Wall Street’s selloff last week has been blamed on everything but the real thing. The major indices lost more than four percent, with the Dow off nearly 10 percent since its recent high in early October.

The selloff in stocks on Tuesday gives investors another chance to buy stocks of excellent companies at a discount.

A nonpartisan trade group representing farmers, ranchers, manufacturers, and various labor groups reported on Tuesday that, according to its economic model, Trump’s tariffs on steel “are creating US jobs and stimulating growth,” the opposite of what many mainstream economists predicted. Those new jobs might just be needed if President Trump fails in getting China to change its behavior.

Wall Street jumped at the news from Fed Chairman Jerome Powell that interest rates were “just below” a neutral level.

While the Conference Board says the economy is slowing, Black Friday sales broke records and Cyber Monday sales are expected to do the same.

Page 6 of 173

Affiliates and Friends

Social Media