What Happened This Week 6/29/2018

What Happened This Week 6/29/2018

Trade War Fear Worries Investors The stock market took some hits this Monday due to fears of an impending trade war between the U.S. and China. The S&P 500 (S&P) lost 1.4%, but despite spending most of the session at a low, it managed to close a tick above its 50-day moving average. On the other hand, the Dow Jones (DJI) lost 1.3% and ended […]

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What Happened This Week 6/22/2018

What Happened This Week 6/22/2018

Trump Pulls US Out of UN Human Rights Council On Tuesday, June 19th, the U.S. announced its decision to leave the United Nations Human Rights Council. The Trump administration based this move on the prevalence of discussions about Iran during most UNHRC meetings, which the U.S. found to be harmful to the goal of keeping the peace. The United States demands reforms to be made […]

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What Happened This Week 6/15/2018

What Happened This Week 6/15/2018

Strong Growth is Leading to a More Aggressive Fed Federal Reserve officials have raised interest rates for the second time this year. Although this move was widely expected, the surprise in the report was that the Fed communicated that they expect that they will raise rates two more times in 2018. In the press conference, Fed Chairman Jerome Powell stated that economic growth is strong […]

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Trading Risk: The North Korea Summit

Trading Risk: The North Korea Summit

The Situation   For the past several weeks, a proposed summit between President Trump and North Korean leader Kim Jong Un seems to have been whimsically planned, cancelled, and re-planned. However, most recent developments suggest that the summit is confirmed and will go ahead as planned on June 12.   The North Korea summit saga, like other recent political issues such as tariff disputes, has […]

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