Apr 11, 2025 | Markets
Market jitters over trade could damage more than your retirement fund balance. When investors feel less wealthy, they may also choose to spend less. Income is a paycheck, but wealth is at least partially a vibe. One day a portfolio of stocks is worth $100,000, and the...
Apr 10, 2025 | Markets
A JPMorgan Chase & Co. strategist whom Jamie Dimon has lauded as “one of our firm’s great thinkers” is taking an unusual approach to highlight fears on Wall Street over speaking out against the Trump administration. On Monday, before Donald Trump pivoted...
Apr 10, 2025 | Markets
The dollar plunged Thursday, with the cost of hedging against further slides climbing to the highest since the Covid pandemic shuttered cities in early 2020. Markets expect more dollar weakness, with the Bloomberg Dollar Spot Index down 1.5% at the end of trading in...
Apr 8, 2025 | Markets
Former Treasury Secretary Lawrence Summers warned that the US is now likely headed toward a recession, with potentially 2 million Americans put out of work, thanks to the tariff increases now in train. “It’s more likely than not that we’re going to have a recession —...
Apr 8, 2025 | Markets
The stock market is particularly vulnerable to wild swings right now due to a combination of thin liquidity and headline-driven algorithmic trading bots. That’s what helped turn a false tweet about President Donald Trump’s plans for tariffs into a $2.7 trillion market...