Forecasts Point to Tariffs Accelerating Inflation -- Market Talk
The EU plans to expand countermeasures: if negotiations fail, tariffs will be imposed on USA commodities worth 100 billion euros.
The tariff negotiations between the EU and the USA have shown little effect, and measures for counteraction against the USA are being planned.
Canada's Carney Seeks New Deals From Talks With Trump -- WSJ
JPMorgan traders "draw the line": U.S. stocks first break 6000, then hit a new low!
JPMorgan expects that, driven by factors such as the activation of CTA strategy and accelerated Share Buybacks, the S&P 500 Index will first challenge the 6000-point mark. However, afterwards, if investors hold a pessimistic view on the mid-term outlook under high tariffs, the market may retest low levels. JPMorgan agrees with the current widespread view of an economic recession and anticipates a significant decline in hard data such as non-farm employment and retail sales in the next 1-2 months.
Fed and Powell Face 'Tug-of-war' With Trump and His Tariffs Looming
Robert Kiyosaki's Stern Warning: 'Tariffs Won't Protect You, Tariffs Only Increase Inflation As Jobs Are Lost And Wages Come Down'
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104079172 : It's a pensive market waiting to see how 'supportive' Powell is tomorrow when he gives his commentary. No rate cuts are expected but his tone and suggestion of QE is the key.
EZ_money OP 104079172 : more dollars yay
disaster waiting to happen