Economist Speculates Absurd but Feasible Trump Bitcoin Ban

Could Trump ban Bitcoin? Global markets analyst Alex Krüger has plotted out a scenario where the president-elect might just follow through with such an idea. Krüger’s speculation comes after Twitter rampaged last week thanks to Trump’s Bitcoin-bashing tweet. Breaking: Donald Trump Bashes Crypto, Says He’s No Fan of Bitcoin https://t.co/YOgWV9sXNK — CCN Markets (@CCNMarkets) July …

Trump’s Dislike of Bitcoin Unites and Emboldens Crypto Community

The other shoe has dropped, and the president of the United States doesn’t like bitcoin. While disappointing, it’s not entirely shocking that a man who accumulated his wealth in the real estate market would take issue with a non-sovereign currency. His rejection of the digital currency, however, largely seemed to inspire a collective sigh of …

Dow Creeps Higher as Trump Stacks Fed with Rate-Slashing Allies

Dow Jones futures traded higher on Wednesday as Trump aims to stack the Federal Reserve in his favor. In a series of tweets last night, he revealed his picks for the two empty chairs on the Fed’s board of governors. The names are Christopher Waller and Judy Shelton, both staunch advocates of low-interest rates. Trump …

Sky High Dow Faces Painful Correction as Catastrophic Earnings Awaits

The Dow Jones Industrial Average (DJIA) briefly hit a record high in yesterday’s trading session. But the optimism could be short-lived with all signs pointing to a disastrous second-quarter earnings season. 77 percent of companies that have released Q2 guidance have warned they’ll underperform Wall Street estimates. It’s the most negative earnings backdrop in 13 …

Dow Ekes Out Gains Without Rate Cut as Defiant Powell Defends His Job

Published: 19/06/2019 16:05 EST. Journalist: By CCN Markets: The Dow Jones Industrial Average was meandering in and out of positive territory as investors digested a fascinating Federal Reserve meeting. In the end, stocks managed to hold onto gains, with the Dow closing at 26,504, up fractionally. By keeping rates on hold, Chairman Jerome Powell faced …

Trump Rails at Fed for Wiping 10,000 Points Off the DJIA

By CCN: President Donald Trump doubled down on his longstanding claim that the stock market would be 10,000 points higher if the Federal Reserve hadn’t raised interest rates during his first term. President Trump: I Built This Economy In an interview with Fox News’ Laura Ingraham on the 75th Anniversary of D-Day, Trump assured viewers …

Ilhan Omar Boasts She’s Trump’s ‘Nemesis’ in Cringeworthy Rant

By CCN: First-year congresswoman Ilhan Omar boasts that she’s already President Trump’s number-one “nemesis.” Why? Because she’s a black woman who has no qualms about flouting our nation’s immigration laws. Writing on Twitter, she said: “This is a president who has come to power vilifying and demonizing immigrants and refugees. He proudly said we should …

If Trump Repeals Obamacare, He Owes US Taxpayers a $2 Trillion Refund

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