruelest month for stocks. Pros share their trading tips — and what to buy
After a choppy August, September — a historically stormy month — may not be any better. The pros weigh in on how investors can trade in the month ahead.
Fintech giant Wise allowed Russia sanctions target to withdraw money, U.K. government says
An individual on the U.K.’s Russia sanctions list was allowed to make a withdrawal of £250 ($316.63) from a business account on Wise, a government body said.