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It Ain’t Over Till It’s Over Exhibit A in the battle for America is that “where you stand depends on where you sit.” Many Americans believe Donald J. Trump is the devil incarnate. Others think he is the best thing to happen to the country since George Washington. So what’s the truth? Trump’s history is […]
[Yahoo/Bloomberg] Stocks Sink at Quarter-End as Tariff Fears Spread: Markets Wrap [Yahoo/Bloomberg] Gold Rises Above $3,100 for First Time as US Levies Boost Havens [Yahoo/Bloomberg] Emerging Market Stocks Sink for Third Day on Tariff Threats [Yahoo/Bloomberg] Japanese Shares Plunge as US Tariff Worries Hit Exporter Stocks [Yahoo/Bloomberg] Oil Swings as Traders Weigh Trump’s Threat of […]
[Yahoo Finance] Trump’s ‘Liberation Day’ and a labor report: What to know this week [AP] Trump’s promised ‘Liberation Day’ of tariffs is coming. Here’s what it could mean for you [Reuters] Trump tells NBC he ‘couldn’t care less’ if car makers hike prices due to tariffs [Daily Mail] White House officials are quietly freaking out […]
Where the Puck Is Going During his first inaugural address to Americans struggling in the depths of the Great Depression, President Franklin D. Roosevelt famously admonished, “the only thing we have to fear is fear itself.” This author can certainly think of a few possible additions to FDR’s things-to-fear list, but concedes the point. America […]
[Reuters] Wall St Week Ahead Wobbly US stocks face test with tariffs, jobs data [Yahoo/Bloomberg] Charting the Global Economy: US Inflation Picks Up Before Tariffs [Yahoo Finance] Homebuilders face ‘muted’ spring selling season amid high mortgage rates, tariff uncertainty [Reuters] In disaster-stricken Myanmar, a desperate bid to rescue survivors with bare hands [Reuters] Trump funding […]
A disconcerting environment turned notably more so this week, with market instability becoming more serious. If risk aversion gathers momentum from here, it’s a short step to crisis dynamics. It’s not hyperbole to argue that an outburst of speculative deleveraging could at this critical juncture prove the death knell to a multi-decade super cycle and […]
[Yahoo/Bloomberg] Stocks Slip in Run-Up to Inflation Data: Markets Wrap [Yahoo/Bloomberg] Gold Rises to Record as Trade War Concerns Drive Haven Demand [Yahoo/Bloomberg] Oil Poised for Third Weekly Gain Ahead of More Trump Tariffs [CNBC] Core inflation in February hits 2.8%, hotter than expected; spending jumps 0.8% [Yahoo/Reuters] US consumer spending rises in February; core […]
