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Finance & Markets

Trump will be furious as his man at the Fed tries to set his record straight

Kevin Warsh said what he had to say to protect his credibility and that of the US Federal Reserve Board. With the US midterms looming, Donald Trump won’t be happy.

Trump will be furious as his man at the Fed tries to set his record straight

We haven't written up this one. The Sydney Morning Herald has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at smh.com.au →

More in Finance & Markets

Korean Retail Investors Pour $7 Billion Into U.S. Stocks

Korean retail investors bought nearly 10 trillion won ($7.27 billion) worth of U.S. stocks over the past two months, outpacing their purchases in the domestic market.

  • Korean retail investors moved $7.27 billion into U.S. stocks over two months.
  • Activity surpassed domestic market purchases, reflecting appeal of overseas markets.
  • U.S. markets climbed while KOSPI corrected, with SOXL funds accounting for 42.7% of purchases.

More from Monday 31 August →