Stocks Pause to Digest Inflation Data
Coming off a massive trade truce relief rally that saw US indices gain 2.8%-4.4% led by the NASDAQ, US index futures are mixed this morning trading between a 0.3% loss for Dow Futures and a 0.3% gain for NASDAQ futures. European bourses are up slightly across the board with the DAX, CAC and FTSE all […]
Unusual Action in Bonds and Currencies as the Trade War Escalates
The growing trade war, especially between the US and China, continues to escalate. President Trump’s tariffs went into effect overnight, and this morning China announced new retaliatory tariffs against the US, raising their tariff on US goods to 84% from 34%. Growing concern about the potential impact of tariffs on the world economy has put […]