Tax cut kicks the “deficit can” down the road

An economy facing possible indigestion from big increases in tariffs now is contending with a second headwind: potential fallout from a rise in government borrowing costs. Earlier this week, Moody’s downgraded the United States’ credit rating, stripping the United...

Hoping for a good ending to a bad movie

Markets enjoyed a nine day rally this week, before pausing amid mixed signals around tariffs and earnings. While certain sectors continue to show strength, global trade relations present a complex picture, with both advancements and ongoing tensions. Wall Street on...

First clear signs of the impact of tariffs

he S&P 500 index has now notched seven negative weeks out of nine, as tariff developments continue to sour sentiment. The U.S. and China’s trade war continued to heat up after chipmakers Nvidia and AMD disclosed billions in inventory write offs due to the...

Trump throws Wall Street into a bear market

It was a historic week for Wall Street – but not in a good way. Donald Trump’s sweeping reciprocal tariffs announcement on “Liberation Day” resulted in the biggest rout in U.S. stocks since the market crash of COVID-19 in 2020. The  S&P 500...

Trump sends the markets into correction territory

Donald Trump is escalating his global trade war, issuing increasingly wild threats as targets from China to Canada and Europe retaliate with tariffs of their own rather than retreat. In the meantime, the resulting chaos has driven the S&P 500 into a correction....

Brace for a correction in the markets

Earlier this week, Trump affirmed that the previously announced 25% tariffs on Canada and Mexico would go into effect on March 4.  Then followed it up by saying that “China will likewise be charged an additional 10% tariff on that date”. The new tariff would be...