Global Shares Drop After Trump Backtracks Stimulus Talks

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Roger Scott

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Global Shares Drop
After Trump Backtracks Stimulus Talks

Global stock markets traded mostly lower this morning as U.S. President Donald Trump halts talks concerning another federal stimulus package.

U.S. futures were up slightly, while shares in Germany, France and Japan slipped. In China, markets are closed for a weeklong holiday.

The president's decision to suspend economic aid talks follows U.S. Federal Reserve Chair Jerome Powell's urging statement to Congress that the Fed cannot support the economy by itself, saying limited support "would lead to a weak recovery, creating unnecessary hardship."

But Trump's ruling is likely just another bargaining trick...

In today's video, I'll explain the impact of the bond market sell-off… the most probable move for the market this week… the lowest-risk bank and financial stocks to sell now… and entry and exit points on several low-risk stocks.

Get Today's Market Updates Here!

5 New Money-
Making Ideas

October 05, 2020

Folks, I'm a glass-half-full kind of a man. I like to look at the struggles life gives you and put a positive spin on them.

Here's an example...

With the market being as uncertain as it is right now, there are some traders who continue to lose money left and right. But with every new day, there's a new opportunity to earn it all back!

2 REITs You Need in Your Portfolio Right Now

October 03, 2020

Several weeks ago I mentioned that the stock market might be a little overbought — especially the tech sector.

I also explained that one of the best ways to defend ourselves and our portfolios is to diversify with ETFs. They hold multiple stocks and function much like a mutual fund.

The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.