Trump says tariffs will bring 'a little disturbance' to US economy
he US economy is set to experience some “disturbance” from tariffs, President Donald Trump said Tuesday, as trade tensions flare after he imposed sweeping levies on Mexico, Canada and China.
Trump’s address to a joint session of Congress came after he pushed forth with tariff hikes on the three countries over illegal immigration and drug trafficking.
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Read MoreSupreme Court rejects Trump’s foreign aid freeze as trade war brews over tariffs
The US is negotiating directly with Hamas about hostages and the Gaza ceasefire, upending its tradition of not talking to groups it considers terrorist organizations, according an Israeli official and the White House.
An Israel official told CNN that Israel is aware of direct contacts between the United States and Hamas.
Read MoreShould You Really Be Investing in the Stock Market Right Now? History Offers a Clear Answer.
The S&P 500 (SNPINDEX: ^GSPC) has surged by nearly 67% since it began its bull market in October 2022,
Trump's Tariffs Take Effect: What Should You Do With Your Investments Right Now?
The Trump administration implemented 25% tariffs against Canada and Mexico on March 4, as well as an additional 10% tariff on goods from China — bringing the total tariff on Chinese-made goods to 20%. The countries swifly issued retaliatory tariffs on U.S. imports, escalating tension between the countries and rattling the stock market.
Major indexes dropped sharply after the tariffs took effect,
Volatility Shares Files for 3 XRP ETFs
Volatility Shares, an asset manager known for launching innovative exchange-traded funds (ETFs), has filed for three new products centered on XRP. These include a spot XRP ETF, a 2x leveraged XRP ETF and an inverse -1x XRP ETF.
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Read MoreThe Burst
Market Commentary: 3 Cathie Wood’s Stocks Are Soaring Again
It’s been a while but eventually the wheel has come full circle for Cathie Wood, it seems. From the dizzying heights of 2021 to the crushing lows of 2022, Wood and her ARK Invest fund have enjoyed the highest highs and suffered the lowest lows.
Over the past couple of weeks, sentiment has swung back in her favor and some of her stocks have been on an absolute tear,
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Read MoreThe Ivy
Down We Go?
Yesterday, we discussed how the market had shown relative strength recently and asked the question whether the bullish sentiment would last. While it’s hard to know precisely when a bottom will take place, we highlighted the danger of trying to pick the low point because inevitably at some stage betting on the bottom will lead to a losing trade where lower lows follow.
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Read MoreThe Spotlight
Top 3 Healthcare Stocks In Cathie Wood’s Flagship ETF
To say the least, this year hasn’t been kind to Cathie Wood’s “disruptive innovation” investment strategy and her ARK funds. Unfortunately for investors of ARKK, the ETF has been a massive letdown this year, sinking nearly 53% thus far — much worse than the S&P 500, which is down almost 18% year to date.
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