Trump’s message last night

The Trader

Having warned Russia beforehand and with the United Nations having heard the whispers, Donald Trump ordered two US warships in the eastern Mediterranean to launch dozens of Tomahawk missiles on a Syrian airbase, the strongest intervention yet in this six year old civil war. Saying it was in retaliation for this week’s chemicals weapons attack on civilians – and aimed at where these were purportedly stored - Secretary of State Rex Tillerson said, ‘we feel the strike itself was proportionate’. Mr Trump signed off saying, ‘God bless America and the entire world’. Today President Putin has responded saying US airstrikes on Syria violate international law.

City AM this morning reports that Wells Fargo has dropped out of the top ten biggest companies by market capitalisation; Hong Kong based internet giant Tencent has taken its place. More interesting perhaps is that of the top 10 one is a fund manager (Berkshire Hathaway), another a bank (JP Morgan), an oil company (Exxon Mobil) and a consumer goods manufacturer (Johnson & Johnson). All the others are new technology companies with Apple at the top.

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