Gold Silver Reports (GSR) – Stocks Rally Third Day as Trump Team Eases Stance — The S&P 500 Index bounced back from Monday’s selloff as investors grew more confident the administration’s protectionist rhetoric wouldn’t result in equally stringent policy. The rally took stocks to a two-week high. The dollar strengthened for the third time this week, while the 10-year Treasury yield popped above 2.82 percent.
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Trump Bid to Move `Hellhole’ Embassy Sunk by Architectural Icon
Gold Silver Reports (GSR) – Trump Bid to Move `Hellhole’ Embassy Sunk by Architectural Icon — The Belgian capital has taken action to block Washington’s plan to move the U.S. embassy from its current downtown location near Russia’s mission to a bucolic neighborhood adjacent an 11,000-acre forest on the city’s southern outskirts. The point of contention? The new building is too celebrated for what the Americans have planned for it.
Trump Says He May Delay South Korea Trade Deal Until North Korea Is Resolved
Gold Silver Reports (GSR) – Trump Says He May Delay South Korea Trade Deal Until North Korea Is Resolved — “I may hold it up until after a deal is made with North Korea,” Trump said Thursday during a speech in Richfield, Ohio. “You know why? Because it’s a very strong card and I want to make sure everyone is treated fairly and we’re moving along very nicely with North Korea.”
China Hits Back at Trump Tariffs as Trade War Finally Arrives
Gold Silver Reports (GSR) – China announced plans for reciprocal tariffs on $3 billion of imports from the U.S., including products from steel to pork, after President Donald Trump’s move to order levies on a range of Chinese goods sent markets plunging.
A Shutdown This Week? Because Of Trump, Definitely Possible
Gold Silver Reports (GSR) – A Shutdown This Week? Because Of Trump, Definitely Possible — One of the less-discussed consequences of Democrat Conor Lamb’s victory in last week’s special election in Pennsylvania is that a congressionally-caused government shutdown when the current continuing resolution expires this Friday is now far less likely.
Trump Calls for Death Penalty for Drug Dealers to Combat Opioids
Gold Silver Reports (GSR) – Trump Calls for Death Penalty for Drug Dealers to Combat Opioids — President Donald Trump called for drug dealers to receive the death-penalty in some cases as part of his administration’s effort to address the opioid crisis.
Stocks Decline as Trump Cabinet Turmoil Deepens
Gold Silver Reports (GSR) – Stocks Decline as Trump Cabinet Turmoil Deepens — U.S. equities fell for the second straight day as markets took in Tuesday’s economic and political news. The 10-year Treasury yield fell while the dollar held steady.
Trump Signals Metals Tariff Exemption for ‘Our Ally’ Australia
Gold Silver Reports – Trump Signals Metals-Tariff Exemption for ‘Our Ally’ Australia — President DonaldTrump said Friday that he was working on a security agreement with Australia that would exempt the country from planned tariffs on steel and aluminum imports.
Trump’s Historic Bet on Kim Summit Shatters Decades of Orthodoxy
Gold Silver Reports (GSR) – Donald Trump took the biggest gamble of his presidency on Thursday, breaking decades of U.S. diplomatic orthodoxy by accepting an invitation to meet with North Korean leader Kim Jong Un.
Trump Says Cohn Might Return Someday to His Administration
Gold Silver Reports – President Donald Trump said Gary Cohn might return to his administration some day even as he teased the departing economic adviser for being weak on tariffs.