Unhedged and Burned, Stock Investors Brace for More Dollar Pain
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...
Trump China Tariffs Set to Unleash Supply Jolt on US Economy
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,...
Morgan Stanley’s Wilson Says Weak Dollar Will Buoy US Stocks
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...
Why the Venture Capital Secondary Market Is So Hot Right Now
Venture capital investing should be relatively simple: You hand money to a new company to help it grow in exchange for a stake in the business. After a few years, once it’s established and able to turn a profit, you sell your interest in an initial public offering or...
S&P 500 Posts Longest Winning Run Since January: Markets Wrap
A solid Wall Street week ended with gains for stocks as a rally in the market’s most-influential group offset conflicting signals about progress in President Donald Trump’s trade negotiations. Bonds and the dollar rose. The surge in megacaps sent the S&P 500 above...
Bezos-Backed Startup Launches Cheap, US-Made Electric Pickup
A Jeff Bezos-backed startup aims to appeal to American car buyers’ patriotism and pocketbooks. Slate Auto plans to debut a small electric-powered, American-made pickup for less than $20,000 with federal subsidies. The bare bones, two-seater truck is designed to make a...
Data-Crunching Wall Street Skeptics Sit Out the Turnaround Trade
Michael Mullaney’s mind was elsewhere during the market rebound this week, even as stocks surged, borrowing costs for Corporate America eased and Treasuries settled down. Instead, the head of research at value-investing firm Boston Partners found himself checking and...
US Consumer Sentiment Slides While Inflation Expectations Jump
US consumer sentiment fell to one of the lowest readings on record and long-term inflation expectations climbed to the highest since 1991 on fears of the economic fallout from tariffs. The final April sentiment index fell to 52.2 from 57 a month earlier, according to...
The Dollar’s Slide Is Raising Red Flags for Corporate Earnings
Rising tariffs and the weakening dollar are casting a shadow on companies’ profit guidance this earnings season, with more damage seen unfolding over the coming quarters. Companies across Europe are already sounding the alarm following the dollar’s slide to three-year...
Emerging Stocks Erase 2025 Loss as Traders Weigh Trade-Deal Odds
Emerging-market stocks rallied, erasing losses for the year, while currencies were mixed Wednesday as traders weighed the odds of a moderation in trade tensions between the world’s two largest economies. An MSCI Inc. gauge for developing-nation equities rose for a...
Amundi Says Clients Are ‘Massively’ Repositioning Into Europe
Amundi SA says it’s seeing a major reallocation as clients pull away from the US and pile into European funds in response to the market upheaval triggered by tariff wars. Investment clients have “massively repositioned” their portfolios toward European equities and...
Markets Are Discovering the Real Trump Trade Is ‘Sell America’
The president’s attacks on the Fed are pushing the world further off its American axis, as governments and investors lose confidence in the US dollar and bonds. Just a few months into Donald Trump’s second term, the pillars of American financial hegemony — erected...
Yale Considers Private Equity Stake Sales Amid Funding Turmoil
Yale University’s endowment is exploring sales of private equity fund stakes as Ivy League schools stare down budget challenges stemming from lackluster investment performance and pressure from President Donald Trump. Evercore is advising the $41 billion endowment on...
China Reining In Smart Driving Tech Weeks After Fatal Crash
China’s Ministry of Industry and Information Technology held a meeting last week with at least a dozen automakers to issue tightened rules over driver assistance technology, in a move that may slow the deployment of such systems by manufacturers. According to...