Clayton Allen

Things went from bad to worse Tuesday for PG&E Corporation (NYSE: PCG) and its investors after a credit rating downgrade sent shares tumbling for the second straight day. After Monday's close, S&P Global cut PG&E Corp’s credit rating from BBB- to B, a move that drops the...

PG&E Corporation (NYSE: PCG) opened down 25 percent Monday after CNBC reported the company could face a minimum of $30 billion in liabilities related to California wildfires in 2017 and 2018, citing unnamed sources. The report comes after a Reuters story over the...

President Donald Trump scored a trade war victory Wednesday after China made its first major soybean purchase from the U.S. since retaliating against Trump’s tariffs in July by blocking imports of U.S. agricultural products. While the purchase may be a small step in the right direction...

U.S. stocks got a big lift Monday after the G20 meeting over the weekend cleared up some major uncertainties for investors. The G20 produced some major developments on the trade war front, with the U.S. and China agreeing to a 90-day truce while a deal is negotiated. In addition, Russia and Saudi...

PG&E Corporation (NYSE: PCG) stock plunged Monday after a 12-percent drop Friday as investors grow increasingly concerned about the financial impact of the California wildfires. Although there is no evidence as of yet that the Camp Fire, the Hill Fire or the Woolsey Fire were caused by...

In addition to a shift in the House majority and the passage of a number of new ballot measures this week, investors got one more major curveball from Washington when President Donald Trump ordered U.S. Attorney General Jeff Sessions to step down from his position and selected Matthew Whitaker as...

Canadian Foreign Minister Chrystia Freeland was in Washington, D.C. Wednesday to continue talks on a trade deal between the U.S. and Canada. The sticking point of the talks relates to Canada’s “Class 7” milk pricing system, but Canada is motivated to get a deal...

The big story on Wall Street in 2018 has been an international trade war, which ramped up this week after President Donald Trump said Monday that he will slap 10-percent tariffs on an additional $200 billion in Chinese imports starting Sept. 24. China returned fire on Tuesday, announcing new...

President Donald Trump said in a CNBC interview Friday morning that he is willing to ramp up his trade war with China as far as it can go. Trump threatened to impose tariffs on all Chinese imports — goods worth roughly $505 billion in 2017. What He Said When asked about the trade...

The international trade war among the U.S., China and Europe may have investors uneasy, but you wouldn’t know it by looking at market volatility. After spiking back in February, the CBOE S&P 500 Volatility Index is down about 30 percent in the past three months, suggesting the market...

The market has reacted very negatively to President Donald Trump’s aggressive approach to trade relations with China. Trump and his supporters argue, however, that the long-term benefits of a favorable trade policy could far outweigh the short-term market impacts of a trade war with China....

U.S. stocks traded down steeply Tuesday morning, and the Dow was on track to register its sixth consecutive day in the read after President Donald Trump threatened to aggressively escalate his trade war with China. What Happened Trump has reportedly asked the U.S. Trade Representative to identify...

The S&P 500 traded lower by more than 10 percent Wednesday morning as investors digest the latest developments in an ongoing Sino-American trade dispute.  Negotiations Sour On Wednesday morning, President Donald Trump expressed skepticism about a potential trade deal with China, tweeting...

President Donald Trump and his administration are considering tariffs on an additional $100 billion in Chinese imports. This could be seen as a "clear extension of his brinkmanship negotiating style," according to Height Capital Markets.  The Analyst Height Capital Markets'...

China has responded to the latest round of U.S. tariffs by announcing its own set of 25 percent tariffs on 105 categories of U.S. exports, including soybeans, airplanes and automobiles. The news sent the S&P 500 and Dow Jones falling on Wednesday, and Height Capital Markets analyst Clayton...