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Trump to Send 'Take It Or Leave It' Tariff Letters To 12 Countries On Monday: Report
2025 Jul 05, 4:32am | 456President Donald Trump has said that he has signed letters to 12 countries, detailing the tariff rates they would face on exports to the United States. What Happened: According to a Reuters report, these “take it or leave it” offers are set to be dispatched on Monday. Trump did not...
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Trump's Tariff Refund Could Cost US $10 Billion With 2% Month-End Rebalance Impact On Equities In Case Of An Appeal: 'Uncertainty Is Back Front And Center'
2025 May 29, 8:41am | 1070The Federal Court’s decision to strike down President Donald Trump‘s tariffs could have a widespread effect on the economy, stock market and individual companies, which were starting to settle with the idea of higher duties. What Happened: Considering the same level of imports from 2024...
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Stock Market Is Pricing A Never-Before-Seen 'Divergence' As Equities And Bonds 'Run It Hot' Amid Gloomy Outlook By Bottom-Up Analysts
2025 May 28, 8:28am | 812The financial markets are signaling a remarkably bullish outlook, with both stock and bond markets fully embracing a “run it hot” trade. However, this aggressive market pricing stands in stark contrast to the pessimistic views held by bottom-up analysts, companies, and economists,...
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Trump Administration Claims It's 'Kicking' 1.4 Million Undocumented Immigrants Off Medicaid, But Grok Clarifies Federal Medicaid Does Not Cover Them, States Do
2025 May 26, 10:46am | 820After a member of the Donald Trump administration shared a post about “kicking” 1.4 million undocumented immigrants off the Medicaid program as part of the “One Big Beautiful Bill,” X’s AI bot Grok clarified that undocumented immigrants are already ineligible for...
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Peter Schiff Slams Trump's EU Tariff Delay As 'Fake Win' — Says It 'Still Leaves Americans Paying Higher Tariffs'
2025 May 26, 7:24am | 727Economist Peter Schiff has sharply criticized Donald Trump‘s recent decision to postpone threatened 50% tariffs on European products, dismissing the move as a “fake win” that ultimately leaves American consumers footing a higher bill. What Happened: In an X post, Schiff weighed in...
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Jim Cramer Warns Of More 'Torture' Ahead As 10-Year Yields Flirt With 4.75% Amid Trump's 'One Big Beautiful Bill' Moving To Senate: 'Get Used To It'
2025 May 23, 8:57am | 625As the “One Big Beautiful Bill” progresses to the Senate, investors should brace themselves for continued volatility in Treasury yields, according to Jim Cramer. What Happened: The host of “Mad Money” warned that the market will likely “flirt” with a 4.75% yield...
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Jamie Dimon Says US Is Not In A 'Sweet Spot,' Flags Stagflation Risk And Deficit Problems Amid Trump-China Tensions
2025 May 22, 7:18am | 604The Chairman and CEO of JPMorgan Chase & Co., Jamie Dimon, addressed the issues surrounding huge deficits, inflationary factors, and geopolitical risk in the U.S. economy while talking to Bloomberg Television at the Global China Summit in Shanghai. What Happened: While Dimon agreed with the...
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Remembering Moments When I Thought Things Took A Permanent Turn For The Worse
2025 May 19, 1:49pm | 3119One of the benefits of aging as an investor is that you accumulate invaluable experience and perspective by living through a lot of very bad economic and financial market events. These include events when, in the moment, it felt like things had permanently taken a turn for the worse. But...
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Peter Schiff Slams Scott Bessent For Ignoring Trump's Tax Cuts In Moody's Downgrade, Blaming Biden Instead: 'It's Only Lagging In That Moody's Should Have Acted Sooner'
2025 May 19, 8:28am | 663Economist Peter Schiff has sharply criticized Treasury Secretary Scott Bessent for downplaying the role of President Donald Trump's tax cuts in the recent Moody's downgrade of the U.S. sovereign credit rating, instead pinning the blame on the Joe Biden administration. What Happened: Schiff's...
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US Stocks Likely To Open Lower After S&P 500's Three-Day Winning Streak: '...Many Uncertainties Remain,' Says Expert
2025 May 15, 5:42am | 1601U.S. stock futures were lower on Thursday after mostly closing higher on Wednesday. Futures of major benchmark indices were trading lower in premarket. Wednesday saw a positive momentum in tech stocks led by Nvidia Corp. (NASDAQ:NVDA) following the deals with Saudi Arabia, strong earnings from...
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Gold Miners Poised For Boom As Analyst Predicts 'Record Levels Of Free Cash Flow' Despite Price Dip: 'Golden Age Of Mining'
2025 May 15, 3:53am | 815Despite the falling gold prices after the stock market rebound, the gold mining companies are poised for growth as this expert highlights “record levels of free cash flow” for these companies over the next two years. What Happened: The Macro Strategist at Crescat Capital, Otavio Costa,...
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Peter Schiff Warns Only Major Dollar Decline Or High Tariffs Can Cut US Trade Deficit — But Inflation And Rates Will Soar
2025 May 14, 8:41am | 722Renowned economist Peter Schiff has issued a stark warning about the U.S. trade deficit, asserting that without the implementation of high tariffs, the only path to significantly reduce the deficit is through a major decline in the value of the U.S. dollar. What Happened: In a post on X, Schiff...
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US Stock Futures Trade Higher On Wednesday: S&P 500 Is Flashing 'Quite Rare And Rather Bullish' Signal, Says Expert (UPDATED)
2025 May 14, 8:04am | 1799Editor’s Note: This story has been updated to include the latest data. U.S. stock futures reversed early losses to trade in the green during Wednesday's premarket session, following a mixed finish on Tuesday. The S&P 500 and Nasdaq 100 indices turned positive for the year after Tuesday...
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Gordon Johnson Warns Of Potential 'Liberation Day 2.0' As 30-Year Treasury Yields Approach 5% Amid Dollar Weakness
2025 May 14, 4:05am | 728Prominent financial analyst Gordon Johnson has ignited discussion on social media, suggesting that a potential “Liberation Day 2.0” – an event triggering a significant equity market downturn – could be imminent. What Happened: The CEO and Founder at GLJ Research, LLC, Johnson’s...
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Jim Cramer Says Bulls Need 'Steady Drip Of Trade Deals' To Assure Market About Recession And Inflation As S&P 500 Futures Fall After Big Rally
2025 May 13, 8:25am | 835Jim Cramer believes that a consistent flow of trade agreements is crucial to bolstering market confidence and allaying fears of both recession and a surge in inflation. What Happened: In a recent post on X, Cramer asserted that a “steady drip of trade deals” might be the key ingredient...
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