Donald Trump Is Meddling in Markets. It's a Dangerous Line to Cross
If it wasn't already clear that Donald Trump has qualms about free markets, his comments today about defense companies and the housing market should end any debate.U.S. markets have long been an envy of the world. Our federal government regulates them to protect retail investors, yet allows them to flourish. It's no accident that most of the world's biggest companies are American.In his second term, Trump has repeatedly intervened in industries or threatened to do so. The Wall Street Journal reported Wednesday that President Trump is set to sign an executive order that will "punish defense companies that repurchase stocks, pay dividends and reward executives with high salaries if they have Pentagon contracts that are over budget or behind schedule.". Trump wrote on his social-media website Truth Social: "All United State Defense Contractors, and the Defense Industry as a whole, BEWARE: While we make the best Military Equipment in the World (No other Country is even close!His actions We
Others appreciate with bond issue announcement. This one crashed 5%. WTH.
HK Movers | Meituan Stock Dives 5% as It Reportedly Plans to Issue Dim Sum Bonds for First Time
$Meituan(03690)$ is considering issuing dim sum bonds. Several investment banks are gauging fixed-income investors' appetite in Meituan's potential CNH bonds.Meituan stock fell nearly 5% on the...
Trump Says Musk Relationship over, Warns of "Serious Consequences" If He Funds Democrats
UPDATE 2-Trump says Musk relationship over, warns of 'serious consequences' if he funds DemocratsAdds additional comments by Trump, remarks by Vance, background on feudTrump voices no desire to repair relationship with MuskMusk deleted some social media posts hostile to TrumpMusk was huge campaign donor to Trump, other RepublicansBy Nandita Bose