With Tokyo inflation accelerating well above 3% and solid wage gains expected, the possibility of the Bank of Japan hiking rates in June is increasing. Still, we’re sticking with our base case for a July tightening amid tariff uncertainty.
Amid the U.S.-China trade war and economic uncertainty, Intel is seeing unexpected demand for its older chips as businesses prioritize cost and stability over cutting-edge tech.
One basic question in economics is about “the multiplier”–that is, how much will an increase in government spending boost the size of the economy. If the boost in government spending doesn’t increase the size of the economy, the multiplier is zero.
Gene Munster warns that while Google's AI Overviews show steady usage and revenue, the company must overhaul its search experience to avoid becoming the next eBay in the AI era.
Considering how this week started — with a heavy thud on threats to Jerome Powell’s job as Fed Chair — these indexes are up +2% to nearly +5% so far this week. Not too shabby.
IBM's stock fell 6% in today’s trading session despite beating its first-quarter expectations after-market hours on Wednesday and maintaining its full-year revenue guidance.
U.S. stock futures are up Thursday night following three back-to-back days in the green during the regular session, amid growing earnings optimism and easing trade tensions.
U.S. stocks climbed for a third straight session, notching their longest winning streak since early April. The Nasdaq jumped 2.7% to close at 17,166.04.
After a great trading day on Wednesday, Thursday was less exciting. The market rallied on optimism that the trade war is over. Here’s a look at key Fibonacci levels across major equity index futures to watch as this momentum unfolds.
The EUR/USD pair weakens to near 1.1380 during the early Asian session on Friday. However, the downside for the major pair might be limited as investors remain concerned about the US-China trade tensions.
Charlie Munger warned in 2019 that a full-blown U.S.-China tariff war would be "massively stupid," urging both nations to accept some discomfort and strike a deal instead.
