Apr 4, 2025 | Markets
The fastest US stock market selloff since the depths of the Covid pandemic has left valuations looking cheap. But if a recession is inevitable due to the global trade war sparked by President Donald Trump’s tariffs, the definition of inexpensive becomes relative....
Apr 4, 2025 | Markets
Treasuries climbed and traders boosted their bets on interest-rate cuts by the Federal Reserve as the fallout from President Donald Trump’s tariffs convulsed markets for another day. A solid US jobs report failed to reassure markets on Friday, while comments from Fed...
Apr 4, 2025 | Markets
The Bank of Italy cut its forecast for growth this year, reckoning that new US tariffs will hold back expansion in the euro zone’s third-biggest economy. Gross domestic product is seen rising 0.6% in 2025 compared to a previous forecast of 0.8%, according to the...
Apr 4, 2025 | Markets
Wall Street forecasters are turning ice cold on US equities, telling investors to refrain from buying the selloff as President Donald Trump’s historic trade war raises the specter of recession. Bank of America Corp.’s Michael Hartnett became the latest to recommend...
Apr 4, 2025 | Markets
A frenzy of hedge fund trading that has been a boon to investment banks may suddenly be nearing its limit, as big investors privately mull one of the dreaded phrases of Wall Street: the sidelines. In Manhattan and beyond, some active traders are debating behind the...
