Market News and Commentary – Wall Street Underground

By Nick Guarino | September 20, 2018

Sources Jeremy Siegel: The Stock Market Could Be Headed For A ‘Little Bubble’ Just Like In January

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Dow jumps more than 250 points to record high as Apple rises and trade-war fears simmer down. Jack Ma recants 1M job promise on U.S.-China tensions. China announced 5% to 10% tariffs on $60 billion in U.S. goods in retaliation for import duties announced by Washington on $200 billion in Chinese goods. Both sets of tariffs are set to take effect on Sept. 24. Michael Cohen spoke to Mueller team for hours; asked about Russia, possible collusion, pardon. These stories and more in today’s Market News and Commentary.

Market News and Commentary for September 20th has been posted. Click here to listen now.
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Radio Free Wall Street – Wall Street Underground

By Nick Guarino | September 19, 2018

Brexit, U.S. Trade Wars Will Change Global Money Flows

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We talk about this in today’s Radio Free Wall Street.
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Radio Free Wall Street’s daily webcast for September 19th has been posted. Click here to listen now.
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Market News and Commentary – Wall Street Underground

By Nick Guarino | September 19, 2018

Trump On Sessions: ‘I Don’t Have An Attorney General’

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Senate approves $854B spending bill. Most U.S. states lack reserves to weather next recession: S&P. Trump says he is not concerned about Manafort cooperation. EIA: US crude inventories decrease 2.1 million bbl. Oil climbs as EIA reports a 5th-straight decline in U.S. crude stockpiles. These stories and more in today’s Market News and Commentary.

Market News and Commentary for September 19th has been posted. Click here to listen now.
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Radio Free Wall Street – Wall Street Underground

By Nick Guarino | September 18, 2018

Trade War Has Started

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China has now retaliated and it’s going to go crazy. The markets are in denial. It won’t last long. We talk about this in today’s Radio Free Wall Street.
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Radio Free Wall Street’s daily webcast for September 18th has been posted. Click here to listen now.
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Market News and Commentary – Wall Street Underground

By Nick Guarino | September 18, 2018

May Cautions: Support My Brexit Deal Or Face No Deal

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Trump slaps tariffs on $200 billion in Chinese goods, spares some consumer tech. U.S. trade war with China isn’t winnable, but Trump will likely claim victory anyway. Wall Street pay jumps to highest since financial crisis. These stories and more in today’s Market News and Commentary.

Market News and Commentary for September 18th has been posted. Click here to listen now.
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Radio Free Wall Street – Wall Street Underground

By Nick Guarino | September 17, 2018

Trump Has Started A Trade War

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He’s not going to back down and neither are the Chinese. Markets are truly underestimating how serious this is. We talk about this in today’s Radio Free Wall Street.
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Radio Free Wall Street’s daily webcast for September 17th has been posted. Click here to listen now.
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Market News and Commentary – Wall Street Underground

By Nick Guarino | September 17, 2018

Trump Announces 10% Tariffs On $200B In Chinese Goods

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U.S. imposes new $200bn tariffs on China. Trade war could become currency war depending on how China fights back. These stories and more in today’s Market News and Commentary.

Market News and Commentary for September 17th has been posted. Click here to listen now.
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Market News and Commentary – Wall Street Underground

By Nick Guarino | September 16, 2018

WHITE HOUSE UNDER SIEGE

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Grim warnings for White House, Republicans ahead of election. Graham: Mueller is going to be allowed to finish investigation. China is considering declining the Trump administration’s offer of trade talks. ‘Illusion’ to think states can completely prevent financial crises – Weidmann. U.S. Border Patrol agent charged in 2-week killing spree. These stories and more in today’s Market News and Commentary.

Market News and Commentary for September 16th has been posted. Click here to listen now.
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Radio Free Wall Street – Wall Street Underground

By Nick Guarino | September 15, 2018

Trump Trade Sanctions Met By China Refusal To Even Meet With U.S. Reps

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We talk about this in today’s Radio Free Wall Street.
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Radio Free Wall Street’s daily webcast for September 15th has been posted. Click here to listen now.
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Market News and Commentary – Wall Street Underground

By Nick Guarino | September 15, 2018

Trump ‘Likely’ To Announce New China Tariffs As Early As Monday: Source

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Trump said to want tariffs on $200 billion of Chinese goods despite talks. The next crisis is still lurking in the financial system: ‘We never addressed the root cause.’ Trump administration to send U.S. cell phones a test alert on Thursday. These stories and more in today’s Market News and Commentary.

Market News and Commentary for September 15th has been posted. Click here to listen now.
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Radio Free Wall Street – Wall Street Underground

By Nick Guarino | September 14, 2018

Snitches Get Stitches

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Trump threat not enough to stop 5 of his former associates to take a plea deal. We talk about this in today’s Radio Free Wall Street.
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Radio Free Wall Street’s daily webcast for September 14th has been posted. Click here to listen now.
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Market News and Commentary – Wall Street Underground

By Nick Guarino | September 14, 2018

Paul Manafort Pleads Guilty, Will Cooperate With Mueller Probe

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Trump said to want tariffs on $200 billion of Chinese goods despite talks. Bloomberg: Manafort’s guilty plea includes some cooperation with U.S.. Trump wants tariffs on $200 billion more Chinese goods despite talks: source. Nobel Prize winner Shiller sees ‘bad times in the stock market’ ahead. Trump ‘orders further China tariffs.’ These stories and more in today’s Market News and Commentary.

Market News and Commentary for September 14th has been posted. Click here to listen now.
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Market News and Commentary – Wall Street Underground

By Nick Guarino | September 13, 2018

Bob Woodward’s ‘Fear’ Sells 750,000 Copies In 1st Day, Breaks Simon & Schuster’s Pre-Order Sales Record

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Kroger misses same-store sales estimates, shares fall. Oil prices fall as IEA data reveal rise in output among OPEC members. Retirees tax surprise from new law warned by IRS. There’s no way to avert the next financial crisis, warn former regulators from 2008 meltdown. UK Prime Minister May calls special meeting to discuss ‘no-deal’ Brexit. FBI Director Christopher Wray details Russia’s “information warfare” before midterms. These stories and more in today’s Market News and Commentary.

Market News and Commentary for September 13th has been posted. Click here to listen now.
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Radio Free Wall Street – Wall Street Underground

By Nick Guarino | September 12, 2018

America Is Now An Oil Super Power

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As we predicted many years ago. We talk about this in today’s Radio Free Wall Street.
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Radio Free Wall Street’s daily webcast for September 12th has been posted. Click here to listen now.
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Market News and Commentary – Wall Street Underground

By Nick Guarino | September 12, 2018

Washington Post: Sources Say Manafort In Talks With Prosecutors About Possible Plea

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Trump will undoubtedly face impeachment, says Watergate attorney. Fed’s Brainard says an inverted yield curve won’t get in way of rate hikes. Bank ‘living wills’ won’t save financial system from a panic, Bernanke and Geithner agree. These stories and more in today’s Market News and Commentary.

Market News and Commentary for September 12th has been posted. Click here to listen now.
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Radio Free Wall Street – Wall Street Underground

By Nick Guarino | September 11, 2018

Trump Stock Market Crash

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We discuss Trump’s impeachment and the fact the government has no chance of bailing out the financial system this time.
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Radio Free Wall Street’s daily webcast for September 11th has been posted. Click here to listen now.
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Market News and Commentary – Wall Street Underground

By Nick Guarino | September 11, 2018

Russia Launches Biggest Ever War Games

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Oil prices climb as Iran sanctions loom; U.S. looks to prevent supply shortfall. Trump only trusts ‘much smaller’ group of aides in White House after op-ed, Donald Trump Jr. says. One million Catalans rally for independence in Barcelona. Oil rises more than 2 percent as U.S. sanctions on Iran squeeze supply. The American Petroleum Institute reportedly shows a draw of 8.64M barrels of oil for the week ended Sep. 7, vs. a draw of 1.17M barrels, the largest since early July. Report: Permian producers hedging bets in fear of pipeline shortages. Trump’s sagging approval ratings have GOP staring at worst-case scenarios for midterm elections. Government has less power now to thwart next financial crisis, says former Fed official. These stories and more in today’s Market News and Commentary.

Market News and Commentary for September 11th has been posted. Click here to listen now.
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Radio Free Wall Street – Wall Street Underground

By Nick Guarino | September 10, 2018

The Shadow Banking System

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It’s how the trillion dollar banks have gotten around the regulations. The 2020 banking wipe out will be the BIG ONE. We talk about this in today’s Radio Free Wall Street.
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Radio Free Wall Street’s daily webcast for September 10th has been posted. Click here to listen now.
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Market News and Commentary – Wall Street Underground

By Nick Guarino | September 10, 2018

Ford Not Moving Production From China To U.S., Despite Trump’s Tweet

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The urgent question of Trump and money laundering. Bannon: Trump is facing a ‘coup.’ Sweden moves to the right in an election shaped by immigration. Trump official John Bolton declares International Criminal Court ‘dangerous’ and is ‘dead to’ America. Goldman bear-market risk indicator at highest since 1969: Chart. Boris Johnson says Theresa May is ‘wrapping a suicide vest around Britain’ with Brexit plan. These stories and more in today’s Market News and Commentary.

Market News and Commentary for September 10th has been posted. Click here to listen now.
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Radio Free Wall Street – Wall Street Underground

By Nick Guarino | September 9, 2018

You Are Witnessing The Historic End To The Trump Administration

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Trump is self destructing and as he has stated, if he is impeached or thrown out of the office, there will be a depression. You do not have to wipe out in the coming Trump tragedy. We discuss this in today’s Radio Free Wall Street.
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Radio Free Wall Street’s daily webcast for September 9th has been posted. Click here to listen now.
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