Wall Street, Trump and Liberation Day
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The prospect of an all-out trade war as well as declining consumer and business confidence prompted Goldman Sachs on Monday to raise its 12-month recession odds to 35%, up from 20%.
From New York Post
President Trump says Wednesday will be “Liberation Day” — a moment when he plans to roll out a set of tariffs that he promises will free the United States from foreign goods.
From The Boston Globe
The U.S. stock market’s drops followed a sell-off that spanned the world earlier Monday as worries build that tariffs coming Wednesday from Trump will worsen inflation and grind down growth for econo...
From HuffPost
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24/7 Wall St. on MSNWall Street Says 1970s Stagflation Possible: 4 Safe High-Yield Dividend Kings to Grab NowIf you were a big fan of “That '70s Show,” get ready because we may soon get a revival, and it will likely not be as entertaining. Many across Wall Street feel that the looming specter of stagflation may be right around the corner,
2don MSN
During President Trump's first term in the White House, the Dow Jones, S&P 500, and Nasdaq Composite respectively soared by 57%, 70%, and 142%. Investors are hoping another round of corporate income tax cuts, coupled with deregulation, will lead to an encore performance for the stock market.
1don MSN
A conversation with market watcher Julia Coronado, who says investors are worried that Trump’s appetite for disruption is higher in his second term.
Virtually all of Wall Street is expecting the Fed to announce no change to its main interest rate this afternoon, as it waits to see how conditions play out. For the moment, the job market seems to be relatively solid overall after the economy closed last year running at a solid pace.
U.S. stocks are drifting higher Wednesday as Wall Street waits to hear what the Federal Reserve will say in the afternoon about where interest rates may be heading. The S&P 500 was up 0.3% in early trading.
But as tariffs serve as the most immediate threat to growth and inflation, a resilient US labor market continues to assure Wall Street watchers the economy can avoid a recession — at least for now.
4d
24/7 Wall St. on MSNTariffs Could Keep the Federal Reserve on Hold: 5 High-Yield Dividend Kings Are Our Top CallsGrowth and income investors may want to consider the highest-yielding Dividend Kings. These five make sense for passive income streams.
U.S. stocks rallied on Wednesday after the Federal Reserve kept rates unchanged as widely expected, and the central bank and investors continue to gauge how President Donald Trump's tariff policies affect the economy and inflation.
U.S. stocks are drifting higher Wednesday as Wall Street waits to hear what the Federal Reserve will say in the afternoon.