Market Morning: Trump Hits FedSouth African Kleptomania, Amazon Hires Cardiologist, Venezuela Banks on Crypto – Perhaps discontented with the rise of the dollar (NYSEARCA:UUP) on foreign exchange markets, or worried that the 10-year boom that began in 2009 may be coming to an end with President Trump blamed if the Federal Reserve keeps raising rates, Trump publicly criticized Fed Chair Jay Powell. He is “not thrilled” with the fact that Powell isn’t helping him boost the economy by manipulating the dollar, while at the same time criticizing China and Europe for manipulating their own currencies, not seeming to get the inherent hypocrisy of juxtaposing both statements. Most market analysts believe that Powell and others at the Fed will maintain their current policy course. Read more:
https://marketexclusive.com/market-morning-trump-hits-fed-south-african-kleptomania-amazon-hires-cardiologist-venezuela-banks-on-crypto/2018/08/