Stock Market
Market Outlook
The popular stock market averages closed to the upside on Monday. The interest rate for 10-yr treasury notes closed higher. The price closed down for gold and up for crude oil.
Hopes rose that the POTUS may relax some of his tariff threats in order to avoid an all-out trade war. U.S. imposed tariffs are not paid by foreign governments or their corporations. They are paid by American importing companies who pass the costs to consumers, hence inflation.
Adapt or perish, now as ever, is nature's inexorable imperitive. - H.G. Wells
Hopes rose that the POTUS may relax some of his tariff threats in order to avoid an all-out trade war. U.S. imposed tariffs are not paid by foreign governments or their corporations. They are paid by American importing companies who pass the costs to consumers, hence inflation.
Adapt or perish, now as ever, is nature's inexorable imperitive. - H.G. Wells