Despite Constant Controversy, Wall Street Backs Trump for 2020

Corporate America is backing Donald Trump to win the 2020 presidential elections despite the overhang of controversy that follows him around. Wall Street finds it impossible to look beyond Trump’s results in terms of GDP growth and record levels of low unemployment. Though the president has spent much of his first term struggling with the worst approval ratings for any U.S. president since Richard Nixon, it seems the broader U.S. population is starting to get on the Trump bandwagon driven by impressive economic performance. Trump Enjoys Heightened Approval Trump appears to bluster his way from one crisis to another, but

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Yesterday I received 1 bitcoin on my street art QR codes donation adress! After one year and 3 frescoes in Paris: 1,14 btc received (+ 5 bch and 1,25 ltc) in total! Thanks to the crypto community for your generosity, this space is full of suprises 🤩👍🏻Can’t wait to do more murals to spread crypto!

Yesterday I received 1 bitcoin on my street art QR codes donation adress! After one year and 3 frescoes in Paris: 1,14 btc received (+ 5 bch and 1,25 ltc) in total! Thanks to the crypto community for your generosity, this space is full of suprises 🤩👍🏻Can't wait to do more murals to spread crypto! submitted by /u/Pascalboyart
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Bitcoin – The Currency of the Internet

Wall Street Trading Bots Fail as Fed Flip-Flops and Trump Tweets

The party may be over for automated trend-following trading strategies on Wall Street. As a recent report by Bloomberg highlights, the once legendarily profitable investment systems run on computers by hedge fund managers have lost their edge. Although still dominating a large share of capital compared to human traders, the machines are not as invulnerable as they once were. Wild volatility in the Dow Jones and other major US stock market indices makes that abundantly clear. Smooth economic cycles are one thing, but unnatural monetary policy from the Federal Reserve – alongside market-shaking tweets from Donald Trump – are something

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This Wall Street Analyst Forecast Tesla’s Dominance. Here’s What He Says Will Shake up the Auto Industry Next.

Adam Jones, Global Auto Analyst at Morgan Stanley, warned that the production of an electric vehicle by either Tesla or Rivian could be bad news for traditional car makers in Detroit. Why? This wildly profitable segment of the vehicle industry is one that auto companies don’t mess around with. Amazon Plunks Down Major Cash to Invest in Tesla Competitor Rivian As CCN reported, Amazon led a $ 700 million funding round in Tesla rival Rivian Automotive LLC. According to the reports, while GM wasn’t included in the round as previously speculated, analysts expect the automaker to inject funds into Rivian in

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A Bitcoin ETF is ‘Virtually Certain’, Only Matter of time for SEC Approval: Wall Street Advisor

The prospect of a Bitcoin ETF is ‘virtually certain’ according to finance manager Ric Edelman, who is confident that either VanEck or Bitwise will satisfy the demands of the SEC. The founder of Edelman Financial Engines told CNBC’s Bob Pisani on Monday’s ETF Edge: “It’s virtually certain. The only question is when. And I don’t know how soon it will the happen; the SEC has several legitimate thoughtful concerns that the industry has to overcome, and I’m confident that they will, and eventually we will see a bitcoin ETF. And it’s at that stage that I will be much more

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Saudi Arabia Hedges Majority of 4.9% Stake in Tesla as Wall Street Expects Musk to Forecast a Q1 2019 Loss

Saudi Arabia has reportedly slashed its exposure to Tesla. Part of the SEC’s complaint against Tesla and Elon Musk last year was related to Musk’s claims that Saudi Arabia was backing him in taking the company private. The SEC fined Tesla and Musk separately for $ 20 million each in the debacle. According to the Financial Times, the Saudi Public Investment Fund made a move on January 17th to hedge its investments against expected damage to TSLA stock. They retain their 4.9% holdings in TSLA, but they will not actually lose any money if things go south for TSLA. The arrangement

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