Asian leaders voice concerns over US tariffs; call for greater unity among region's nations
HANOI/TOKYO (Xinhua):Political leaders and former heads of state from across Asia have expressed concerns over the US government’s tariff policies, calling for greater unity among Asian nations to overcome shared challenges.
Speaking at the 30th “Future of Asia” international forum held in Tokyo from May 29 to 30, Singapore’s Deputy Prime Minister Gan Kim Yong warned that the current global trade order is under threat.
Read MoreTesla (NASDAQ: TSLA) Stock Price Prediction and Forecast 2025-2030 (May 29)
Forecasts
Shares of Tesla Inc. (NASDAQ: TSLA) have popped 6.7% in the past week, despite concerns about Tesla sales in China and Europe, after some proposed tariffs were delayed. The share price is still 11.6% lower year to date,
» Read more about: Tesla (NASDAQ: TSLA) Stock Price Prediction and Forecast 2025-2030 (May 29) »
Read More6 Things Experts Say Could Happen To Social Security Over The Next 10 Years
Social Security benefits are a source of income for 68 million seniors,
» Read more about: 6 Things Experts Say Could Happen To Social Security Over The Next 10 Years »
Read More4 Reasons to Buy Alphabet Stock Like There's No Tomorrow
One stock that divides many investors at this time is Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). A big reason some investors are bearish on the name is that they believe artificial intelligence (AI) will disrupt its highly profitable search business.
» Read more about: 4 Reasons to Buy Alphabet Stock Like There's No Tomorrow »
Read MoreMortgage rates ease for the first time in a month
Mortgage rates fell slightly this week for the first time in a month as the Treasury yields that underpin them also fell.
The average 30-year mortgage rate was 6.85% this week through Wednesday, from 6.89% a week earlier, according to Freddie Mac data. The average 15-year mortgage rate was 5.99%,
» Read more about: Mortgage rates ease for the first time in a month »
Read MoreThe Burst
Is The Fed Rate Hike A Bear Trap?
The Federal Reserve hiked rates 50 basis points on Wednesday, May 4, the largest increase since the Dot-Com bubble in 2000 burst.
The announcement was accompanied by language that bulls will find distressing at first glance. The Fed claimed it was “highly attentive” to inflation risks, suggesting the Central Bank is now as hawkish as it has been over the past decade.
» Read more about: Is The Fed Rate Hike A Bear Trap? »
Read MoreThe Ivy
Alert: Under-the-Radar Stock with HUGE Potential
Investment Alert: Buy Cenovus Energy (CVE) Under $15.30/share
There is a reason Stanley Druckenmiller did not have a down year in the 30 years he managed money. And it’s the same reason he generated returns north of 30% annually on average. He is really, really good at…
Read More