Thursday 23 August 2018

Trump says impeachment would crash the market. Really?

Impeachment proceedings could very well rattle investors. But a crash sounds extreme given the strength of the economy and corporate profits.
CNNMoney Markets Now
 
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News: What you need to know about the markets
 
 
Trump says impeachment would crash the market. Really?
Impeachment proceedings could very well rattle investors. But a crash sounds extreme given the strength of the economy and corporate profits. Read more »
 
Why the IPO of Saudi Arabia's crown jewel has stalled
Despite the recovery in oil prices, the blockbuster IPO of Saudi Arabia's crown jewel appears to be on death's door. Read more »
 
Alibaba is ready for a trade war
Alibaba reported healthy sales, despite growing worries about tariffs. Vice chairman Joseph Tsai said Alibaba will continue to do well as it expands to other markets, noting that "the world is a big place." Read more »
 
America's banks have never made more money
Bank profits soared to more than $60 billion in the second quarter. Read more »
 
Texas Gulf Coast exports more oil than it imports for the first time
The biggest port district in Texas recently exported more crude oil than it imported for the first time ever. Read more »
 
Goldman Sachs is offering savings accounts to Brits
Goldman Sachs is launching its first retail banking operation outside the United States. Read more »
 
 
 
 
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