Gold Price Surge Stalls as Traders Analyze Data and Powell’s Comments
Meanwhile President Donald Trump called for lower interest rates as Powell continued with his second-day testimony before the House Financial Services Committee. The US central bank “will make decisions about interest rates as we go,” said Powell during the testimony, adding that Wednesday’s inflation print shows “we’re close but not there on inflation.” He told […]
Is This Highly Rated Concentrated Stock Fund Poised for a Comeback?
Concentrated stock funds (ones with relatively few stocks) can offer outsized returns when their bets pay off. However, when one hits a slump, investors can feel the downside of this approach more than they would with a broadly diversified portfolio. That’s been the case for BMO Concentrated Global Equity F, a USD 2.6 billion 3-star […]
Stock Market Today: Real-Time Updates
Stock market today: Live updates Orange juice futures extend losing streak Orange juice futures (MAR) were lower again Tuesday, marking their eighth consecutive negative session. OJ hit a low of 385.50 cents per pound, its lowest level since May 9, 2024. This pullback comes despite futures reaching all-time highs in mid-December. Market observers are surprised […]
Record Gold Prices: A Challenge for Leading Miners
Gold’s rally is adding pressure for the two to perform: the precious metal has hit repeated record highs already this year, on a steady march toward $3,000 an ounce, thanks to increased demand for the safe-haven asset. “Gold is at $2,900 so the market is now saying ‘Show me the money’,” said Imaru Casanova, a […]
Trump Sparks Confusion with New 25% Tariff on…
In another twist in the US-Canada trade dispute, US President Donald Trump has imposed a steep 25% tariff on Canadian steel and aluminum, whipping up a market frenzy just a week after delaying broader tariffs by a month. Analysts say the pause doesn’t get Canada off the hook, and the risk remains of economic fallout […]
Gold (XAU/USD) Forecast: $3000/oz Target Within Reach Amid Increasing Safe Haven Demand
Gold (XAU/USD) Outlook: $3000/oz Target Possible as Safe Haven Demand Rises Most Read: Markets Weekly Outlook – Inflation Fears Rise with Tariffs Ahead of US CPI Release Risk aversion continued at the start of another week following Donald Trump’s pledge of blanket tariffs of 25% on steel and aluminum imports to the US. The markets […]
Ex-CFPB Chief Sounds Alarm on Elon Musk’s DOGE
Former CFPB Leader Raises Red Flags on Elon Musk’s DOGE The Consumer Financial Protection Bureau’s HQ was shut down on Sunday. Elon Musk, head of the Department of Government Efficiency, wants to eliminate the agency. The first director of CFPB told BI that Musk’s calls to dismantle the bureau are “totally unethical.” The first director […]
Gold Prices Surge Above $2,900 Amid New Tariff Concerns
The rise follows Trump’s announcement of an additional 25% tariff on all steel and aluminum imports, as well as plans to impose reciprocal tariffs later this week. “Obviously the tariff war is behind the rise; it just reflects more uncertainty and more tension in the global trade situation,” Marex analyst Edward Meir said in a […]
Trump Fuels Uncertainty, Hints at 25% Tariff on…
In another twist in the US-Canada trade dispute, US President Donald Trump said he plans to impose a 25% tariff on Canadian steel and aluminum, just a week after broader tariffs were delayed by a month. While that delay offers a reprieve, the lingering policy uncertainty creates an unwelcome headwind for an underperforming economy. Analysts […]
After Earnings: Should You Buy, Sell, or Hold Microsoft Stock?
Microsoft MSFT released its fiscal second-quarter earnings report on Jan. 29. Here’s Morningstar’s take on Microsoft’s earnings and stock. We are maintaining our fair value estimate for wide-moat Microsoft at $490 per share after the firm reported good results, with guidance between our expectations and slightly light. The outlook generally offsets quarterly performance, which holds […]