EU response to new tariff, NVIDIA and Costco quarterly results, and April PCE numbers on Friday. Read More
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Eventually, the profit motive that a capitalistic economy depends on will force all retailers to find a way to mitigate the impact of those tariffs on their bottom lines to satisfy their shareholders. Read More
While Wall Street waits for more clarity regarding trade tariffs, I am going to focus on our mutual fund portfolio this week and next. Read More
Moody's downgrades US debt, will Walmart's price hikes set a precedent, and Trump's tax bill may be in trouble. Read More
While survey results suggest that consumers are expecting the worst, the stock market’s recovery indicates that Wall Street is expecting the best. Read More
There is nothing surprising about the retail sales figures for April, and there is no reason to interpret them as anything more than a reflection of the confusion surrounding the rapidly evolving global trade environment. Read More
Despite low oil prices and a lot of uncertainty surrounding trade tariffs, these three energy dependent companies have all gained ground this year. Read More
Although the top-line CPI numbers for April do not suggest that inflation is coming down fast enough to justify a rate cut by the Fed, the drop in at home food prices is one sign that domestic supply chains are holding up despite import tariffs on crops from Canada and Mexico. Read More
The 90-day pause in reciprocal tariffs between the United States and China is a nice start, but Wall Street won't be willing to fully go back into a risk-on mode until it sees the terms of the final deal. Read More
April CPI numbers on Tuesday, Walmart Q1 results on Thursday, and this month's Consumer Sentiment Survey on Friday. Read More