What Happened This Week 3/29/2019

What Happened This Week 3/29/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 🤝Treasury Secretary Steve Mnuchin announced that trade talks with China are “very productive” and the two sides are simply working out the language translations in each country’s report. The nearly year-long trade war seems to be approaching an end.   🇬🇧UK Prime Minister Theresa May announced she will resign after Brexit concludes on Wednesday. The news follows more […]

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What Happened This Week 3/22/2019

What Happened This Week 3/22/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️ 🇨🇳 Chinese tariffs will not be lifted until Beijing shows proof of compliance with any trade deal agreed upon, President Donald Trump announced on Tuesday, causing investors to worry that this trade war is more aptly described as a ‘trust’ war between the two nations.  Crude oil to reached its highest level in 4 months, surpassing $60 for the first time since […]

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What Happened This Week 3/15/2019

What Happened This Week 3/15/2019

WHAT HAPPENED THIS WEEK?   Fast Facts ✈️Another one of Boeing’s (BA) 737 Max model crashed this weekend in Ethiopia, killing all 157 passengers. Boeing stock fell 10% pre-market on Monday and continued to fall throughout the week as nearly all major countries, including the US, called for the specific model to be grounded indefinitely following its 2nd major crash in the past 6 months. […]

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What Happened This Week 3/8/2019

What Happened This Week 3/8/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 📈The US trade deficit grew to $891 billion in 2018, a 10-year high, after adding over $100 billion since Trump took office. US Markets declined over 2% as investors digested this news amidst trade war concerns.   🗣President Trump publicly criticized Federal Reserve Chair Jerome Powell again this weekend, accusing Powell of “liking” raising rates. Markets are currently […]

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What Happened This Week 3/1/2019

What Happened This Week 3/1/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 🎬Green Book won the Oscar for best picture on Sunday, a surprising victory for the low-budget filmed produced by an Alibaba (BABA) subsidiary.   🛠Amazon (AMZN) is deploying tools to prevent fake goods from making it to its site, the company announced this week in a response to the continued backlash over counterfeit products.   🚙Apple (AAPL) fired […]

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