MARKET NEWS
Feb 16, 2025
Roaring 2020s and Reciprocal Tariffs
US Economy I: On the Road Again. Taylor Swift’s “The Eras Tour” was her sixth tour. It started on March 17, 2023, in Glendale, Arizona and concluded on December 8, 202,4 in Vancouver, British...
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Feb 16, 2025
Rates May Still Be Heading Much Higher
It will be a slow start to the week, with the markets closed on Monday for Presidents’ Day. Things should pick up for the market by Wednesday. Of course, we’ll have the Fed minutes, and then on...
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Feb 15, 2025
The Impact of Tariffs Is Not as Bearish as Predicted
There are many media-driven narratives about the impact of tariffs on the economy and the markets. Most of them are incredibly bearish, predicting the absolute worst possible outcomes. For fun, I...
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Feb 14, 2025
Have Tactical Asset Allocation Funds Failed? Not so Fast
Morningstar* last week advised that tactical asset allocation funds “failed—again.” That sounds ominous for this class of strategies, but a closer review suggests it’s misguided to pull the plug on...
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Feb 14, 2025
Retail Sales See Biggest Drop Since 2023: Are Interest Rates Squeezing Economy?
Total retail sales for January came in at $723.9 billion, a decline of -0.9% for the month. The street was expecting a decline of only -0.2%. This was the biggest one-month decline since March...
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Feb 14, 2025
Week Ahead: RBA, RBNZ, FOMC Minutes, PMIs, Canada, UK and Japan inflation
MON: N/A TUE: RBA Announcement & SoMP, UK Jobs (Dec), Swedish CPIF (Jan), German ZEW (Feb), Canadian CPI (Jan), Japanese Trade Balance (Jan) WED: FOMC Minutes, RBNZ Announcement, Bank of...
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Feb 14, 2025
Fed Minutes, RBA and RBNZ Decisions in Focus
After Powell and CPI data, dollar traders turn to Fed minutes. RBA to cut rates by 25bps, focus on forward guidance. RBNZ may opt for a third consecutive 50bps rate cut. UK, Canadian and Japan’s CPI...
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Feb 14, 2025
Trump Sets Out Reciprocal Tariffs but Markets Sigh Relief
Trump targets all countries with reciprocal tariffs but allows time for talks. Dollar sinks, stocks rally as investors see bluff, shrug off strong PPI data. But gold unconvinced by a relief rally...
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Feb 13, 2025
Gold Rises Again on Trade War Fears as Investors Keep Seeking Safe Havens
On Thursday, the Gold (XAU/USD) price gained 0.87% on continuing safe-haven flows as US President Donald Trump plans to impose reciprocal tariffs, heightening global trade concerns. The US president...
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Feb 13, 2025
GBP/USD, FTSE 100 Face Uncertainty as US Tariff Shift Loom
US tariffs in focus as VAT enters trade war calculations BoE rate cut outlook shaky with inflation risks rising GBP/USD tests key resistance with breakout potential FTSE 100 reversal raises...
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