Having earlier slammed the "so-called" judge's decision to put a temporary nationwide ban on his immigration executive order, it appears President Trump is doubling down against the judicial decision...
What is our country coming to when a judge can halt a Homeland Security travel ban and anyone, even with bad intentions, can come into U.S.?
— Donald J. Trump (@realDonaldTrump) February 4, 2017
Less than a week after Bridgewater's Ray Dalio flip-flopped in his support of Donald Trump, going from vocally praising the billionaire's vision for the US, to becoming "increasingly concerned about the emerging policies of the Trump administration" because "there is significant risk that his populist policies could hurt the world economy (and worse)," it was Goldman's turn to dramatically sour on Trump's economic policies, and as the bank's chief economist, who previously just like Dalio was ecstatic about the economic growth prospects under President Trump, warned in a Friday night note t
Ever get the feeling that the market has become frustratingly fast in responding to new information, with violent swings in either direction coming ever faster even if ultimately the "BTFD" mentality always seems to prevail? Well, it's a fact.
In what is an almost complete reversal of Trump's immigration executive order, which temporarily banned the entry of refugees and citizens from seven mostly Muslim nations into the US, moments ago the Department of Homeland Security announced that "in accordance with the judge's ruling, DHS has suspended any and all actions implementing the affected sections of the Executive Order entitled, "Protecting the Nation from Foreign Terrorist Entry into the United States."
Iran does appears to not be taking Trump's escalating threats too seriously, because just one day after the US imposed restrictions on 25 Iranian individuals and entities in response to a ballistic missile test last week (a move which provoked Tehran to answer by saying it would disclose the names of US individuals and companies involved in "helping and founding" terrorist groups), Iran carried out more missile tests during a military exercise on Saturday.