These are the stocks posting the largest moves before the bell.Market Insiderread more
The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
Investors are asking how the world's third-largest defense spender could have left itself so vulnerable and what that means for the future.Politicsread more
The presidential campaign is "going to be very tough," the former chief White House strategist.Politicsread more
Huawei launched a new 5G flagship smartphone lineup Thursday without pre-installed Google-licensed apps as the Chinese tech giant faces fallout from a U.S. blacklist earlier...Technologyread more
Initially introduced in March 2018, the "Worker Dividend Act" requires firms to distribute the value of its stock buybacks dollar-for-dollar.2020 Electionsread more
The data pointed to strong labor market conditions that should continue to support a moderately growing economy.Economyread more
Warren Buffet and Jamie Dimon penned an attack on quarterly guidance and the short-term shareholder mindset last year, and support has followed from the Business Roundtable....Evolveread more
Here are the biggest calls on Wall Street on ThursdayInvestingread more
A Belgian F-16 fighter jet crashed on a road in western France and one of its pilots is hanging from a high-voltage electricity line after his parachute got caught.Aerospace & Defenseread more
"A Trump presidency would be enormously bearish for stocks," Gartman told CNBC's "Fast Money" on Monday. "He's a wild card and the market hates wild cards."
The Republican presidential nominee is closing in on Democratic rival Hillary Clinton after her campaign mishandled the release of information regarding a health scare over the weekend, raising questions about the transparency of her campaign. The latest Washington Post and ABC News poll shows that Clinton leads among likely voters by 46 percent while Trump trails at 41 percent. The poll has a margin of error of plus or minus 3.5 percentage points.
The market has reacted negatively to Trump in the past, as tends to spike every time the likelihood of a victory by the GOP nominee increases — and as Gartman views it, it will only get worse as the race gets tighter.
"I think it would be terribly detrimental to stock prices were he to get closer to 42, 45, 46 percent and draw closer to where she is right now," said the editor and publisher of The Gartman Letter. "Confusion breeds contempt and confusion would be part of his administration to begin with."
The same can be said for bond prices, added Gartman. "It has been a 32-year bull market and it looks like the peak was made," he said. "I think that a Trump presidency would probably allow rates to go higher and I think that would be terribly detrimental to bond prices."
But there's one asset class that Gartman sees flourishing under a President Trump, and that's .
"Gold likes confusion, gold likes political dissent, gold would probably do rather well in a Trump administration," he explained.
Gold is tracking for its best year since 2010, up 25 percent in 2016.