Shorting U.S. stocks ‘a loser’s game,’ and people who are pessimistic about America are nuts, says the veteran investor at Forbes event in New York Tuesday evening.
The U.S. Dollar drifted lower against a basket of currencies on Tuesday ahead of several key pronouncements from the Federal Open Market Committee on Wednesday. The FOMC is expected to deliver its decision on interest rates, issue its monetary policy statement and release its economic projections. December U.S. Dollar Index futures settled at 91.635, down … Continue reading Dollar Drifts Lower Ahead of FOMC Decisions
On Tuesday, the U.S. Federal Reserve began its two-day monetary policy meeting, but during the trading session financial market traders shifted their focus to the United Nations, where U.S. President Donald Trump tried to encourage members to confront threats from rogue nations like North Korea. In a speech before the United Nations General Assembly, Trump … Continue reading Fed Starts Monetary Policy Meeting, Trump Speaks to UN