Quote:
Originally Posted by Guest
I was talking to a progressive and explaining that the US government bonds rallied and banking and insurance stocks tumbled because the FED continues to warn about low inflation which causes them to pause on any further interest rate hikes. In addition Hurricane Irma is threatening the US coastline and of course the potential the US faces over confrontation with N. Korea all of which are stirring up the markets.
The progressive replied TRUMP SUCKS
Personal Best Regards:
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It’s the slowest job growth in August in six years, marking Trump’s first summer in office as the slowest in overall job growth in four years, according to the Labor Department. The number of jobs added during the summer months of June, July and August plummeted under Trump. Treasury futures dropped to session lows. Yields on T-bills maturing Oct. 5 and Oct. 12 extended their drop by another five basis points.