Your Evening Briefing
As bad as last week was for Donald Trump, the weekend was worse. Condemnation of his move to pull troops from Syria and fear over the departure of Jim Mattis still resonate, with only a few (led by Vladimir Putin) praising the retreat. At home, the president explored whether he could fire Fed Chairman Jerome Powell, news of which sent White House staff scrambling. Trump blames the Fed for spiraling indexes and makes it a big target of his Twitter ire. It turns out, though, that he has a very personal stake in every move the Fed makes.
Here are today’s top stories
Trump, however, is winning, his advisers say. To have a chance in 2020, he has to keep his base happy and make sure 34 Republican senators don't vote to convict him if he's impeached. His strategy aims at both.
Crypto evangelists say 2019 will witness a turnaround for the digital funny money. But Wall Street isn't so sure, as the big banks back away.
China moved to boost consumer spending with another round of tariff cuts on more than 700 goods.
What you’ll need to know tomorrow
- Bloomberg Opinion: How one week sums up a failed presidency.
- After a big win in Syria, Russia moves on to Libya with Qaddafi 2.0.
- Turkey, Israel trade insults over human rights abuses as Iran looms.
- China still has a treasure trove of expensive real estate holdings.
- A Canada battery maker says it’s on the verge of a big price cut.
- Bloomberg Businessweek reveals the miseducation of Macron.
- Market dive? D.C. chaos? Last-minute shoppers spend anyway.
What you’ll want to read tonight
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