US Economy Is Set to Lose Billions as Foreign Tourists Stay Away
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The US economy is set to lose billions of dollars in revenue in 2025 from a pullback in foreign tourism and boycotts of American products, adding to a growing list of headwinds keeping recession risk elevated.
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Read MoreJPMorgan’s Michele More Positive on Bonds on Fed, Reserve Data
Treasuries may have hit the bottom for now amid signs of robust foreign demand and expectations for the Federal Reserve to support US government debt when needed, according to JPMorgan Asset Management.
“I feel pretty good that we’re putting in a low in price and a high in yield here,” Bob Michele,
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Read MoreWhere Will Nvidia Stock Be in 3 Years?
April 2, 2025, will likely go down in history books as a major turning point in international trade. Under the leadership of President Donald Trump, the U.S. has imposed substantial tariffs on imports from many of its top trading partners, including East Asian nations like Taiwan and South Korea, which play an essential role in global technology supply chains.
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Read MoreTesla, Nvidia lead rebound for tech stocks and crypto as Trump pauses tariffs
President Donald Trump has announced a 90-day pause on his reciprocal tariffs, and the stock market is already bouncing back — from the damage caused last week when Trump announced his reciprocal tariffs.
Tech stocks, like Apple, Sony, and Microsoft, shot up quickly following Trump’s announcement, with Tesla rising particularly fast.
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Read MoreTrump lobbies fresh attack on 'loser' Jerome Powell for not cutting rates
President Donald Trump lobbed a fresh series of insults at Fed Chair Jerome Powell on Monday while reiterated a call for lower interest rates,
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Read MoreThe Burst
1 Top AI Stock For Next Bull Market
Investment Alert: Buy C3.AI Under $17
Disclaimer: Ivy Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
The global artificial intelligence research market is estimated to be $119 billion in 2022 according to Precedence Research.
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Read MoreThe Ivy
Down 30%, Is It Time To Buy This Pharma Giant?
Bristol Myers Squibb (BMY) poses something of a conundrum to investors at the moment. On the one hand, the share price has dramatically underperformed the market, leading to concerns that further declines are on the horizon. And on the other hand, the valuation is starting to look really attractive to bargain hunters.
So,
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