Markets were abuzz with headlines from Washington today. The S&P 500 opened 1.7% lower on the weekend’s news that President Donald Trump announced that he would slap 25% tariffs on Mexico and Canada on Tuesday. But losses were pared

Aside from plenty of news about tariffs, the economic week ahead is jampacked with economic indicators that might be affected by tariffs in coming months. Capped off by January’s monthly employment report on Friday, the week will also include releases on

We are sure that Forbes magazine has had plenty of cover stories about successful entrepreneurs who survived the front-cover curse and remained successful. However, the magazine has also featured a few rising stars who subsequently crashed and burned. The latest Forbes front cover features

Fed Chair Jerome Powell’s basic message during his press conference yesterday was that the Fed is in no hurry to lower interest rates, but the Fed still intends to lower them over time. So it’s a dovish pause. That

The FOMC left the federal funds rate (FFR) unchanged today at 4.25%-4.50%, as widely expected. At his presser today, Fed Chair Jerome Powell confirmed that the Fed might pause cutting rates for a while. He mentioned five times that

Today, the US stock market quickly confirmed our view that DeepSeek is a positive for the proliferation of AI, which should boost productivity and economic growth, especially in the US. The Nasdaq added 2% as Nvidia rose 9%. Both

DeepSeek took a bite out of semiconductor, other tech, as well as nuclear power stocks today. Many of these AI plays dropped by double-digit percentage points, and Nvidia fell 17%. Other than the impact of the largest US stock nearly entering

The week ahead is packed full of important economic data releases, big tech earnings reports, and central bank meetings. Economic updates will include consumer sentiment, manufacturing, economic growth, and inflation. We’re broadly expecting strong growth, including the first estimate

The Q4-2024 earnings reporting season is going well so far. It started out two weeks ago with better-than-expected big bank earnings. As a result, industry analysts increased their consensus expected Q4 earnings growth rate for the S&P 500 companies

President Donald Trump invoked his inner President Ronald Reagan today in a virtual speech at the World Economic Forum in Davos, Switzerland. But his asks amounted to a taller order than just “tear down this wall.” During his address,

Stock price indexes are back at record highs. Yet the stock market’s sentiment indicators have turned stubbornly bearish over the past couple of weeks. We noted this development a week ago and concluded that it might be a bullish

The stock market rose today, buoyed by the fact that President Donald Trump didn’t raise tariffs on Day #1 of his second term as was widely expected. Instead, he will be raising them on Canada and Mexico on Day #13

The bond and stock markets were closed today for MLK Day. When they reopen tomorrow, we will all be able to assess their initial reactions to Trump 2.0 following today’s Inauguration ceremony. The major stock market futures indexes were

The week ahead will be light on economic indicators and heavy on executive orders (EOs). While the markets are closed on Monday for MLK Day, President Donald Trump will be inaugurated into office for his second term. Out of the gate,

Today’s batch of December economic indicators in the US has mostly eased any downside concerns about the labor market, consumers, and the economy overall. The Atlanta Fed’s GDPNow tracking model is now showing Q4-2024 real GDP growth of 3.0%