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President Trump is moving forward with extensive tariffs on America’s closest trading partners. Beginning Tuesday, companies bringing products into the United States from Canada and Mexico will pay a 25 percent tariff; importers bringing products in from China will pay an additional 10 percent on top of existing levies. The president has insisted that these […]
President Trump on Saturday formally enacted sweeping tariffs on Canada, Mexico and China, fulfilling a long-promised threat to force America’s closest trading partners to pony up. Canada and Mexico will be hit with a 25% tariff on all imports, while Chinese products will receive a more modest 10% tariff. The US will also impose 10% tariffs on […]
At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S. central bank was embarking on a “new phase” in how it would set interest rates. The Fed planned to “move cautiously” with cuts going forward, Mr. Powell told reporters at the time, reflecting officials’ thinking that they could afford […]
January 17, 2025, 1:16pm With news coming in earlier today that Israel’s security cabinet has, after some delay, ratified the Gaza ceasefire agreement, it looks as if the carnage that has enveloped the strip for over fifteen months will, on Sunday, finally come to an end. For surviving Palestinians in the brutalized enclave, all of […]
Beating the stock market requires knowing something important that others don’t. When I am lucky enough to take advantage of this basic investing truth, I never fear sticking my neck out. I did it with my outlook for 2023, which was followed by my outlook for 2024. Both were pound-the-table bullish – and pretty darned […]
