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Letter from Washington

Letter from Washington

“U.S., China Close In on Trade Deal.”  Sunday afternoon’s Wall Street Journal article led with: China and the U.S. are in the final stage of completing a trade deal, with Beijing offering to lower tariffs and other restrictions on American farm,...
Letter from Washington

Letter from Washington

“Five Things to Watch in the January Jobs Report.”  This morning’s Wall Street Journal article led with: The U.S. government releases its broad measure of the January labor market [at 8:30 AM EST] on Friday. Economists surveyed by The Wall Street...
The Trump White House and US stock market risk

The Trump White House and US stock market risk

Trump’s post Charlottesville remarks, the Barcelona terrorist attacks and Cisco’s results unnerved the US stock market bulls last week. Friday was a surreal moment in the history of Wall Street. It was entirely rational for traders on the New York Stock Exchange floor...