People to focus on stocks, not policy. I found the change truly refreshing, even if today was a pretty blah session, dow inching up three points, s p spansing 0. 05 , nasdaq rising 0. 16 . N next week, im sure well be looking for it to go right back into that trump prism as hes pledged to talk more about trade which is code for buy american. Well have to look out for anything that could scream trade war. Were also going to need to Pay Attention to the possibility of a rate hike this month, something i think well take as a given after we see the labor departments nonfarm payroll report next friday. I dont mean to jump the queue of the calendar here but friday is the most important day next week because believe it or not, we actually need to see a strong jobs number. Why . Because so many financials, the banks, the insurers, so many of them have rallied so hard in anticipation of a march rate hike that if we get the weak number that might discourage the fed from taking action, it could c
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Is there a better example of arrogant corporate behavior than flouting a government decree — not once but multiple times? That's the question raised by the antitrust lawsuit against the giant concert and ticketing conglomerate Live Nation alleging a raft of monopolistic practices. The lawsuit, filed Thursday by the Department of Justice, 29 states and the District of Columbia, draws a picture .
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