Trump-Powell rivalry, stock market news and geopolitics
Latest stock market news
• Yesterday, US stocks rose broadly by an average of 2.6%. Government bonds and the US dollar also rose in price. All on positive hopes of de-escalation of the trade war. This optimistic trend has continued since the morning.Bitcoin rose to almost $93 thousand. Gold fell and is trading just below $3,400.I wonder how long the market will react with a rapid growth or fall to every word of Trump? After all, much of what he says simply pumps up emotions, except, of course, his decrees.
• Listening to President Trump on Tuesday, it seemed as if all the vitriol...