Trump Blasts ‘Weak Companies’, ‘Fed Problem’ ‘Crazy’ Euro In Traditional Friday Meltdown

US equities came into Friday trying to snap a four-week losing streak, the longest since Donald Trump shattered the Buenos Aires trade truce in May. Despite the looming imposition of new tariffs on Chinese goods from September 1, the mood is upbeat thanks to conciliatory rhetoric out of both Beijing and Trump himself. Thursday's rally marked the third session in four that the S&P logged solid gains (see bottom pane in the chart) and Friday looked equally promising. There's just one potenti

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6 thoughts on “Trump Blasts ‘Weak Companies’, ‘Fed Problem’ ‘Crazy’ Euro In Traditional Friday Meltdown

  1. Man, I remember when Presidents were considered by political scientists to be formally weak in the American system – where they had to use soft power and influence accrued by credibility and above-water poll numbers to gently guide all of the competing poles of power in a huge, federated, diffuse country in order to steer policy and avoid irrelevance.

    Twitter is a hell of a thing.

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