Markets Surge on Trade and Bitcoin Boost
As I write Wednesday mid-afternoon, all three major stocks indexes are up nicely after a flurry of good news this morning. Let’s begin with Trump: The President said that he has “no intention” of firing Federal Reserve Chairman Jerome Powell He appears willing to take a less aggressive approach toward trade with China, saying that his administration’s tariff rate on China is “very high, and it won’t be that high. … No, it won’t be anywhere near that high. It’ll come down substantially. But it wo