Imagine if Obama . . . The moment Trump took office nearly four years ago, almost every single Republican in a position of power decided that the ends of his presidency were worth whatever the means. Since then, the stench of hypocrisy wafting out of Washington, D.C., has reached uncharted levels of foulness, as GOP politicians who were red-faced screaming over such Obama scandals as wearing a tan suit, Dijongate, and the “latte salute” give Donald Trump a pass on refusing to release his tax returns despite nearly everyone in his inner circle being charged with financial crimes; fomenting racial tensions; denigrating dead troops; and purposefully downplaying the threat of coronavirus. The people who support what Trump did yesterday will support whatever he does tomorrow. To them, it doesn’t matter how furious they would be if Obama did the same thing; if Trump did it, it was probably the right thing to do. As maddening as this disparity may be, though, it … [Read more...] about It’s time to impeach these 7 tired responses to the torrent of Trump news
Donald trump news yesterday
USDCAD moved down yesterday due to broad weakness in the US dollar on concerns about President Donald Trumps immigration policy which continued to generate risk aversion. The pair plunged below 1.31 levels yesterday but gains were capped on weakness in Oil prices. Overall, the pair declined more than 150 points to close at 1.3150 last week. Markets participants are also seeing investment opportunities in Canadian dollar due to uncertainty in US markets as Oil prices stabilize above $50. … [Read more...] about Loonie edges up amid uncertainty in Trump‘s policy
In the futures market, cotton for October delivery touched an intraday high of Rs 17,520 and an intraday low of Rs 17,440 per bale on the MCX. So far in the current series, the commodity has touched a low of Rs 16,060 and a high of Rs 18,260. … [Read more...] about Cotton futures firm at Rs 17,520 per bale in afternoon trade
Wall Street ended higher yesterday amid hopes that US President Donald Trump would elaborate more on his spending and tax plans, in his speech to the Congress scheduled later today. The Dow Jones Industrial Average yesterday ended up by 15 points to 20,837 and closed at a record high for a 12th straight session, its longest streak since 1987. US equities markets have rallied since Trumps election victory in November, on the hopes for further tax reform, looser regulation and fiscal stimulus plans. … [Read more...] about Dow Heading To More Record Highs?
Rupees volatility has slipped back to pre-demonetization levels with rupee stabilized below 67.00 over the last month. Rupee three-month implied volatility slumped to 5.27 yesterday with USDINR falling to a four month low amid heavy inflows in domestic stock and bond markets. Some of it is account of a strong Union budget which was viewed as fiscally prudent, but most of it was on account of that the recovery from the note ban has been quicker than anticipated. Indias manufacturing and Services PMI have expended in the month of February. … [Read more...] about Rupee Volatility Flat Again