Williams ups his inflation and unemployment forecasts. The Fed’s own studies show Inflation expectations are proven nonsense, primarily because most purchases are inelastic.
China's new chip origin rule spares U.S. designers like Nvidia, AMD, and Qualcomm from 125% tariffs by exempting Taiwan-fabricated chips, while penalizing U.S.-based manufacturers like Intel, GlobalFoundries, and Texas Instruments, reshaping the global semiconductor supply chain.
RFK Jr. questions if society should cover healthcare costs for unhealthy habits, sparking debate. Experts worry about limiting access based on behavior.
Bear markets are for the patient few. Those who can resist the countless occasions to lose money. With each bounce comes an opportunity for investors to buy higher so they can later sell lower.
When we left off on Wednesday morning which seemed like a year ago, I showed a number of charts that were supportive of the stock market finding “A” bottom earlier this week.
Well, not really. Earnings season is going to heat up, and I think I heard something somewhere about political turmoil and tariffs. Still, scheduled economic events are going to dry up for most of the month.
Nvidia (NVDA) shares rose Friday, recovering some ground after a sharp selloff in the previous session, as market volatility around tariffs remained the primary catalyst for the chipmaker’s stock.
The Dow Jones Industrial Average (DJIA) caught a late bid on Friday, rising back into the 40,000 major price handle after an early dip on rising tariffs between the US and China.
