Apr 28, 2025 | Markets
Treasury Secretary Scott Bessent’s debt-management team is expected to keep the department’s plans for sales of longer-dated securities steady, especially after recent swings in the $29 trillion market. Despite having criticized his predecessor Janet Yellen for...
Apr 28, 2025 | Markets
The last time Big Tech delivered earnings, Donald Trump had just started his second term, stocks were soaring on expectations of a pro-growth agenda and investors’ main worry was how long it would take companies to convert their artificial intelligence spending into...
Apr 28, 2025 | Markets
For years, it was the money-minting trade for the investor set in London and Paris and Tokyo: Buy dollars and plow the proceeds into S&P 500 and Nasdaq stocks. Not only were US equity returns far superior to those generated at home, but they were magnified by the...
Apr 28, 2025 | Markets
President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home. Since the US raised levies on China to 145% in early April, cargo shipments have plummeted,...
Apr 28, 2025 | Markets
Morgan Stanley’s Michael Wilson says the weak dollar will support US corporate earnings, helping the American stock market to outperform the rest of the world. At a time when many other Wall Street strategists are calling time on the era of US exceptionalism, Wilson...
