From Partners to Rivals: A Timeline of Trump and Elon Musk’s Evolving Relationship
From Allies to Adversaries: The Timeline of Trump and Elon Musk’s Relationship There has been much talk about the rupture of one of the most surprising relationships between the world’s richest man, Elon Musk, and US President Donald J. Trump. This story’s beginning comes from a significant surprise – Elon Musk, who shared and endorsed […]
JPMorgan Increases Year-End S&P 500 Target, But Predicts Limited Upside Potential
JPMorgan raises its year-end S&P 500 target, but sees little upside left Strong earnings and a resilient economy amid extreme policy uncertainty this year have uplifted JPMorgan’s view on U.S. equities. Head of global markets strategy Dubravko Lakos-Bujas raised his year-end S & P 500 price target to 6,000 from 5,200. The strategist cited an […]
US Services PMI Slips into Contraction as Equities Remain Under Pressure
US Services PMI dipping into Contraction – Equities continue to reject Highs Consecutive misses on US data in the North-American Morning Session as the US Services PMI came in at 49.9 vs 52 expected. Equity markets which rallied back after the miss on ADP Data, gapped right back down as Services Data, which has been […]
Virgin Australia Set for $685 Million IPO Four Years After Restructuring
Virgin Australia $685 Million IPO Return After 4 Years SYDNEY- Virgin Australia (VA) has initiated its return to the Australian sharemarket following a four-year absence, with bankers offering shares at $2.90 each for the highly anticipated ASX re-listing. The initial public offering marks the culmination of years of restructuring under private equity ownership after the […]
Gold Soars Amid Safe-Haven Demand — Striving for New All-Time Highs?
Gold Surges on Safe-Haven Demand — On Track for New All-Time Highs? Gold has been rallying consequently since the Sunday open after the Trump Administration decided to appeal the US Federal Court decision to block the Tariffs on Imports. The precious metal is at the highs of the day following an ISM Manufacturing report that […]
Hedge Funds Accelerate Stock Purchases at Fastest Rate Since November 2024, According to Goldman Sachs
Hedge funds buy stocks at quickest pace since Nov 2024, Goldman Sachs says By Nell Mackenzie LONDON (Reuters) -Hedge funds bought global equities last week at the quickest pace since November 2024, Goldman Sachs said in a note, just as stock markets ended the month with their most positive May performance in decades. The S&P […]
Upcoming Week: May NFP Report, Bank of Canada and ECB Rate Decisions
A Week Ahead: May NFP, Bank of Canada and ECB Rate Decisions Week in Review: Trump Taco, USD indecision and RBNZ Rate decision This week was once again filled with tradable action in markets. The week started off with closed US and UK markets, a broadly positive sentiment taking global indices higher in the beginning […]
Trump Said ‘Tariffs Are Easy’ – He’s Discovering the Hard Truth | Trump Tariffs
Trump claimed ‘tariffs are easy’ – he’s learning the hard way that’s not the case | Trump tariffs “Tariffs are easy,” Donald Trump claimed in March. For his administration, and the world, they have proven anything but. Now an obscure New York court has blocked his signature trade policy, setting up a battle that looks […]
Solana Price Analysis: Will Bulls Surpass Recent Highs of $185?
Solana Price Analysis: Can bulls break above recent highs of $185? /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together with the page. DVIyz – is a forced measure to prevent JS function from being overwritten. */ function load_advertisement_DVIyz(){ let adSlot = document.getElementById(‘ad-slot-container-DVIyz’); fetch(‘/load-advertisement/26/?is_sidebar=False’) .then(response => response.text()) .then(html => […]
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, […]