As Trump escalates trade war, India eyes $1 bn GE deal to fuel Tejas, phase out MiG-21s
Even as Donald Trump’s steep 50% tariffs on Indian goods kick in, India is reportedly moving ahead with a nearly $1 billion deal to procure 113 additional GE-404 engines from U.S. defence giant General Electric for its Tejas Light Combat Aircraft (LCA) program.
The agreement is expected to be signed by September,
Read MoreThe Burst
1 Stock Paying a Massive 6.8% Yield
Many economists, including Nobel Prize-winner Paul Krugman, have pointed out that the stock market only represents a small area of the economy. The market can thrive even while people struggle with financial uncertainty, political strife, and worldwide illness.
Regardless of what economists say, it seemed strange to many that the market could reach new heights while so many consumers struggle.
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Market Commentary: How To Spot The Next Big Move
Want to know when the next big move is coming in a stock? It’s not as hard as it might seem to figure it out.
To begin, look to the past. If a big move has already occurred, you could be looking at a good candidate. Next, you want to see that a stock has paused or consolidated for a while so that the moving averages “catch up”
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