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WALL STREET DIGESTS FED’S FOMC MEETING

by | Jun 10, 2020

Wall Street shows signs of nervousness with the so-called Covid-19 rally, where the Dow Jones Industrial Average [DJIA] bottomed March 11 at 21,200.62, down over 8,300 points from its Feb. 12 record high of 29,55142, or 39%. Since then, the DJIA has rebounded over...

EU COMPLAINS ABOUT RUSSIA-CHINA DISINFORMATION

by | Jun 10, 2020

European Union officials accused Russia and China of a disinformation campaign to undermine European Democracy, something U.S. officials have been saying for a long time. What’s ironic is that 73-year-old European Union Chief Diplomat Josep Borrell recently joined...

EU UNHAPPY WITH U.S. RESPONSE TO IRAN

by | Jun 9, 2020

European Union [EU] signaled that it will not back any move by the U.S. for more sanctions against Iran, regardless of what it does with its nuclear program. EU’s 73-year-old chief diplomat Spanish politician Josep Borrell admonished the U.S. trying to get the U.N....

GRAHAM NOT GETTING WHAT HE WANTS FROM FBI

by | Jun 9, 2020

Finding it difficult to get what he wants from the FBI, 64-year-old Sen. Lindsey Graham (R-S.C.), chairman of the Judiciary Committee, said the FBI was not getting him a chance to speak with the case agent and intel analyst for information on the Steele Dossier used...

ECONOMY WON’T COME BACK ANYTIME SOON

by | Jun 8, 2020

Confirming that most Americans aren’t comfortable returning to restaurants or other crowded venues, it’s going to take much longer than expected for the economy to return to normal. Gone are expectations or a V-shaped recovery, except what’s witnessed in the stock...