Stocks Have Had a Good Bounce. But Here's Why This Investment Manager Thinks Lows Will Be Retested.
US Morning News Call | Trump Proposes Tariff Revenue to Fund Tax Cuts
Goldman Sachs (GS.US) Chairman Su Dewei: Tariffs may have a huge potential impact on the profitability of enterprises.
Su Dewei stated that discussions regarding tariffs may have an impact on business sentiment and could bring significant potential effects on corporate profits and losses.
Kevin Warsh Says the Fed Is Broken. He's Taking Dead Aim at Powell's Job.
The USD has slightly increased, benefiting from the de-escalation of trade frictions and alleviated concerns about the independence of the Federal Reserve.
The US dollar showed a mild upward trend at the beginning of this week, supported by market expectations of easing global trade tensions and reduced risks to the independence of the Federal Reserve. Last week, President Trump announced progress in trade negotiations with Japan and clearly stated there was no intention to dismiss Federal Reserve Chairman Powell.
As the earnings reports season comes to a close, can the profit growth of technology giants keep up with the expansion of their valuations?
This week, Microsoft, Apple, Meta Platforms, and Amazon will report quarterly results in a market affected by concerns over economic recession caused by trade wars and tariffs.
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