The continued spread of the novel coronavirus outside of China was the top concern for most news outlets this week. The friction between President Trump and the House of Representatives continued to escalate this week, even as his impeachment Trial in the Senate came to its conclusion.
This week we saw the ongoing impeachment trial of President Donald J. Trump, further spread of the coronavirus outside of China, and will see the long-awaited exit of the United Kingdom from the European Union at midnight on Friday.
It was another shortened trading week as the U.S. celebrated the life of Dr. Martin Luther King on Monday. The impeachment trial of Donald J. Trump got underway in full this week and the expected political wrangling and mud-slinging did not disappoint.
It was another news-filled week, particularly with regards to the ongoing U.S.-China trade dispute. The Senate impeachment trial for President Donald J. Trump also began its initial stages this week and will likely eclipse news from mainstream media outlets over the coming weeks.
1. The New Year got underway with a torrent of news. Market volatility skyrocketed this week as Iran followed through on its threat to retaliate for America’s airstrike that killed one of its top commanders last week. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped by 9,000 claims from…
It was another shortened trading week due to the timing of the New Year holiday period this year. Despite the shortened week, there was no lack of market-affecting news.
It was a shortened trading week due to the timing of the Christmas holiday period this year. The impeachment of Donald J. Trump was pushed to the back burner as Congress left Washington, D.C. for its Christmas break and media outlets began their usual year-end reviews of the markets.
1. It was a historic week as the U.S. House of Representatives voted to impeach just the third sitting president since the United States of America formed as a republic. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped by 18,000 claims from the previous week’s unrevised level to 234,000…
The U.S.-China trade negotiation continues to be the top factor for market volatility. The impeachment inquiry into President Trump’s dealings with Ukraine also resumed this week, and it appears that the House will proceed with drafting formal articles of impeachment.
Despite the shortened trading week due to the Thanksgiving holiday in the U.S., and seemingly positive progress in the trade talks between the U.S. and China earlier in the week, uncertainty surrounding the U.S.-China relationship continues to be the primary driver for market volatility.
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