The Daily Editor

The tit-for-tat tariff war between the United States and China has induced a notable decline in the economic outlook perceived by German firms in China, but their investment plans in the country remain largely unimpeded, according to a business advocacy group.

A recent business survey by the German Chamber of Commerce in China indicates that its members have claimed to be most affected by Washington’s tariffs on goods from the country,

 » Read more about: German firms in China hit hard by US tariffs, but ‘in China for China’ paying off: poll  »

WASHINGTON (AP) — The Federal Reserve could keep its key rate unchanged for several more months as it seeks to evaluate the impact of President Donald Trump’s widespread tariffs on hiring and inflation, some economists say, even as the White House pushes for a rate cut.

 » Read more about: Federal Reserve to face tough balancing act between fighting inflation and lifting growth  »

Downtrend Dominates

There is a good chance of seeing a test of resistance around the 20-Day MA, now at $61.28. The 20-Day line was successfully tested as resistance twice prior to last week’s sharp drop that triggered a bear flag pattern. Therefore, the behavior of the price of crude oil around the 20-Day line may provide insight into demand and whether buyers are aggressive enough to lead to a reclaim of the 20-Day MA.

 » Read more about: Crude Oil Price Forecast: Eyes Reversal as Bullish Signals Strengthen  »

Tesla (TSLA -1.52%) has been talking about a cheaper EV for years, but it has always been just out of reach, and plans to build one have continually changed. But the company recently gave some updates about its progress on releasing a more affordable EV,

 » Read more about: Tesla's Affordable EV: Do the Latest Details Make the Stock a Buy?  »

Treasury Secretary Scott Bessent said Tuesday on “The Ingraham Angle” that despite Wall Street’s unease, President Donald Trump will make the “best deal possible” with China.

Bessent said during the show that he will meet with Chinese officials on Saturday while in Switzerland, marking the first meeting between the two sides since the U.S.-China tariff war began.

 » Read more about: Scott Bessent Tells Nervous Wall Street About Trump’s Method To ‘Get Best Deal Possible’ With Trading Partners  »

In recent months, some of the most sophisticated investors on Wall Street have made a bold move by pouring hundreds of millions into BlackRock’s iShares Bitcoin Trust (IBIT).

This isn’t just a passing trade but a conviction bet that Bitcoin’s best days may still be ahead and while still trading under $100,000 per coin,

 » Read more about: Will This ETF 2x Before Year End?  »

 » Read more about: Operation Sindoor: Will India-Pakistan tensions shield gold from falling prices? Should you invest?  »

High yields allow you to generate more cash flow from your capital, which can aid investors who want to use asset income to cover some of their living expenses. Some investors are turning to collateralized loan obligations to generate income from their investments.

CLOs reward investors when corporations make monthly loan payments.

 » Read more about: Collateralized Loan Obligations: 5 CLO ETFs to Buy  »

 » Read more about: Fed Meeting News: Why Powell, Not Rates, Will Be in the Spotlight  »

Over the past 35 years, the S&P 500’s top 10 companies by market capitalisation have transformed dramatically, mirroring shifts in technology, consumer behaviour, and global economics.

In 1990, industrials and oil giants led the pack. By 2000 and 2010, tech firms like Microsoft and Apple began to rise. In 2024, tech dominance is clear,

 » Read more about: The largest S&P 500 companies from 1990 to 2024: A 35-year shift in market power  »