Finance
WASHINGTON (TNND) — A sudden escalation in the U.S.-China trade war has threatened to undo months of progress between the world’s two largest economies. The unraveling of what had been productive talks between the two superpowers began late last week when China announced new global export controls on its coveted rare earth minerals and products…
A top Wall Street analyst who has been predicting a “rolling recovery” after a mysterious, secretive “rolling recession” over the past three years has issued a bearish call on the back of renewed trade tensions between President Trump and China. Mike Wilson, chief U.S. equity strategist for Morgan Stanley, warned on Monday that a “larger…
New York, NY – October 13, 2025 – JPMorgan Chase & Co. has identified a potent catalyst for rapid market downturns: levered Exchange Traded Funds (ETFs). The financial giant’s analysis, which first gained significant traction following a sharp market correction in late 2024, points to the inherent structural mechanics of these amplified investment vehicles, particularly…
No two speculative booms are exactly alike, of course, but they share some common elements. Typically, there is great excitement among investors about new technology—in today’s case, A.I.—and its potential to boost profits for companies positioned to take advantage of it. In the twenties, commercial radio was a novel and revolutionary medium: tens of millions…
U.S. Treasury Secretary Scott Bessent on President Donald Trump’s role in the Israel war and China’s rising aggression amid trade tension. In its sharpest response yet to recent U.S. trade actions, China said on Monday it “firmly rejects” Washington’s new restrictions and urged the Trump administration to honor commitments made between the two leaders in…
The new JPMorgan Chase & Co. offices in New York. (Bloomberg) — A run for the exits by investors in levered exchange-traded funds on Friday exacerbated the largest single-day stock market selloff since April, according to strategists at JPMorgan Chase & Co. The S&P 500 Index fell 2.7% in the rout, while the Nasdaq 100…
It’s Monday October 13, and this is the stock-and-markets report for the day. Investors were pushing stocks sharply higher Monday after President Trump softened some of his rhetoric about China and tariffs. At the same time, traders were reacting to the prospects of some sort of peace coming to … Source link
Economist Jeremy Siegel said President Donald Trump’s tariffs on China are temporary and that, if they are lifted, stocks could hit “new highs.” The market sell-off on Friday was triggered by Trump posting on Truth Social that China was “becoming very hostile” in trade talks. He said he would impose a 100% levy, “over and…
CNBC’s Jim Cramer said Monday that Wall Street is a land divided — with three distinct markets existing under the surface that are all behaving differently. “We’ve got a speculative market, and then we’ve got a market that is keying on tech, and then we’ve got a regular market that isn’t doing anything,” Cramer said…
Wondering why you haven’t gotten any mail today? Arrive at the bank only to find it closed? Need to get a driver license today? That’s because Monday, Oct. 13 is Columbus Day and Indigenous People’s Day, a federal and state holiday. Columbus Day recognizes Italian explorer Christopher Columbus making landfall in the Americas in 1492….