Tag: donald trump

U.S. government debt yields rose along with stocks Thursday after China’s Commerce Ministry confirmed that in-person trade talks with Washington would resume in October. Investors clearly took China’s bait, setting the stock market up for a potentially disappointing start to the fourth quarter. Treasury Yields Rise as Stock Market Soars Demand for government-backed Treasurys weakened […] The post Treasury Yields Surge With Stocks After China Hoodwinks Investors appeared first on CCN Markets

First oublished The R-word – recession – passed the lips of US president Donald Trump yesterday, and despite recent price action, that’s a positive for bitcoin. The consensus of analyst opinion is that there will not be a recession in the US this year or next. But, as we shall see, those comforting findings do not tell the whole story and it is one in which recession could benefit bitcoin Bitcoin is currently priced at $10,180 after failing twice in as many days to break above $11,000. Anthony Pompliano from Morgan Creek Digital Assets was in conversation with Joe Kernen on CNBC yesterday and he was in typically bullish mood, although he does see possible temporary setbacks for bitcoin from regulatory pressures and the of…