Your Pulse On America: Live And Unfiltered
Despite the dollar’s slide to a multiyear low, Piper Sandler says it is still confident on the currency. The dollar index , which measures the greenback against a basket of major currencies, fell last week to its lowest point since April 2022 amid heightened uncertainty from President Donald Trump’s tariffs. Since the start of the…
A widely followed investor survey is showing growth expectations are at a record low. A total of 82% of respondents in Bank of America Securities’ latest global fund manager survey said they expect the global economy will weaken — a 30-year high. The reaction comes as investors try to navigate the chaotic rollout of President…
White House Council of Economic Advisers Chairman Kevin Hassett speaks with reporters outside the White House in Washington, DC, on March 7, 2025. Anna Moneymaker | Getty Images News | Getty Images National Economic Council Director Kevin Hassett said Monday that “more than 10” countries have made “very good, amazing” trade deal offers to the…
When the stock market is in the middle of a panic, investors flee to bonds. Last week, that fundamental “flight to safety” approach didn’t work. A surge in U.S. treasury bond yields sparked questions about the fundamental role of bonds in a diversified portfolio, and even bigger questions about whether an unprecedented shift away from…
The Magnificent Seven stocks — which have underperformed in 2025 after a two-year monster run — are starting to attract interest again now that they’re trading at or below valuations from before the unveiling of ChatGPT, which accelerated the AI boom. On a trailing 12-month basis, Amazon is trading at a 32 price-to-earnings ratio —…
The roller-coaster ride the stock market has been on is unlikely to end next week, with earnings ramping up in an environment where investors, companies and consumers have absolutely no certainty as to what will happen next with trade. Wall Street is about to wrap up one of its wildest weeks of trading ever, that…
The recommendation came after President Donald Trump walked back a trade policy that many worried would tip the U.S. economy into a recession. Source link
The Nasdaq Marketsite is seen during morning trading on April 7, 2025 in New York City. Michael M. Santiago | Getty Images Every bear market has days like this. The Nasdaq soared 12% on Wednesday, the second-best day on record for the tech-heavy index and its sharpest rally since January 2001, which was the middle…
President Trump’s imposition of high tariffs has put investors in an “event-driven” bear market that could turn “cyclical,” as the levies on imports into the U.S. and the threat of retaliation by overseas partners raise the risk of a recession, according to Goldman Sachs. “We argue that we are currently in an event-driven bear market,”…
Billionaire investor Ken Fisher on Monday said Trump’s “stupid” tariffs will fail, and noted the potential for the stock market to recover from here. “What Trump unveiled Wednesday is stupid, wrong, arrogantly extreme, ignorant trade-wise and addressing a non-problem with misguided tools,” Fisher wrote on social media platform “X.” “Yet, as near as I can…