TSX Ends Sharply Lower On Trade War Concerns, Falling Oil Prices
Thursday, 23 May 2019 Hurt by a sharp fall in crude oil prices and rising concerns about global economy due to the ongoing U.S.-China trade conflict, the Canadian stock market suffered its worst setback of the year on Thursday.
President Trump's tariffs are wreaking havoc in the U.S. stock market, but investors may have dragged down some stocks that don't deserve it. First off, the S&P 500 is down 4.6% since May 3, the last trading day before Trump did his one-eighty on China. Stocks with part of their supply chains...
The Federal Reserve cut interest rates in its September meeting, but one of Wall Street's biggest bears doesn't think the central bank can do much about what he thinks is an imminent 2020 recession. ..