Home Daily News Headline Friday Morning’s Top Stories Before The Opening Bell – Mike Swanson (05/24/2019)

Friday Morning’s Top Stories Before The Opening Bell – Mike Swanson (05/24/2019)

Trump Sparks Oil Rally With Iran Spat, Then Rout With Trade War – Bloomberg

More active managers are beating the stock market again thanks to the trade war: Goldman Sachs – Market Watch

Bond market is signaling recession, rate cuts and unending trade war – CNBC

Could China dump its US Treasuries to fight the trade war? A contrarian view is emerging in Beijing – South China Morning Post

Trump’s China tariffs hike will cost average U.S. family $831 a year – CBS News

After all the recent IPO hype, short sellers are positioning themselves for the ‘monster drawdown’ – Financial Post

SEC Shuts Down Ponzi Scheme Which Duped 300 Into ‘Diamond-Backed’ Cryptocurrency – CoinTelegraph

Facebook takes down more than 3 billion fake accounts – CNET

Instagram has been leaking contact info for months – Android Central

Trump administration considering new weapons sales to Saudis despite lawmakers’ objections – USA Today

Theresa May to resign as prime minister – BBC News

Why U.S.-Iran tensions could quickly escalate into a crisis – Reuters

DOJ charges Julian Assange in 18-count superseding indictment – Fox News

Indicting a journalist? What the new charges against Julian Assange mean for free speech – The Guardian

House Judiciary chair: Mueller ‘wants to testify in private’ – CNN

Shanahan’s gag rule memo nets bipartisan backlash – Military Times

As tensions rise, moneyed interests pushing for hard line against Iran – OpenSecrets

3 Lawmakers Propose $2.2B Over 5 Years to Advance AI – Defense One

Vicious Cycle: The Pentagon Creates Tech Giants & Then Buys Their Services – ZeroHedge

Trump shares edited video of Pelosi appearing to ‘stammer’ through speeches – The Hill

Allison Mack invited ‘Smallville’ co-star to NXIVM sex cult meetings: report – Fox News

With squeaker win 26, ‘Jeopardy!’ champ James Holzhauer moves close to another milestone – USA Today

Patrick Stewart returns as Jean-Luc in the new trailer for ‘Star Trek: Picard’ – CNN

Asteroid Flying by Earth Is so Big It Has Its Own Moon – Futurism

How To Retire At 64 With Only Half A Million – SeekingAlpha