BREAKING: U.S. negotiators have reached the terms of a phase-one trade deal with China that now awaits President Donald Trump’s approval https://t.co/BtWssQsx2p
Shares down 62%, and counting... Tullow's stock has been hammered after exec clear-out amid production issues off Ghana. What has gone wrong? https://t.co/9Hm9yPmc7D
In my speech I mentioned that if #MarkZuckerberg and tech CEOs allow a foreign power to interfere in our election (again) or facilitate another genocide (like Myanmar), perhaps they should be sent to jail. My full speech here: https://t.co/HDrjK9a8Rj
NEW BOEING NEWS: A manager at Canada’s aviation regulator believes that Boeing should remove software that played a role in two deadly crashes of its 737 Max before the plane is cleared to fly again. w/ @Nataliekitro https://t.co/Ju4HaaxlHK
The canary in the coal mine for the market's canary in the coal mine doesn't look like it's coming out of alive. The yield on CCC rated corporate bonds has suddenly surged to 11.66% even though yields for the broader junk bond market have been stable. Not good
What are the polls saying?
At 29%, Labour lags 13 points behind the Conservatives, according to the FT's poll of polls, updated this morning. At 42%, the Tories retain a solid lead over the opposition party https://t.co/kAfo4lGR3C
NEW: everyone knows Corbyn’s unpopularity is a problem for Labour, but I’m not sure people appreciate how bad it is https://t.co/R1DRmBAyRo
Corbyn’s net satisfaction ratings are at -60, by far the lowest going into an election since @IpsosMORI started tracking this in 1979.
Trump: Xi is backing out, get JP over here.
*Powell rushed to private residence*
Trump: Hey Powell, China is out.
Powell: But our liquidity..
Trump: Yeah, about that you're going to need to pump more because I'm hitting Xi with more tariffs.
Powell:
Trump: And backing HK.
Powell:
Apparentely, QE is now a monetary policy tool, like setting interest rates. However, its goal is to keep asset prices (read "stock market" ) rising rather than price stability or maximum employment.
Since when did that become one of the mandates?