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China Threatens With Trade War Retaliation If US “Damages Trade Ties”

Just hours after President Trump authorized an inquiry into China’s alleged theft of intellectual property, China’s Ministry of Commerce said it would take action to defend its interests if the United States damages trade ties. “This is just the beginning, I want to tell you that. This is just the beginning,” Trump told reporters, and […]


VIX Tumbles, Global Stocks And Dollar Rally As Korea Tensions Ease

Overnight bulletin summary Global equities trade higher amid easing geopolitical tensions Pound tumbles on weaker than expected inflation data Today’s calendar includes US retail sales, Empire Fed, import prices, NAHB, and API crude oil inventories Global stocks and US futures are up for a second day, with the VIX sliding 0.65 vols to 11.68 (-5.2%) […]


DOJ Demands 1.3 Million IP Addresses Of Visitors To Antifa Website Used To Coordinate Riots

Submitted by iBankCoin.com In what is shaping up to be a contentious battle over privacy rights and free speech, the Department of Justice has formally requested that web hosting firm ‘DreamHost’ turn over 1.3 million IP addresses and other information to ‘unmask‘ visitors to the anti-Trump Antifa website ‘disruptj20.org,’ as part of the investigation into […]


Under Armour CEO Plank Resigns From Trump’s Manufacturing Council “To Focus On Inspiring”

Having been thoroughly shamed by his adoring liberal fans after complementing President Trump's business-friendly policies and joining his manufacturing council, we can't help but wonder if Under Armour CEO Kevin Plank has been looking for an 'out' ever since. When asked in February about his involvement with President Donald Trump's Manufacturing Jobs Initiative during an […]


Trump Launches Trade War With China By Signing Memorandum On Chinese IP Laws

Today at 3pm, President Trump signed a memo addressing “China’s laws, policies, practices, and actions related to intellectual property, innovation, and technology” effectively firing the first shot in what many predict will blossom into an all-out trade war with China. As discussed over the weekend, administration officials said Saturday that memo will direct U.S. Trade […]


Furious Trump Responds To Merck CEO: Attacks “Ripoff” Drug Prices

Well that didn't take long. Seconds after the resignation of Merck CEO Kenneth C. Frazier from the president's Manufacturing Council: "I am resigning from the President's American Manufacturing Council.   Our country's strength stems from its diversity and the contributions made by men and women of different faiths, races, sexual orientations and political beliefs.   […]


Key Events In The Coming Week: Fed Minutes, Retail Sales And, Of Course, Politics

In what should be a relatively quiet, mid-summer week if only on the global economic schedule even as domestic and global political tensions continue to set the general risk tone on any given day, the focus over the next few days will be on US retail sales on Tuesday and Industria Production on Thursday, as […]


China Slams Trump’s “Trade War” Announcement, Says It Is A Distraction From “Domestic Turmoil” In The U.S.

Today at 3pm, President Trump will sign a memo addressing “China’s laws, policies, practices, and actions related to intellectual property, innovation, and technology” effectively launching the first shot in what many predict will blossom into an all-out trade war with China. As discussed over the weekend, administration officials said Saturday that memo will direct U.S. […]


Trump Warns Xi: Trade War With China Begins Monday

As if there weren’t enough geopolitical and social stress points in the world to fill a lifetime of “sleepy, vacationy” Augusts, late on Friday night President Trump spoke to Chinese President Xi Jinping and told him that he’s preparing to order an investigation into Chinese trade practices next week, according to NBC. Politico confirms that […]