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Market News and Commentary – Wall Street Underground

Maher: Trump ‘Sounds Like He’s Setting Up’ Martial Law . Italy must ‘calm down’ and stop questioning the Euro: Draghi. Biden: Trump is ‘trashing American values.’ Trump speaks to Saudi King, sends Pompeo for follow-up. Sears files for Chapter 11 bankruptcy in attempt to keep stores open for now. U.S. retail sales are soft for [...]

Market News and Commentary – Wall Street Underground

Dow Tumbles Over 500 Points, Bringing 2-Day Losses To More Than 1,300 Points . America’s obesity is threatening national security, according to this study. Oil supply and demand reach record 100 million barrels a day. May vows she will NEVER sign up to a Brexit deal that traps the UK in the customs union ‘permanently.’ [...]

Market News and Commentary – Wall Street Underground

Trump Says Fed ‘Has Gone Crazy’ Following Stock Market Selloff . Report: Saudi Crown Prince ordered detention of journalist critic. UK surveyors see weakest house price outlook since Brexit vote – RICS. Manufacturers fighting Trump’s tariffs. Leaked Google research shows company grappling with censorship and free speech. Trump briefed on stock market sell-off: Sears prepares [...]

Market News and Commentary – Wall Street Underground

‘Extremely Dangerous’ Hurricane Michael Strengthens To Category 4 Storm . Fed’s Kaplan says he doesn’t expect a sudden spike in inflation. Haley announces she is resigning as UN Ambassador, says U.S. is respected again. Sales down 18% at VW, latest auto maker dented by emissions rules. Trump criticizes Fed rate increases again. Global financial stability [...]

Market News and Commentary – Wall Street Underground

The Trump Administration Just Escalated Its High-Stakes Competition With China . Colin Powell rips Trump on immigration, NATO, anti-press rhetoric. Russian official tied to Trump Tower meeting dies in helicopter crash. U.S. tariffs on China aren’t a short-term strategy. Brett Kavanaugh sworn in as U.S. Supreme Court justice. Donald Trump: Women ‘are extremely happy’ with [...]

Market News and Commentary – Wall Street Underground

Tech Stocks Tumble As Market Momentum Stalls . Job growth slumps in September, but the unemployment rate hits the lowest level since 1969. Top U.S. admiral warns of Russian submarine threat. Ford to cut jobs as it reorganizes salaried workforce. Netflix is down 15% from its high, and there could be more pain ahead. Consumer [...]

Market News and Commentary – Wall Street Underground

Wall Street Stumbles As Bond Yield Climb Continues . Dow falls the most in 2 months on fears of rising rates as 10-year yield hits highest since 2011. The big hack – China used a tiny chip to infiltrate U.S. companies. Zuckerberg faces anger over Facebook executive’s Kavanaugh support. Oil markets could witness modest surplus [...]

Market News and Commentary – Wall Street Underground

Exclusive: Saudi Arabia, Russia Agreed In September To Lift Oil Output, Told U.S. . Fed’s Powell sees ‘remarkably positive outlook’ for economy that may be ‘too good to be true.’ This bull market run has echoes of the late 1920s, Nobel Prize-winning economist Shiller says. U.S. Gross National Debt jumps by $1.27 trillion in fiscal [...]

Market News and Commentary – Wall Street Underground

New Reports Question Kavanaugh’s Credibility On Past Drinking Behavior, When He Knew About Allegations . Iranian missile strike called a warning to U.S. military in Syria. Unraveling a Tesla mystery: Lots (and lots) of parked cars. Tax cuts provide limited boost to workers’ wages. Too much oil? Texas boom outpaces supply, transport networks. Ryanair warns [...]

Market News and Commentary – Wall Street Underground

Trump Hails ‘Great Deal’ On US-Canada-Mexico Trade . OPEC ‘powerless to prevent’ oil prices jumping toward $100 a barrel this year. Merkel warns Trump against ‘destroying’ UN. Saudi shelves $200 billion SoftBank Solar project: WSJ. Trump says he and Kim Jong Un ‘fell in love,’ praises relationship with North Korea. Yale classmate says Kavanaugh misled [...]

Market News and Commentary – Wall Street Underground

Russia Delivering Advanced Air Defense To Syria, Despite U.S. Objections . North Korea says ‘no way’ will disarm unilaterally without trust. Russian-U.S. tycoon boasted of ‘active’ involvement in Trump election campaign. Asian stocks lower on U.S.-China trade worries. Israel: IAEA failed to act on Iran’s ‘secret atomic warehouse.’ If Trump abandons globalism, American interests will [...]

Market News and Commentary – Wall Street Underground

Facebook Hack Exposed 50 Million Users’ Info — And Accounts On Other Sites . The upward march of oil prices shows few signs of stopping. Judge lets Democrats in Congress sue Trump over foreign payments. South Korea’s LG Display to cut jobs through voluntary retirement. Mexico says U.S., Canada could reach new NAFTA deal in [...]

Market News and Commentary – Wall Street Underground

Senate GOP Agrees To One-Week Delay On Kavanaugh Supreme Court Confirmation To Allow For FBI Probe . Italy hikes deficit goal, defies EU and rattles markets. Saudi Arabia in short-term oil fix, fears extra U.S. supply next year. Global funds raise U.S. stock holdings to three-and-a-half-year high. China says it won’t be pushed around by [...]

Market News and Commentary – Wall Street Underground

Fed Lifts U.S. Rates By Quarter Percentage Point . U.S. gasoline prices at seasonal four-year high ahead of midterm elections. CEOs are using the market boom to quietly cash in their own chips. IMF increases Argentina bailout package to $57 billion. A robot that can peel lettuce takes us closer to automating delicate farm work. [...]

Radio Free Wall Street – Wall Street Underground

Do We Really Want A Supreme Court Judge Who Spent His College Days Drunk And Passed Out? . And attended, at the very least, toga parties? I mean, the job does require judgement. It might be ok for a Top Gun fighter pilot but not a Supreme Court Judge. We talk about this in today’s [...]

Market News and Commentary – Wall Street Underground

BREAKING: Michael Avenatti Reveals Client Making ‘Gang Rape’ Allegation Against Kavanaugh . Oil continues to soar on supply concerns. China leads world stocks higher ahead of Fed rate decision. Qualcomm accuses Apple of giving its intellectual property to Intel. Pentagon innovation leader warns U.S. falling behind China. These stories and more in today’s Market News [...]

Market News and Commentary – Wall Street Underground

Some World Leaders Laugh As Trump Claims His Administration Accomplished More Than Others . Trump opened UN speech by bragging about his administration’s domestic achievements. PM May – No-deal Brexit better than current EU offer. The Fed has a lot to talk about besides higher interest rates. Stock investors should be wary of consumer confidence [...]

Market News and Commentary – Wall Street Underground

Trump, Deputy Attorney General Rosenstein To Meet On Thursday . BIS warns global economy risks crisis relapse. NBC News/WSJ poll: Democrats hold the advantage in November’s elections. U.S. student debt might lead to the next financial crisis. Russia to supply Syria with air-defense system, raising tensions with Israel. These stories and more in today’s Market [...]

Market News and Commentary – Wall Street Underground

Yield Curve Flattening End Of Bull Market In Stocks Is Neigh . Next crash will be ‘worse than the Great Depression.’ Theresa May’s team plot snap election to save Brexit. From reality TV to U.N., Trump to wield Security Council gavel. China summons U.S. ambassador to protest sanctions over Russia military equipment. Venezuela crisis: Chinese [...]

Market News and Commentary – Wall Street Underground

Wal-Mart Warns Tariffs Will Raise Prices And Tax American Businesses . Target is ‘deeply troubled’ over Trump’s tariffs. EU’s Brexit hard line angers Theresa May. Wells Fargo plans to cut up to 10% of workforce in the next 3 years. U.S. oil sanctions on Iran threaten global supplies, but a demand slowdown poses a real [...]

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