International trade could lift billions out of poverty and triple the size of the world's economy. Although trade disputes are making headlines, the economic benefits of globalization will likely outweigh the politics.
In Anticipation of a Rate Cut Despite the economy's current stable state, the Fed cut interest rates by 25 basis points on Wednesday—this is the first rate cut in over a decade and is likely being used as insurance against potential future trouble. Also this week: what you can learn about the economy from the July jobs report, July car sales total and Q2 GDP estimate. LISTEN AND SUBSCRIBE
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Your Market News update for May 30, 2019 | View online Market News News that's moving the market now As Trade-War Worries Linger, Market Seems to Lack Buying Conviction May 30, 2019 8:40 AM | JJ Kinahan 6 min read | Daily Market Update