Another White House shake-up. President Trump's top economic advisory Gary Cohn said Tuesday that he would be leaving the White House in the coming weeks. His departure comes on the heels of the President's announcement that he would impose tariffs on steel and aluminum imports. Chad Morganlander, Portfolio Manager at Washington Crossing Advisors joins Your Cheddar to give his predictions on the market amidst the White House departure.
Dow futures were down more than 250 points and Morganlander believes we'll see downward pressure the rest of the trading day based on uncertainty. He believes that the worst case scenario would be if the European Union puts tariffs on our goods, especially auto and technology.
In a courtroom showdown five years in the making, Donald Trump's fixer-turned-foe Michael Cohen testified Tuesday that he worked to boost the supposed value of the former president's assets to “whatever number Trump told us to."
Federal authorities have released more details and unsealed charges in the theft of more than 2 million dimes earlier this year from a tractor-trailer that had picked up the coins from the U.S. Mint in Philadelphia.
An off-duty pilot riding in the extra seat in the cockpit of a Horizon Air passenger jet tried to shut down the engines in midflight and had to be subdued by the crew, according to a pilot flying the plane.
