Sections SEARCH Skip to content Skip to site index Subscribe Log In Log In Today’s Paper DealBook | DealBook Briefing: Why Are Stocks Still Rising? Advertisement DealBook Supported by July 12, 2019 Good Friday morning. (Was this email forwarded to you? Sign up here .) Record-setting markets, despite threats everywhere Economic fears are climbing — but so are the markets, with the S&P 500 and the Dow Jones industrial average both setting records yesterday. As Stephen Grocer of the NYT explains, it’s because investors have nowhere else to go. Investors should be worried. The continuing U.S.-China trade war, a slowing global economy and simmering geopolitical tensions are all huge causes for concern. The Fed is open to cutting interest rates because things look so bad. But they feel that there is no alternative — TINA, in Wall Street speak — to investing in stocks. Lower … [Read more...] about DealBook Briefing: Why Are Stocks Still Rising?
Where are feds going with two new trump investigations
trade India could soon become the next target of President Donald Trump’s aggressive policy as the administration gets ready to use tariffs and other sticks to bend or break global trading partners. Already, the U.S. has put India on notice by getting ready to expel it from a special program that reduces tariffs on a range of imports from developing countries. The next step is expected to be launching a full-blown investigation into India’s practices, just as the U.S. did with China last year.Story Continued Below The move comes despite President Donald Trump’s warm embrace (in some cases, literally) of Prime Minister Narendra Modi, who has just emerged from a national election with a stronger grasp on power. “The challenge is you have both administrations taking a fairly strong stance,” said Nisha Biswal, president of the U.S.-India Business Council. “Whether there is space to negotiate some compromises is an open question.” The U.S. has … [Read more...] about India could be next on Trump’s investigate-and-tariff hit list
The rabbi was celebrating the last day of Passover with his congregants at Chabad of Poway when a gunman in a green army-style vest, armed with a semiautomatic weapon, burst in and began shooting.Voices screeched, “Hide yourself! Shooting! Shooting!” Congregants dropped to the floor. One man threw his body over his 2½-year-old grandson; another was wounded ushering children to safety.A 60-year-old woman was killed when she jumped in front of the rabbi, whose hands were pierced by gunfire. An 8-year-old girl was hit with shrapnel in the face and leg.The attack was described by some of the 100 worshipers who were inside the synagogue celebrating one of the most sacred holidays in Judaism. As police across the state boosted patrols around synagogues, the small city of Poway’s tightknit Jewish community was reeling. “Why? The question is, why?” said Minoo Anvari, whose husband was inside the synagogue during the attack. “People are … [Read more...] about Poway’s Jewish community ‘so completely fed up’ after synagogue shooting
By Bloomberg Thu., April 4, 2019 The Federal Reserve and fellow leading central banks are hitting the pause button when it comes to tightening monetary policy. Faced with slowing global growth and inflation, policy-makers are taking to the sidelines or even becoming dovish again. The Fed is signalling it won’t hike interest rates for a while if at all and the European Central Bank is lining up fresh stimulus in the form of fresh bank loans. While the world economy may ultimately pick up by enough to prompt authorities to resume restrictive policies, chances are that for the major central banks at least the peak for rates is near and may have already been reached. Rates markets are already pricing in an even more dovish shift in monetary policy. What Bloomberg’s Economists Say: “A sharper than expected slowdown in global growth in the first quarter and risks tilted to the downside meant it made sense for central banks to go into wait-and-see mode. … [Read more...] about Central bankers around the world are hitting the pause button
SECTIONS Search E-edition Customer Service Customer Service SacBee Rewards About Us About Us Contact Us Apps Mobile & Apps Twitter, Facebook, Google+, YouTube News in Education (NIE) Newsletters Local Sacramento Region Arena City Beat Crime Local Govt Salary Database The Homeless Marcos Bretón Transportation Education Environment Health & Medicine Traffic Conditions Weather Communities Elk Grove Folsom/El Dorado Roseville/Placer Yolo Sports Sports Kings NBA News 49ers Giants Oakland A's High School Sports Joe Davidson More Sports Raiders NFL News MLB News River Cats Soccer Colleges Golf Autos Racing Politics Politics Capitol Alert State Workers The California Influencer Series Local Elections PoliGRAPH State Worker Salary Database Legislative Gifts … [Read more...] about Will Trump’s California water plan send more to Republican farmers and short Democrat cities?