Morgan Stanley turned more cautious on U.S. corporate earnings, slashing its forecast for next year as President Donald Trump’s escalating trade skirmishes weigh on an already fragile global economy.
With expectations for Federal Reserve interest rate cuts increasing among investors and economists alike, some of the biggest U.S. banks are mapping out the implications for financial markets.
Gold futures posted their best week since March of last year as weaker-than-expected U.S. jobs data underscored mounting economic concerns that have revived demand for the metal as a haven.
U.S. employers added the fewest workers in three months and wage gains cooled, suggesting broader economic weakness and likely boosting calls for a Federal Reserve interest-rate cut as President Donald Trump’s trade policies weigh on the economy.
U.S. household wealth rebounded to a record in the first quarter as the stock market recovered from a plunge in the prior period, supporting consumers after Federal Reserve interest-rate hikes and trade-war shocks rattled investors late last year.
There’s now an ETF for anyone wanting to bet on the trade war, gamble on the cannabis craze, or go all-in on the death of the mall.
Retail investors in exchange-traded funds have found a smart strategy to deal with the never-ending stream of market drama inspired by President Donald Trump: Ignore it.
Treasuries tumbled, pushing yields up from multiyear lows, after Federal Reserve Chairman Jerome Powell opened the door to possible interest-rate cuts while stopping short of signaling any kind of imminent move.
Federal Reserve Bank of Chicago President Charles Evans stopped short of endorsing the idea the U.S. central bank should cut interest rates in the face of growing pressure from financial markets.
The Federal Reserve may need to cut interest rates soon to prop up inflation and counter downside economic risks from an escalating trade war, St. Louis Fed President James Bullard said.
Wall Street’s biggest banks lined up to warn investors of growing recession risks from the escalating trade war between the U.S. and China.