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Alex Jones Releases Raw Video of Leftist Attack in Austin Texas

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Greece at risk of not getting euro zone cash as reforms lag: officials

FILE PHOTO: Greek PM Tsipras attends a cabinet meeting in the parliament in Athens
FILE PHOTO: Greek Prime Minister Alexis Tsipras attends a cabinet meeting in the parliament in Athens, Greece, January 28, 2019. REUTERS/Alkis Konstantinidis/File Photo

February 18, 2019

BRUSSELS (Reuters) – Greece is at risk of not getting some 750 million euros next month that it won under a debt relief deal with the euro zone last year because it has not completed agreed reforms, euro zone officials said on Monday.

The money is part of about 4.8 billion euros of profits from Greek bonds held by euro zone central banks, to be handed back to Athens by mid-2022 in semi-annual tranches and a waiver of the step-up interest rate margin on part of the euro zone loans.

Together, the two measures add up to 750 million every six months. The money was designed as an incentive for Athens to continue with hard-won reforms adopted under its three bailouts since 2010, worth more than 280 billion euros in total.

The European Commission will issue a report on Feb. 27 spelling out Greek progress in implementation of the agreed reforms. The conclusion of this report will be key for euro zone finance ministers to decide whether to allow the disbursement.

“The report is likely to say that Greece has not completed the agreed reforms,” one euro zone official said.

“Euro zone finance ministers, who meet to discuss the issue on March 11, will not allow the disbursement unless Athens completes the actions between Feb 27th and March 11,” the official said.

There are 16 various reforms at different stages of completion, but the key ones, officials said, were linked to the clearance of government arrears, the roll-out of the primary health care system and centralized health-care procurement and the legal framework for non-performing loan resolution, in particular the household insolvency law.

“The main issue is the insolvency law, where a balance between protection of not so well-off house owners and the banks is needed. The Greek side is still working on the law and receives comments from the institutions,” a second euro zone official said.

If euro zone ministers withhold the money in March, it can still be disbursed at some later stage, once all the reforms have been carried out as agreed, officials said.

(Reporting By Jan Strupczewski; Editing by Gareth Jones)

Source: OANN

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European rights body urges Turkey to respect voters’ choice

Europe's human rights watchdog is urging Turkey to respect voters' decisions after electoral authorities blocked some newly elected district mayors from taking office despite winning local elections on March 31.

The Council of Europe on Friday also urged Turkey to confirm the final results of the vote in Istanbul, where the opposition candidate apparently has won a tight race after a recount. President Recep Tayyip Erdogan's ruling party has refused to concede defeat and is preparing to appeal for a rerun of that vote, citing irregularities.

Anders Knape, a senior official at the Council of Europe, says "the implementation of the will of the voters has absolute priority in democratic systems."

In a controversial decision, Turkey's electoral board has refused to reappoint mayors fired from government positions after a failed coup in 2016.

Source: Fox News World

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No More Indictments Coming From Mueller, Undercutting Trump Critics’ Hopes For Russia Probe

Special counsel Robert Mueller will not issue any additional indictments in the Russia investigation and has not filed any charges under seal, a senior Justice Department official told news outlets Friday.

The revelation would seem to be a positive sign for President Donald Trump and several Trump associates who faced legal jeopardy in the Mueller probe. It also means no Trump associates will face charges related to the main focus of the special counsel’s investigation: whether Trump of members of his campaign conspired with Russians to influence the 2016 election. (RELATED: BREAKING: Mueller Submits Report To Justice Department)

Mueller was appointed special counsel May 17, 2017. In those 22 months, Mueller has indicted or obtained guilty pleas from six Trump associates, most recently Jan. 24 against longtime Trump confidant Roger Stone. None of the Trump associates faced charges related to contacts with Russia.

WASHINGTON, DC - JUNE 21: Special counsel Robert Mueller (L) arrives at the U.S. Capitol for closed meeting with members of the Senate Judiciary Committee June 21, 2017 in Washington, DC. The committee meets with Mueller to discuss the firing of former FBI Director James Comey. (Photo by Alex Wong/Getty Images)

Special counsel Robert Mueller (L) arrives at the U.S. Capitol for closed meeting with members of the Senate Judiciary Committee June 21, 2017 in Washington, DC. (Photo by Alex Wong/Getty Images)

Mueller provided a report of his investigation Friday to Attorney General William Barr, signaling the end of the probe. Barr notified the leaders of the Senate and House Judiciary Committees that he had received the report and would likely provide more details to Congress over the weekend.

Trump critics have long speculated that Mueller would release a slew of indictments prior to or shortly after submitting his final report. Others asserted Mueller had filed a batch of sealed indictments that would be released at some point during the probe.

None of those predictions proved accurate.

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Tennis: Ill Zverev beaten by compatriot Struff at Indian Wells

FILE PHOTO: ATP 500 - Acapulco Open
FILE PHOTO: Tennis - ATP 500 - Acapulco Open, Acapulco, Mexico - March 1, 2019 Germany's Alexander Zverev celebrates winning his semi final match against Britain's Cameron Norrie REUTERS/Henry Romero

March 11, 2019

(Reuters) – A sick Alexander Zverev was sent packing from the BNP Paribas Open with a 6-3 6-1 defeat by fellow German Jan-Lennard Struff in the third round at Indian Wells, California on Monday.

Struff saved all four break points he faced and took barely an hour to clinch his first career win over Zverev in five attempts.

“I have been sick for a week. That hasn’t changed unfortunately,” third seed Zverev told reporters. “I think I just got unlucky, got a virus somewhere and that’s how it is.”

Zverev lost to Nick Kyrgios in the final of the Acapulco tournament in Mexico nine days ago.

He said his main focus was to recover for the Miami Open that starts in Florida next week.

Next up for 55th-ranked Struff will be Canadian 13th seed Milos Raonic, who had his hands full before prevailing against American qualifier Marcos Giron 4-6 6-4 6-4.

“He came up with the goods and definitely pushed me to the brink there where I was getting a little bit frustrated,” Raonic told reporters after converting three of his 12 break points.

“I think I created a lot of chances and a few maybe I didn’t take the way I would have liked but he also stepped up well on his chances.

“I just kept missing opportunities. I could have drifted off a few times mentally.”

Giron rued what might have been after failing to capitalize on a winning position.

“Even though he’s a big favorite, it still hurts to lose, being up a break in the third,” said the world 217.

“He really stayed disciplined. He kept fighting and putting ball in the court and I made a few mistakes. I think he showed why he’s one of the best players.”

Croat Ivo Karlovic defeated Indian qualifier Prajnesh Gunneswaran 6-3 7-6(3).

(Reporting by Andrew Both in Cary, North Carolina)

Source: OANN

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US renews call on Russian personnel to leave Venezuela

The Trump administration is renewing calls for Moscow to withdraw its military personnel from Venezuela, where they are helping prop up embattled President Nicolas Maduro (nee-koh-LAHS' mah-DOO'-roh).

Secretary of State Mike Pompeo told "Fox & Friends" on Friday that he's seen no signs the Russian personnel were leaving and that Moscow's involvement might "get worse before it gets better."

The U.S. and several dozen other nations have recognized Venezuela's opposition leader as interim president, while Russia and China have staunchly backed Maduro.

The Kremlin has rejected U.S. calls for Moscow to withdraw, saying U.S. troops are in many parts of the world and no one is telling America where it should or shouldn't be.

Source: Fox News National

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US permits lawsuits against companies using property seized by Castro’s Cuba, Pompeo announces

Secretary of State Mike Pompeo announced Wednesday that the Trump administration will not suspend a previously revoked provision in a 1996 law that allows Cubans who fled Fidel Castro’s regime to sue companies that have used their former property on the island. The move marks a sharp departure from previous administrations and opens the door for a windfall of legislation against foreign firms operating in the island nation.

Pompeo said that he would not suspend the bar on litigation in the Helms-Burton Act that has been renewed by every presidential administration since Bill Clinton. The move could affect dozens of Canadian and European companies doing business in Cuba – embroiling the businesses in litigation that could cost them billions of dollars and upending relations between Washington and its traditional allies.

"Any person or company doing business in Cuba should heed this announcement," Pompeo said.

CUBA CITES LACK OF EVIDENCE IN MYSTERIOUS SONIC ATTACKS ON DIPLOMATS

Pompeo said the administration was acting because it recognized the "reality" that the bar on lawsuits, which has been in place since 1996, had not achieved the goal of pressing Cuba to enact democratic reforms or reining in what he called its export of oppression throughout the Western Hemisphere, particularly in Venezuela.

"We see clearly that regime's repression of its own people and unrepentant exportation of tyranny in the region has only gotten worse because dictators perceive appeasement as weakness, not strength," he told reporters at the State Department.

The decision deals a severe blow to Havana's efforts to draw foreign investment to the island and comes as President Donald Trump steps up pressure to isolate embattled Venezuelan President Nicolás Maduro, who is holding power with help from other countries, including Cuba, China and Russia.

The announcement also comes at a moment of severe economic weakness for Cuba, which is struggling to find enough cash to import basic food and other supplies following a drop in aid from Venezuela and a string of bad years in other key economic sectors.

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Pompeo’s announcement is part of a broader effort by the Trump administration to put pressure of the leftist governments in Latin America – particularly Cuba, Nicaragua and Venezuela.

National security adviser John Bolton is expected to discuss the new policy during a speech in Miami, home to thousands of exiles and immigrants from Cuba, Venezuela and Nicaragua – countries he has labelled as a “troika of tyranny.” The speech at the Bay of Pigs Veterans Association is to be delivered on the 58th anniversary of the United States' failed 1961 invasion of the island, an attempt to overthrow the Cuban government.

The Associated Press contributed to this report.

Source: Fox News Politics

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FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle
FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo

April 26, 2019

NEW YORK (Reuters) – U.S. economic growth is running at a 1.1% pace in the second quarter as the gains in exports and inventories recorded in the first quarter are expected to reverse, Morgan Stanley economists said on Friday.

“Our preliminary expectations for growth in the second quarter sees large drags from net exports and inventories after their contributions in 1Q,” they wrote in a research note.

Gross domestic product increased at a 3.2% annualized rate in the first three months of the year, driven by a smaller trade deficit and the largest accumulation of unsold merchandise since 2015, the Commerce Department said earlier Friday.

(Reporting by Richard Leong)

Source: OANN

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FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo

April 26, 2019

By Tom Sims

FRANKFURT (Reuters) – Within hours of the collapse of merger talks with Commerzbank, Christian Sewing scrambled to convince investors and employees that Deutsche Bank can stand on its own two feet.

The Deutsche Bank chief executive told staff, many of whom opposed a merger because of significant job losses, that while he had not been “skeptical” about the Commerzbank talks, he was cautious about the chances of success from the start.

And another top Deutsche Bank executive said on Friday that it had been Commerzbank that initiated the talks, suggesting there was no desperation on their part for a deal.

Commerzbank denied that version of events, ending the apparent truce between the normally highly competitive cross-town Frankfurt rivals over the past six weeks.

German hopes of creating a national banking champion able to challenge global competitors were finally dashed on Thursday when Deutsche Bank and Commerzbank ended their talks due to the risks of doing a deal, restructuring costs and capital demands.

For Sewing, the failure to clinch a deal has left the 49-year-old chief executive of Germany’s largest bank, who took over just over a year ago, with his back to the wall.

Credit ratings agency Standard & Poor’s, which downgraded Deutsche Bank last year, said on Friday that Deutsche Bank “will remain under strain”, adding that it “seems to have acknowledged the need to adjust its strategy”.

Under Sewing, a new leadership has tried to revive Deutsche Bank’s fortunes, but it has faced money laundering allegations and failed stress tests, as well as ratings downgrades.

At the heart of the debate over its future is whether it should focus its business on Germany and draw a line under its costly global ambitions to take on Wall Street’s big guns.

“MARKET PLAY”

Without a deal, Deutsche Bank now finds itself back at the mercy of equity and debt markets, with UBS analysts warning that in a “stress scenario” it could again “be forced into a ‘debt-driven capital increase’ even with solid capital ratios”.

“Deutsche remains a levered market play vulnerable to external events,” the UBS analysts said in a note.

Sewing, along with many analysts, believes Deutsche Bank can go it alone in the short-term, but will be counting on a turnaround in market conditions to do so in the long-run given its dependence on volatile investment bank earnings.

“To reach our return objective, we also need to see a revenue recovery in our more market-sensitive business,” Sewing said on Friday after reporting results.

“These revenues are available to us in better market conditions given our leading positions in many of these businesses, but we need to capture them,” he added.

Revenue at Deutsche Bank’s bond trading division fell 19 percent in the first quarter, it said on Friday, underscoring weakness at its investment bank.

If those earnings do not improve, Berlin’s desire to keep its biggest bank out of foreign hands may start to wane.

“Germany’s globally active companies need competitive financial institutions that can support them around the world,” German finance minister Olaf Scholz said on Thursday.

(Writing by Alexander Smith; Editing by Keith Weir)

Source: OANN

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Panama's former president Ricardo Martinelli yells to the media while arriving to the Electoral Court in Panama City
Panama’s former president Ricardo Martinelli reacts to the media while arriving to the Electoral Court in Panama City, Panama April 26, 2019. REUTERS/Erick Marciscano

April 26, 2019

PANAMA CITY (Reuters) – Panama’s electoral tribunal has ruled that former President Ricardo Martinelli, who is awaiting trial on wiretapping charges, cannot take part in elections on May 5 in which he was running for mayor of Panama City and a seat in Congress, a spokesman for Martinelli said on Friday.

“The ruling of the electoral tribunal has disqualified him as candidate,” said the spokesman, Eduardo Camacho, calling the court’s ruling a “political decision.”

Officials at the tribunal did not immediately confirm the ruling, which also was reported in local media in Panama.

Martinelli, a supermarket tycoon who ran the Central American country from 2009 to 2014, was extradited to Panama last June from the United States and charged with spying on 150 people, including politicians, union leaders and journalists.

A judge had previously cleared Martinelli to run for mayor of the capital. His critics vowed to appeal that decision.

(Reporting by Elida Moreno and Stefanie Eschenbacher; Editing by Bill Trott)

Source: OANN

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FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo

April 26, 2019

(Reuters) – Shares of Walmart, Target and other U.S. retailers fell on Friday as Amazon.com Inc unveiled a one-day delivery plan for its Prime members in a move to further disrupt the fiercely competitive retail landscape.

The e-commerce giant’s announcement on Thursday could cause other brands, manufacturers, retailers, and logistics companies to have to invest more aggressively to compete with Amazon and its delivery, analysts said.

Retailers in recent years have poured billions into ecommerce and faster shipping options and are trying to close the gap with Amazon.

“This is about making it more expensive to catch up and affirms our world view that only the largest and smartest will survive,” Bernstein analyst Brandon Fletcher said.

The move is expected to heighten consumer expectations on e-commerce delivery just like Amazon did with its two-day shipping option for members of its loyalty club Prime, noted analysts.

“The faster you ship, the more people buy,” RBC Capital Markets analyst Mark Mahaney said.

The challenge for non-Amazon players was that very few of the existing logistics and parcel delivery players now have the ability to do nationwide one-day delivery, Morgan Stanley analyst Brian Nowak said.

“And even fewer can do it at the vast scale and reasonable cost that AMZN would need for Prime delivery,” Nowak said in a note.

Walmart Inc’s shares fell about 3 percent, while Target Corp dropped about 5 percent in morning trade.

Shares of Kohl’s Corp, Macy’s Inc and Nordstrom Inc fell about 1 percent. Grocer Kroger Co was nearly 3 percent lower, while consumer electronics retailer Best Buy Inc dropped 2.1 percent.

(Reporting by Soundarya J and Akanksha Rana in Bengaluru; Editing by Maju Samuel)

Source: OANN

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A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) in Beijing
A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) held at the Diaoyutai State Guesthouse in Beijing, July 10, 2014. REUTERS/Ng Han Guan/Pool (CHINA – Tags: POLITICS BUSINESS)

April 26, 2019

By April Joyner

NEW YORK (Reuters) – Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies.

Shares of S&P 500 industrial and technology companies, which were buffeted by last year’s tit-for-tat tariffs as well as slowing global demand, have been very responsive to progress in U.S.-China trade relations and a strengthening Chinese economy. This year, those sectors have outpaced the ascent in the S&P 500, which reached a record closing high on Tuesday.

Materials stocks have not been as sensitive, however, even though they also stand to benefit as a stronger Chinese economy lifts global consumption and industrial output. As China has taken measures to stimulate its economy, its economic data have turned more upbeat. That in turn could aid global growth, which has flagged as a result of China’s cooldown.

“What we’re seeing is China spending more on stimulus: fiscal stimulus and monetary stimulus,” said Kristina Hooper, chief global market strategist at Invesco in New York. “That’s likely to be a positive for materials.”

The People’s Bank of China has cut banks’ reserve requirement ratio five times over the past year and is widely expected to ease policy further to spur lending and reduce borrowing costs. The stimulus appears to have boosted Chinese economic data, with factory activity growing in March for the first time in four months.

Yet so far in 2019, the S&P 500 materials index has underperformed the S&P 500 at large, rising just 11.9% compared with 16.7% for the benchmark index. Moreover, it is among the biggest decliners in the period since the S&P’s previous record closing level on Sept. 20. The materials index has fallen 7% over those seven months, versus a 5.2% gain for technology and a 3% loss for industrials. Only the energy index has dropped more over that period.

A trade agreement could serve as a catalyst for a bump in materials shares as a drag on China’s economy is lifted, some market strategists say. Some commodity prices, including those for copper and oil, have ascended this year as the prospects for the global economy have somewhat brightened.

“It all goes back to the global growth outlook,” said Andrea DiCenso, portfolio manager for alpha strategies at Loomis Sayles in Boston. “With the front run in hard data, we’re beginning to see a pretty significant rally.”

Additionally, a trade agreement is expected to include commitments from China to purchase higher quantities of U.S. products such as soybeans, which could benefit companies that make agricultural chemicals, including DowDuPont Inc and CF Industries Holdings Inc.

CF Industries is scheduled to report quarterly results after the bell on Wednesday, and DowDuPont is scheduled to report before the market open on Thursday.

To be sure, even with a trade agreement, some materials companies could face price pressures. Shares of Freeport-McMoRan Inc fell 10.1% on Thursday after the copper mining company posted a lower-than-expected profit as its production slipped and its costs rose.

A rollback of tariffs on Chinese imports, particularly aluminum and steel, would likely prompt a fall in some commodity prices, which could hurt prospects for certain materials companies, said Gene Goldman, chief investment officer at Cetera Investment Management in El Segundo, California.

Even so, those drawbacks may be outweighed by the support for global demand fostered by a U.S.-China trade agreement.

“You could see a number of companies with lowered expectations bring them back up as they talk favorably about the impact that a trade deal would have on them,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

(Reporting by April Joyner; additional reporting by Sinéad Carew; editing by Jonathan Oatis)

Source: OANN

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