Connect with us

Politics

Here’s What You Missed 3/18/19

Daniel Chase

Published

on

stock_price_news

We are the product of who we’ve learned lessons from. As a result of this concept, some of us learned life lessons from people who were less than qualified to do so. It is for this reason, among many others, that I believe good teachers are the most important people in modern society. Think about how much time you spent in a classroom versus at home with your parents. Teachers are responsible for showing children everything from how to interact with people, to when to advocate for yourself in situations of peril.

Taking this concept one step further, much like people we choose to not associate with, we have all had a teacher/teachers who left a bad taste in our mouths. These individuals were overworked, underpaid, and made it clear to their students about both of these personal issues. The best teachers take those shortfalls in stride and still do their best to help us become wholesome members of society.

If you haven’t, thank a teacher that’s done something for you. Here’s what you missed in the news over the weekend. 

We Need Answers 

Last week, on Sunday, the world was informed of the tragic crash of an Ethiopian Airline flight during which a Boeing 737 MAX 8 aircraft was being flown. Aside from the friends and family members of the victims, people are concerned that the Federal Aviation Administration is hiding information, especially because a few months earlier, a crash happened with the same FAA-approved aircraft. 

“Teams of FAA engineers and inspectors conduct regular oversight of an ODA to ensure any approvals or certificates issued meet the FAA’s strict safety standards..Having said that, the FAA has vey little, if anything, to do with the actual manufacture of the aircraft once it’s been approved to be manufactured…That needs to be looked at.”

David Sourcie, former FAA safety inspector 

Eggsactly What We Need Right Now

Over the weekend, an anonymous Australian teenager smashed an egg atop the head of Senator Fraser Anning, an outwardly spoken anti-Muslim member of the Australian government. For those who’ve failed to pay attention to the news, on Friday, a gunman killed over fifty people after he opened fire at two separate mosques in the city of Christchurch, New Zealand. Directly after the shooting, Sen. Anning said that “while this kind of violent vigilantism can never be justified, what it highlights is the growing fear within our community, both in Australia and New Zealand of the increasing Muslim presence. The real cause of the bloodshed on New Zealand streets today is the immigration program which allowed Muslim fanatics to migrate to New Zealand in the first place. 

Following his speech, the famous teenager egged Sen. Anning, and the Senator then punched the 17-year-old boy, causing even more people to regret every voting him into office. 

Continue Reading
Click to comment

Featured

Fed Announces No Rate Cuts, But Sees A Cut In The Future

Joe Samuel

Published

on

fed rate cut jerome powell

For the past couple of years, the United States Federal Reserve has been in the middle of a lot of speculation. The trade war between the United States and China has created a clamor for cuts in interest rates.

But on Wednesday, the Fed held the interest rates as they were. Furthermore, the Fed officially announced that no cuts in interest rates were forthcoming in 2019. It’s interesting to note that the markets are betting heavily on a forthcoming rate cut from the Fed. Some even expect the cuts to be formalized in July.

Rate Cut Ahead?

The Fed has ruled out the possibility of any cuts this year (allegedly). But many market watchers believe that a lot depends on how the market conditions evolve over the coming months. The uncertainty regarding the trade war with China is a major problem.

Yet experts believe that if it turns into a prolonged skirmish, then the Fed might reconsider its position. The United States President Donald Trump has led been campaigning for lower rates from the Fed for some time.

After having delivered his statement on Wednesday, the Chairman of the Federal Reserve Jerome Powell seemed to imply that rate cuts could not be completely out of the question in 2019.

“Many participants now see the case for a somewhat more accommodative policy has strengthened.”

The decision by the Fed was possibly one of the most-watched events in recent times. Long-term ramifications are the main concern.

Market participants had been calling for multiple cuts. But the Fed voted to keep benchmark rates within the 2.25% and 2.5% range. It was the range that had been back in December when the Fed had controversially raised the interest rates. The voted had been passed 9-1 in favor of holding the rate.

Continue Reading

Featured

Trade Talks Fail, What’s Next For The Market?

Jon Phillip

Published

on

trump tariff china

The trade war between the United States and China has probably been the biggest economic and diplomatic development since the turn of the year. Although the world’s two biggest economies were locked in talks for months over a new trade deal, it all unraveled quickly.

This happened when US President Donald Trump stated that the Chinese went back on their word. He then imposed tariff hikes on Chinese goods last Friday. The tariffs were raised to an astonishing 25% on goods worth $200 billion. Although Trump might believe this might bully the Chinese into submission, many experts believe that might not be the case.

Difficulty in Completing Deal

The President had imposed these tariff hikes right before the Chinese delegation was supposed to show up at Washington. This was for which many had believed was going to be the last round of talks. However, experts now feel that the escalation of tensions between the two countries following the latest developments will make it difficult to reach a deal that could be considered a win for the US. As soon as the tariffs kicked in, Beijing announced that it was looking at countermeasures as well. However, there were no specifics on the nature of these measures.

Last year, the two nations had been embroiled in a damaging retaliatory tariff war and it could lead to a protracted trade war, if the Chinese decided to resort of the same tactics. The Chinese delegation is going to be in Washington this week to engage in another round of talks but it is believed that a binding trade deal is unlikely to be signed.

Is A Trump Win Likely?

One of the biggest reasons why the deal might not be signed anytime soon is perhaps the fact that the US President needs to be able to claim it as a win for himself. The President has staked his personal weight behind a favorable deal for the US. But with every passing day, it is looking increasingly unlikely that it is going to happen.

If that is to happen, then China’s entire way of doing business will need to change. This is starting at intellectual property theft and expands to technology transfers by force from US companies. If those things are not part of the deal, then it would not be the sort of deal that can be claimed as a win for the US. It doesn’t help that today, China came in with its own tariffs. China will raise tariffs on $60 billion in U.S. goods, the Chinese Finance Ministry said Monday.

And in true Trump fashion, the U.S. may not be done retaliating. The U.S. President has threatened to put 25% tariffs on $325 billion in Chinese goods that remain untaxed. The president has signaled he is content leaving the duties in place, arguing they will damage China more than the U.S. What are your thoughts?

Continue Reading

Featured

Can 102 Words Really Impact Stock Prices?

Joe Samuel

Published

on

trump tweet

In short, the answer is yes.  We’ve witnessed, first hand, this week how just a few words can drastically impact the stock market.  If you’re just tuning in, at the beginning of the first full week of May, U.S. President Donald Trump Tweeted out a 102-word post that ended up triggering a sell-off costing the global markets around $1.36 TRILLION…with a “T”!

The “Trump Tweet” expressed that he would once again increase tariffs on Chinese goods by the end of this week. What followed has been a shock to the global markets with futures pointing at dramatic declines every day this week.  Though some say that the decline are all but a speed bump, it still hasn’t helped the fact that this drop is one of the worst seen all year. People like Kerry Craig of JPMorgan Asset Management think that a trade deal can still be reached.  The expectations, however, have been readjusted to reflect a more long-term time horizon.

Eyes Turn Toward The Second Half Of The Week

Other analysts like Oanda Asia Pacific’s Jeffrey Halley feel that investors are prudently “lightening their loads.” Halley said, “My feeling is that investors are lightening their portfolios as a precaution.”

All eyes are on the second half of this week.  As we reported on May 7th, Vice Premier Liu He, China’s top trade negotiator will be heading to the US to talk trade this week.  

“Liu will be in the U.S. from May 9-10. The invite comes from both the U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin.” Regardless of what “will happen,” what has happened thus far has been an emotionally charged & very fragile global market. As this story develops we will continue to follow with more updates.

Continue Reading

Join Our Newsletter

Get stock alerts, news & trending stock alerts straight to your inbox!


Privacy Policy

We keep all user information pricate & promise to never spam.*

Stock Price Free Text List

Search Stock Price (StockPrice.com)




Trending

Subscribe Now & Begin Receiving Free Stocks News, Articles, Trade Alerts & MORE, all 100% FREE!

We are your #1 source for all things Stock Market & Finance, Subscribe Below!

Privacy Policy: We will NEVER share, sell, barter, etc. any of our subscribers information for any reason ever! By subscribing you agree we can send you via email our free e-newsletter on stock market & finance related, articles, news and trade alerts. Further questions please contact privacy@stockprice.com