Dovish rabbit out of a hawkish hat.
Day: June 14, 2018
Trump Approves Tariffs On $50 Billion In Chinese Goods, Escalating Trade War
Now wait for the imminent retaliation from Beijing.
When Doves Try.
This is what it sounds like.
Just When Bitcoin Bulls Thought It Couldn’t Possibly Get Any Worse, Steve Bannon Showed Up
“Mr. Bannon won’t reveal very much about his cryptocurrency plans — he worries that the controversy that comes with his name could have a bad impact on projects just getting off the ground.”
New York Sues Trump, Ivanka, Don Jr, Eric Because It Turns Out Their Charity Was An Illegal Personal ‘Checkbook’ (Allegedly)
“…willful self-dealing transactions, and failure to follow basic fiduciary obligations or to implement even elementary corporate formalities required by law.”
Draghi Sticks Impossible Dismount, Puts Dovish Spin On QE Expiration Date While Simultaneously Adopting Date-Based Rates Guidance
Well, say what you will about the relative merits of Jerome Powell’s “plain English” approach to press conferences, but Mario Draghi just delivered a clinic in how to do this “right.”
Trump Says 110-Year-Old Parents Of Korean POWs Asked Him To Bring Their Sons Home – Frederick Douglass To Lead Effort
“When you can, we’d love our son to be brought back home — you know, the remains.”
ECB Announces September Taper, Will End QE In December, Rates To Remain On Hold Until Summer 2019
And there it is, folks. At least you’ll get €15 billion/month through December and a commitment to keep rates on hold through next June.
China Suddenly Not So Trigger-Happy When It Comes To Calling The Fed
The prospect of punishing tariffs isn’t helping matters.
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