Investment strategy
U.S. crude oil losses deepen as Trump tariffs fuel recession fears
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025. Pavel Mikheyev | Reuters U.S. oil prices fell about 2% on Monday, adding to last week’s steep losses on fears President Donald Trump’s global tariffs would push the U.S., and maybe […]
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With market rout, now is the time to rebalance portfolios and buy stocks, says Wells Fargo
Long-term investors may be fleeing stocks for high-quality bonds, but they should be mindful of their portfolio allocations, said Brian Rehling, head of global fixed income strategy at Wells Fargo Investment Institute. Stocks tumbled again on Monday, continuing the rout that began after President Donald Trump signed his tariff policy last week. Treasury yields moved […]
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Leon Cooperman says market bottom is not in as Trump has decided a recession is best way to lower rates
Investors should buckle up as the worst is yet to come, according to billionaire investor Leon Cooperman . The chair and CEO of the Omega Family Office believes President Donald Trump’s tariffs are a “mistake” and they will tip the U.S. economy into a recession and lower interest rates in the process. “I think there’s […]
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How much do stocks have to drop before trading is halted? The details on market ‘circuit breakers’
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City, on April 7, 2025. Timothy A. Clary | Afp | Getty Images When stock prices and stock futures fall rapidly in a single session, exchanges implement halts in trading to allow a moment for […]
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JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
JPMorgan Chase CEO Jamie Dimon said Monday that tariffs announced by President Donald Trump last week will likely boost prices on both domestic and imported goods, weighing down a U.S. economy that had already been slowing. Dimon, 69, addressed the tariff policy Trump announced on April 2 in his annual shareholder letter, which has become […]
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U.S. stocks bearing the brunt of trillions in market value losses around the globe
No matter where you look, there have been significant losses in global markets, but they have not been distributed evenly. The S & P 500 closed Friday with a market capitalization of $42.99 trillion, a two-day loss of $5.06 trillion or 10.5% compared to its market capitalization Wednesday night, when President Trump raised U.S. tariffs […]
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Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates: Live updates
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 3, 2025. Brendan McDermid | Reuters U.S. stock futures dropped on Sunday evening as the White House remained defiant even after a two-day historic stock market rout that followed President Donald Trump’s rollout of shockingly high […]
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Bitcoin drops Sunday evening as cryptocurrencies join global market rout
Jakub Porzycki | Nurphoto | Getty Images Bitcoin fell below the $79,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump’s restrictive global tariffs. The price of bitcoin was last lower by 4% at $78,835.07, according to Coin Metrics, […]
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Warren Buffett’s Berkshire Hathaway is weathering the historic market rout, still up 9% this year
Warren Buffett’s Berkshire Hathaway fared better than the S & P 500 in a brutal week as investors embraced the safety of a cash-rich conglomerate while President Donald Trump’s aggressive tariffs wreaked havoc on Wall Street. Class B shares of the Omaha-based parent of Geico insurance and BNSF Railway fell 6.2% last week, less than […]
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Protesters tee off against Trump and Musk in “Hands Off!” rallies across the U.S.
Opponents of President Donald Trump and billionaire Elon Musk rallied across the U.S. on Saturday to protest the administration’s actions on government downsizing, the economy, human rights and other issues. More than 1,200 “Hands Off!” demonstrations were planned by more than 150 groups, including civil rights organizations, labor unions, LBGTQ+ advocates, veterans and elections activists. The protest sites included the National […]
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