In the news this week

Author: John Crabb, Karry Lai, Olly Jackson | Published: 7 Sep 2018

Americas: Decisions, decisions

This week marked the start of the confirmation hearings for Trump’s Supreme Court nominee Brett Kavanaugh in the Senate. Proceedings got off to a very rocky start when a number of Democratic Senators calling for the hearings to be called off immediately, and there were several vocal protestors in the stands. The nominee is very unpopular amongst Democrats who will take any steps necessary to ensure that the Supreme Court does not take a large swing to the right. Senator Cory Booker released a number of seemingly damning documents with this intent, but these were claimed to be already cleared for public release. The hearings continue.

Elsewhere in the US, Amazon became the second company to reach a valuation of $1 trillion after Apple earlier this year. Technology stocks on the other hand had a difficult week, falling further every day as the value of microchips too tumbled....