Trump Blasts Fed, China and Europe for Putting US Economy at a Disadvantage

President Trump accused China and the European Union of manipulating their currencies and continued to criticize the Federal Reserve for raising interest rates, saying those moves are putting the United States at a disadvantage. In a flurry of early-morning Twitter posts, Mr. Trump complained that the Fed’s rate increases and a “stronger and stronger” United…

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JP Morgan predicts Tesla shares will plunge more than 40% before the end of the year

Tesla’s stock fell 2.1 percent Friday. Its shares are up 3 percent so far this year through Thursday versus the S&P 500’s 5 percent gain. Brinkman reaffirmed his $180 December 2018 price target for Tesla shares, representing 44 percent downside from Thursday’s close. The analyst is cautious on the company’s second-quarter financial numbers. It is…

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