Confusion reigns on Wall Street

Earlier this week, with the deadline looming with Mexico of next Monday, the U.S. job growth came out showing that nonfarm payroll increase in May missed expectations by a wide margin [75,000 vs 180,000]. The markets which usually would have taken a leg down on this...

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Trump goes rogue and takes down the market

Have you been enjoying our never-ending trade war with China? Well, you now get a 2 for 1 deal. There is a trade war with Mexico as well. The markets didn’t take this kindly and neither did the Mexican President, but, that’s another matter. Ray Dalio, CEO of...

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Another addiction – More $$$

The opioid crisis which was largely created by large pharma companies to begin with, has now wound itself from distributors like Rochester Drug Cooperative to small pharma companies like Purdue Pharma to finally hit the big guns - Johnson & Johnson, Teva Pharma...

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Anyone know why the market is down?

Unlike in the US where, if there was a selloff in the stock markets, you would hear it ad nauseum from the CNBC, CNN, Bloomberg etc., where experts weigh in on the reasons causing the drop in the Dow, S&P 500 and the Nasdaq - in China, it is a different story....

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Blackout or lights out?

Pacific Gas & Electric (PGE), beset with lawsuits stemming from the fires it created last year from downed power lines, has come up with an innovative strategy to prevent further lawsuits - cut power to households that it deems to be a risk when high winds...

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Mueller report and the Notre Dame Fire

here were only two things that occupied the news this week - and both were largely insignificant but important nonetheless. The Mueller report was already headed to the garbage can even before it was released and that’s where it ended up with all the red-acted pages....

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