'New World Disorder': Trump's attacks on Powell add to uncertainty for stocks
President Trump's attacks on Fed Chair Jerome Powell are adding to the chaos in markets as investors face an increasingly uncertain outlook.
President Trump's attacks on Fed Chair Jerome Powell are adding to the chaos in markets as investors face an increasingly uncertain outlook.
(Bloomberg) -- Vietnam’s prime minister has ordered his negotiation team to “thoroughly prepare” for tariff talks with the US, while avoiding any impact elsewhere, as the nation seeks to make swift progress in averting one of the largest US tariffs.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About
(Bloomberg) -- US equity futures signaled a rebound from sharp declines on Monday spurred by concerns over President Donald Trump’s latest criticism of the Federal Reserve and the outlook for the American economy. Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About MoneyNashville’s $3 Billion Transi
(Bloomberg) -- A South Korean cement maker’s stock has surged as retail investors pile into bets seen as tied to the nation’s upcoming presidential election and its front-runner Lee Jae-myung.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About MoneyNashville’s $3 Billion Transit Plan Brings a Call f
Donald Trump has spooked the debt markets.
(Bloomberg) -- Nomura Holdings Inc. is telling clients to stay invested through the turmoil that’s pervaded financial markets during the escalating trade tensions. With its $1.8 billion acquisition of an asset management business, the Japanese brokerage is putting its money where its mouth is.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station
Asian shares were trading mixed Tuesday amid global skepticism about U.S. investments and President Donald Trump’s trade war. Hong Kong's Hang Seng added nearly 0.6% to 21,513.91, while the Shanghai Composite added 0.4% to 3,303.32. "Across Asia, there is undoubtedly a sense of urgency to get to the negotiation table even as striking a deal at an appropriate cost can be tough," said Tan Boon Heng, at Mizuho Bank's Asia & Oceania Treasury Department.
There might be a hint of that in Asian markets today given the Nikkei is flat even though the S&P 500 shed 2.4% on Monday. Thus, according to LSEG Lipper data, investors bought a net $11 billion in European equity funds and $3.6 billion in Asian equity funds in the week to April 16, while U.S. equity funds saw an outflow of $10.6 billion. Since then, President Trump has upped the stakes by attacking Fed Chair Powell for not cutting rates as speedily as Trump would like.
The U.S. plans to push Prime Minister Narendra Modi’s government for a level playing field on e-commerce in wide-ranging talks on a U.S.-India trade agreement set to also cover sectors from food to cars, the newspaper reported. It did not mention what measures the Trump administration expects from the Indian government. Amazon and Walmart operate in India through local units but face restrictions on holding inventory and directly selling to consumers, unlike domestic firm Reliance, which can open physical stores and leverage its vast retail network to reach customers across the country.
Dan Ives, a long-time Tesla bull, said in a note on Sunday that it's a "Code Red Situation" for Elon Musk.