As U.S. Trade Deficit Widens, Trump Proves Loser at Own Game
When it comes to his oft-stated goal of reducing the U.S. trade deficit, President Donald Trump isn't winning. The current account deficit - a broad measure of the trade balance that also encompasses some investment flows - has averaged $48.9 billion a month so far in 2019, roughly 17% higher than in 2016, the last full year before Trump took office.
Enter Chinese Currency Policy 7.0
China will likely soon allow the yuan to fall past 7.0 to the U.S. dollar, and the move's effects will spillover as the rest of Asia weakens.
Manufacturers Slip Again as Durable-Goods Orders Fall for Third Month in Four
New orders for manufactured durable goods slipped by 1.3% in May to $243.4 billion, the U.S. Census Bureau reports. Economists had forecast no change during the month.
Economist Perspective: FX as Trade War Tool?
Does the Chinese yuan's value against the U.S. dollar have a ceiling?
The Weak Dollar Is the Main Force in the Market Right Now
Gold continues to run higher as the dollar continues to collapse.
Bitcoin at $1 Million Is Not Out of the Question, Says James Altucher
Altucher breaks down the math on bitcoin $1,000,000.
Bitcoin Continues to Shine Over Weekend
Digital cryptocurrency tops $11,000 on Saturday and hovers around $10,700 by Sunday at noon.
U.S. Banks Pass Fed's 'Stress Test' With Room for Dividends, Buybacks
The Federal Reserve's 'stress tests' of big banks requires them to maintain sufficient capital, even after a nightmare economic scenario in which stock prices fall by 65% and unemployment surges to 10%.
Watch the Worriers in the Rear-View Mirror
This is a market that is trending and hitting new highs, and it's better to fret about what might go right rather than what may go wrong.
Stocks and Bonds Won't Be the Only Assets Reacting to the Fed: Watch Commodities
Commodity prices are highly influenced by action in the currency markets which will undoubtedly have something to say about the Federal Reserve meeting.