Photo: Spencer Platt (Getty Images) If the market’s performance these days is giving you flashbacks to the days of 1973 and 1974, when President Richard Nixon resigned and President Gerald Ford replaced him, it’s with good reason: They’re the only two presidents in the post-World War II era who endured a worse stock market performance…
The Fed’s latest economic projections hint at the potential for a bout of stagflation. Fed officials trimmed their expectations for growth and raised expectations for inflation in 2025. Uncertainty around the president’s new policies is high, Powell said at a press conference. The Fed’s interest rate decision didn’t turn any heads on Wall Street but…
Global stock markets started the week on the front foot on Monday as investors welcomed China’s plans to kickstart consumption in the world’s number two economy, with upcoming central bank rate decisions also in focus. Relief about a US government shutdown being avoided helped counterbalance disappointing US economic data. Investors were keeping tabs on Beijing…
Canadian PM Justin Trudeau said Canada will respond to U.S. tariffs. (Photo by Dan Kitwood/Getty … [+] Images) Getty Images Key Takeaways Stocks Fell Amid Volatility As Financials Led Broad Market Declines Tariffs Created Uncertainty, Impacting Consumer Confidence And Retail Earnings Tech Stocks Show Strength While Volatility Remains A Key Focus Tuesday was a volatile…