Implications of the US Court Ruling on Tariffs for…
The decision by the US Court of International Trade, which invalidates the Trump administration’s use of the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs, strikes down all of the country-specific tariff hikes implemented in 2025, which relied on IEEPA authority. This includes the 30% tariff increase on China and the 10% baseline […]
Hiltzik: Investors Recognize That ‘Trump Consistently Backs Down’
Hiltzik: Investors realize that ‘Trump always chickens out’ Stock market investors don’t have much to cheer about in the second Trump term, except perhaps for a new and almost flawless trading strategy — the TACO trade. The acronym, coined by Financial Times columnist Robert Armstrong, stands for “Trump Always Chickens Out.” (“Acronyms are very powerful, […]
National Bank of Canada Reports Robust Trading Earnings
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. National Bank of Canada NA reported strong results, with trading revenue up 23% from a year ago. Adjusted net income increased 21% from a year ago, excluding the results from the recently closed Canadian Western Bank acquisition (Feb. 3). Why […]
Bank of Montreal Earnings: Rise in Provisioning
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Bank of Montreal BMO reported OK results, with adjusted EPS of C$ 2.62, up 1% from a year ago. Investors should be aware that the trajectories of the Canadian and US economies have heightened uncertainty related to tariffs. Why it […]
North American Market Recap: May 27, 2025 – Top Gainers and Losers
Top Gainers and Losers: North American Recap for May 27, 2025 Log in to today’s North American session recap – May 27, 2025 The US dollar is leading all majors in what was a steady green day after coming back from closed US Markets. The risk-on tone that kicked off the week continues to hold, […]
Tesla: Decline in Sales Across All Three Major Markets in April
Key Morningstar Metrics for Tesla Tesla Stock Update The European Automobile Manufacturers’ Association reported Tesla’s sales were down nearly 50% in April in the European Union, United Kingdom, and European Free Trade Association countries combined. Tesla shares were up 3% on broader market optimism following a US tariff delay on EU imports. Why it matters: […]
Staying Positive: Three Reasons for Optimism Amid Tariffs
When the US administration launched its first salvo of tariffs in early April, there was a real fear in Europe that the progress the region had made on lowering inflation and fostering growth could be completely lost. The market reaction on May 23 to threatened 50% tariffs on Europe shows that trade war anxiety remains […]
Invest in America: Secure Your Wealth with Gold
The “sell America” trade is getting a lot of attention these days, but it seems that enough is enough. The about-to-be-hiked tariffs for the EU were delayed by a month (precisely: to at least July 9), and it looks like we’re getting the same kind of story as we’ve seen recently. First, a threat, then, […]
US Stock Futures Rise Following Trump’s Announcement to Delay EU Tariffs
US stock futures higher after Trump said he will delay EU tariffs President Trump threatens Apple and EU with tariffs President Donald Trump reignited trade tensions with back-to-back social media posts targeting the European Union and Apple. U.S. stock futures are higher after President Donald Trump said over the weekend he would delay 50% tariffs […]
Promising Undervalued Stocks Likely to Gain from US…
The uptick in homebuilding in the United States has ripple effects that extend beyond its borders. One sector that stands to benefit is Canadian lumber, as many producers are closely tied to the US housing market and generate a significant share of their revenue from it. An increase in US home construction boosts demand for […]