Goldman Sachs: Tariffs Likely to Neutralize Economic Gains from GOP Tax Cuts
Wealth advisors seeking clarity on the impact of recent fiscal policy developments may want to temper expectations.
Wealth advisors seeking clarity on the impact of recent fiscal policy developments may want to temper expectations.
A longstanding often-overlooked pillar of global financial stability, Fed’s network of central bank swap lines has recently drawn renewed scrutiny.
Traders lowered bets on Fed’s interest-rate cuts this year, pricing in just two reductions for 2025 after US and China agreed agreed to cut tariffs.
Despite the absence of any finalized trade deals, equity markets appear to be pricing in a clear U.S. victory in the ongoing trade negotiations.
Despite a sharp rebound in U.S. equities following April’s steep sell-off, market strategists caution that the recent rally may be on fragile footing.
HSBC on Tuesday became the latest global brokerage to slash its year-end target for the S&P 500 index below the 6000 mark.
Investors and consumers remain deeply pessimistic about the market, with widespread fears of an impending recession.