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0.000768414504738481 0.000768414504738481 0.00025613816824616 -0.000493980753046181 0.000674009294156302 -0.00254308609901567 -0.00176552380255412 0.00147279446741547
Stock impact report

Kelly Evans: The populism selloff [CNBC]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: CNBC
We were off to such a rip-roaring start to the year. The “broadening” rally was working, the AI trade was ripping (at least in the memory space), metals like copper were jumping higher and the major averages were nearing some pretty key milestones like 7,000 for the S&P, and 50,000 for the Dow. And then came the missives. No institutional ownership of housing! Oil at $50 a barrel! Credit card rates will be capped at 10%! Swipe fees are too high! Not all of these were explicit orders or policy moves, but President Trump's affordability push has been dominating the markets for well over a week now. Perhaps nothing better captures the angst investors feel right now than the fact that the president called progressive hero Elizabeth Warren on Monday to talk about capping credit card rates. This was right after a speech in which the senator called on Democrats to embrace economic populism and work on lowering costs for the middle class through such policy moves. The result? A minor f Show less Read more
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