Today’s article is about President Trump railing against the Fed and demanding a rate cut. That is not the way it works.
You can access the latest article/video at the following link: … … JBrown_061019
The U.S. Fed released the banking stress test for 2020 and under the various scenarios, most banks remained well capitalized with only some approaching minimum capital levels. However, to insure the stability of the banking sector, the Fed is limiting dividends and suspending share buybacks. [more]
Factors impacting the economy, such as the U.S.-China trade spat, GDP growth, job numbers, wage increases, and the GM strike etc., are likely to have a more direct bearing on the future direction of the stock market than the Trump impeachment enquiry. [more]
eResearch is pleased to provide the latest article/video newsletter from Josh Brown, The Reformed Broker. [more]
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