Bank of America’s reliable market-timing tool has been triggered, signaling short rally ahead

Bank of America’s reliable market-timing tool has been triggered, signaling short rally ahead



A powerful contrarian buy signal has been triggered, indicating a rally ahead in the short run, according to Bank of America’s tried-and-true market indicator.



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Trump readies blanket tariffs as he brushes off inflation worries
World

Trump readies blanket tariffs as he brushes off inflation worries

US President Donald Trump during a cabinet meeting at the White House in Washington, DC, US, on Tuesday, July 8, 2025. Aaron Schwartz/CNP/Bloomberg via Getty Images President Donald Trump on Thursday said that he plans to impose blanket tariffs of 15% or 20% on most trade partners, dismissing concerns that further tariffs could negatively impact the stock […]

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CNBC Daily Open: Building renovations might be another front in Trump’s attacks on Powell
World

CNBC Daily Open: Building renovations might be another front in Trump’s attacks on Powell

Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images Homo economicus, or the “economic man,” is an idea that depicts humans as rational beings. This assumption has been used to construct models of the economy and, more broadly, society. […]

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Trump announces 35% tariffs on Canada starting Aug. 1
World

Trump announces 35% tariffs on Canada starting Aug. 1

U.S. President Donald Trump and Canada’s Prime Minister Mark Carney talk during a family photo at the G7 Summit in Kananaskis, Alberta, Canada, June 16, 2025. Amber Bracken | Reuters U.S. President Donald Trump on Thursday announced a 35% tariff on Canadian imports, starting Aug. 1, citing that Ottawa had retaliated with tariffs against Washington. […]

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