Carson Block Anjali Sundaram | CNBC Investors shouldn’t get their hopes up for the U.S. and China to make any progress on the trade front at the G-20 summit next week, short-seller Carson Block said on Friday. “I don’t think we’re going to have any rapprochement here. The Chinese media seems to be digging in
Investing
John Gress | Corbis | Getty Images Traders in the fed funds futures market made bets in record numbers this week, with the bulk of the money looking for the central bank to cut interest rates aggressively in the months ahead. Trading volume soared to 1,293,459 million contracts Wednesday, the same day the Federal Open
Companies are having a much harder time during the ongoing U.S.-China trade war than the stock market shows, CNBC’s Jim Cramer said Friday. “The real world is much worse than the stock market indicates,” Cramer said on “Squawk Box. “ Out of the dozens of company executives he’s spoken with, the “Mad Money ” host
In some key ways, the Donald Trump economy, on fire last year but slowing this year, is starting to resemble the one he inherited from his predecessor . There are the rock-bottom bond yields, plodding economic growth and, not to be understated, the Federal Reserve seemingly pulling all the strings, a role that was only
David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters One of Wall Street’s most vocal and longest critics of Goldman Sachs has changed his tune and now recommends investors buy the company’s stock, saying its investment