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When Donald Trump took over as the 45th President of the United States, expectations were that the stock market would crash amid the unpredictability of a first time politician taking the highest political post in the land. But that didn’t happen. In fact, under Trump, the stock market has thrived, with the Dow Jones breaking records and achieving never before seen closes over 21,000 points. However, as all good things must come to an end, has Trump Trade done just that? Concerns over delays in Trump executing his promises have traders worried. Are those concerns justified?
Read The Capitalist’s Take Here
Read More at Reuters
Read More at CNBC
AMAZON TO BUILD UP BRAND REGISTRY IN FIGHT AGAINST COUNTERFEITERS
Amazon isn’t faking its desire to root out counterfeits. As soon as next month, Amazon will start a registry for companies to list their logos and intellectual property with the world’s largest online store, Peter Faricy, vice president of Amazon Marketplace, told Reuters before his presentation at this week’s Shoptalk retail conference in Las Vegas. The registry, currently being tested, will let Amazon remove listings and potentially cancel seller accounts if counterfeit products are spotted, he said.
In an email, Amazon confirmed the statements, which Faricy made at the Shoptalk commerce conference in Las Vegas.
Read More at CNET Here
Read More at Time Here
Read More at Fortune Here
COSTCO EXPANDS TO HOME DELIVERY THROUGH THIRD PARTY
A delivery service announced Tuesday that it will start making runs to Costco to pick up orders for customers, another move toward a world in which traditional retailers compete side-by-side with online sellers to move goods directly to homes. The service, Shipt, says it is launching its Costco service in Tampa and plans to expand to 50 markets and more than 30 million households by the end of the year…
Read More at USA Today
Read More at CNBC Here
Read More at NY Post Here
Closing Bell
– Wednesday, March 22nd
Markets Tick UP as Techs Draw buying Interest
Big Insider Trades
– Facebook, Inc. (FB) CPO Christopher Cox Sells $2.25m
– Sonic Automotive, Inc. (SAH) Executive Chairman Bruton Smith Buys $2m
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