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Chicago Fed Chair Goolsbee Agrees With Bessent: 'Fed Independence Is A Jewel Box,' Awaits Tariff Revisit Before 'Jumping To Action'
April 22, 2025
Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping to any action.
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Economy
World Trade
Exposures
Interest Rates
Tariff
Japan Dispatches Envoy To Xi Jinping To Dodge Fallout From Escalating US-China Trade Rift
April 22, 2025
A high-level delegation headed by Tetsuo Saito, chief of the ruling Liberal Democratic Party's junior coalition partner, will deliver a letter to Xi Jinping during a three-day visit, beginning on...
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Gold Breaks $3,500 Barrier As Tariff Jitters Add To Luster — Economist Warns Of Dollar's Waning Supremacy
April 22, 2025
Gold is up about 32% this year even as the U.S. dollar Index languishes at a three-year low and the S&P 500 - a measure of broader market performance, declining over 12%.
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Tom Lee Urges Bessent And Lutnick To 'Put Points On The Board' For A 'Positive Policy Shock' To The Stock Market
April 22, 2025
Tom Lee has urged Scott Bessent and Howard Lutnick to expedite trade deals for a positive "policy shock" to the stock markets.
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Benzinga
Tom Lee Says $1.4 Trillion Market Meltdown Matches Annual Trade Deficit, Presses White House To Fast-Track Deals
April 22, 2025
U.S. stocks plummeted Monday as $1.4 trillion in market value vanished, prompting Fundstrat’s Tom Lee to draw a parallel between the single-day loss and America’s annual trade deficit.
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Jim Cramer Says 'Manufactured' Market Crisis Can Be Un-Made With ‘The Stroke Of A Pen’ — But Not Before Stocks Test New Lows
April 22, 2025
The stock picker mentioned tariffs and the ensuing uncertainty, Trump's threats of firing Powell that could lead to a constitutional crisis, and the debt ceiling issues as the overhangs on the market.
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US Recession Inevitable If High Tariffs Remain, Apollo’s Top Economist Warns
April 22, 2025
If the high tariffs remain in effect, the odds of a two-quarter contraction in economic output stand at 90%, Torsten Slok said.
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Wells Fargo Flags Potential Data Center Spending Slowdown At Amazon: Retail Sentiment Sours On Tech Stocks
April 22, 2025
Wells Fargo surmised that the companies are more discerning with leasing large clusters of power even as they tighten up pre-lease windows for capacity that would be delivered before the end of 2026.
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This Bear-Trap Could Be A Huge Payday
April 21, 2025
Are you seeing this big range on the 60min? I hope so, because it tells me this Bear Trap could be one of our biggest winners of the week!
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US Stock Futures Rise After Trump-Induced Plunge, Strategist Upholds Defensive Position: Traders Eye Verizon, Tesla Earnings
April 21, 2025
Fund manager Louis Navellier said it is time for traders to think and prosper during what he sees as a "spectacular earnings season."
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Dow Gaps Lower As Powell Draws Trump Ire
April 21, 2025
The Dow shed 971 points on Monday and the Nasdaq gapped 2.6% lower, with both indexes marking fourth-straight losses.
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Dow Eyes 4th-Straight Drop As Trump Pressures Federal Reserve
April 21, 2025
Stocks are sharply lower this afternoon.
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Wall Street Sinks, Dollar Slides As Trump Ramps Up Fed Attacks: What's Driving Markets Monday?
April 21, 2025
Stocks in the U.S. were trading sharply lower by midday Monday, while gold and Bitcoin (CRYPTO: BTC) surged in tandem, as a renewed political storm surrounding Federal Reserve independence shook...
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Apple Not ‘Out Of The Woods Yet’ Says Analyst Who Warns Of Rising Costs From Trump’s Trade War
April 21, 2025
Moffett Nathanson reiterated its ‘Sell’ rating and cut its price target to $141 from $184, implying 25% downside from current levels.
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US Dollar Continues To Slide As Trump Ramps Up Attacks On Fed Chair Powell
April 21, 2025
The dollar index tumbled to as low as 97.92 on Monday, before paring some of the losses to trade at 98.47 at the time of writing.
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Selling On Threat To Powell - Dollar, Stocks, And Bonds Fall; Gold And Yen Rise
April 21, 2025
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Trump Calls Powell a ‘Major Loser,’ Dow Tumbles 650 Points As President Ramps Up Attack On Fed Chair
April 21, 2025
President Donald Trump also stated that Powell only acted decisively during the 2020 election period to help candidate Joe Biden.
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Dollar Slips To A Three-Year Low Below 98-Mark: 'Higher Rates Are Not Supporting The Dollar,' Says Expert
April 21, 2025
The U.S. Dollar Index Spot slipped below the $98 mark for the first time in over three years since March 30, 2022, on Monday.
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Benzinga
Dow Futures Decline As Trump’s Tariffs Cloud Earnings Season: Tech Bull Says ‘White House Needs Trade Deals Done Quick’
April 21, 2025
In Monday’s pre-market session, the Dow Jones futures were down 0.9%, while the S&P 500 and the Nasdaq 100 futures traded lower by nearly 1.1%.
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Klaus Schwab Retires From WEF After 55 Years — Former Nestle Chief Named Interim Successor
April 21, 2025
The Forum has unanimously named former Nestlé CEO and vice chairman Peter Brabeck-Letmathe as interim chairman while it begins the search for Klaus Schwab’s replacement.
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S&P 500 'Approaching Bubble Territory:' US Stocks Remain Historically Overvalued Despite Recent Correction, Says Market Researcher
April 21, 2025
The S&P 500 index could still be hovering in the bubble territory as the S&P 500 Shiller CAPE ratio remains above 30 for 18 months.
Via
Benzinga
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US Stocks Likely To Open Lower: 'Best And Worst Days Tend To Occur Near The Same Time,' Says Expert
April 21, 2025
U.S. stock futures declined on Monday after a holiday-shortened week that ended with a mixed close on Thursday.
Via
Benzinga
Japan Refuses To Sacrifice National Interests As 2nd Round Of Trump Tariff Talks Loom
April 21, 2025
Premier Shigeru Ishiba’s remarks came a day after he said on public TV that the ongoing Japan-U.S. trade negotiations should serve as a model for talks between the U.S. and other countries.
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Dean Of Valuation Aswath Damodaran Warns Buying The Dip Akin To Catching A Falling Knife, Says It Takes A 'Stronger Stomach' Than Most Have
April 21, 2025
Aswath Damodaran highlights against a simplistic interpretation of "buying the dip" in his latest blog post.
Via
Benzinga
Trump Batters Greenback With His Fed Criticism, Hard China Stance — Dollar Index Plunges To Fresh 3-Year Lows
April 21, 2025
The negative sentiment toward the world’s largest traded currency stems from fears of a global recession, as the Trump administration’s reciprocal tariffs are widely expected to stifle growth and perk...
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Government
World Trade
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Xi Jinping's China Pledges Retaliation Against Countries Isolating Beijing By Giving Into Trump Administration's 'Unilateral Bullying,' Says It Will 'Never Accept It'
April 21, 2025
Chinese Commerce Ministry has warned against the US using tariffs to coerce other countries into restricting economic cooperation with China.
Via
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Tariff
China Warns Of Blowback To Countries Engaging In US Trade Talks, Urges Resisting 'Unilateral Bullying'
April 21, 2025
The world's second-largest economy also cautioned that once international trade returns to the "law of [the] jungle," no one will be immune, and the "strong will prey on the weak."
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Trump Tariffs May Trigger Brief Artificial Economic Boost Before Summer Slowdown, Warns Fed's Goolsbee
April 20, 2025
The president of the Chicago Federal Reserve said the auto industry is one of the sectors most likely to fill inventories before new tariffs take effect.
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Gold's Rise Warns Of The Dollar's Demise
April 20, 2025
This video recap discusses record gold highs, critiques the focus on Bitcoin, and warns of impending economic crisis exacerbated by tariffs.
Via
Talk Markets
Topics
Currencies/Forex
Why 2025 Has Been So Painful
April 20, 2025
Media outlets will remind us that the S&P 500 is down about 10%, but you may be feeling a little more angst than you think you should for a 10% correction. After all, this year has been much more...
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