by Bloomberg.com | Apr 14, 2025 | AlphaTack Intel
Treasury Secretary Scott Bessent said Republicans are looking at all options to help pay for President Donald Trump’s campaign promises on tax cuts, including increasing levies on the wealthiest Americans. “We’re going to see where the president is” on the issue,...
by Bloomberg.com | Apr 14, 2025 | AlphaTack Intel
Worries over global trade dragged the dollar to a six-month low on Monday, leaving investors bracing for more weakness ahead. The Bloomberg Dollar Spot Index extended declines for a fifth day, falling a total of 3.3% during that stretch. While Treasuries and stocks...
by Rainmaker | Apr 14, 2025 | AlphaTack Intel
Agility Robotics was raising $400 million at a $1.7 billion valuation. Klarna and StubHub delay their IPOs due to Trumps tariff regulations. Plaid raised $575 million at a $6.1 billion valuation. Ripple acquired Hidden Road, a prime brokerage firm, for $1.25 billion....
by Bloomberg.com | Apr 14, 2025 | AlphaTack Intel
Wall Street’s leading prognosticators have been humbled this year, with so many proven wrong about the damage President Donald Trump’s combative trade policies would do to the stock market. But despite all the convulsions and uncertainty, most equities strategists...
by Bloomberg.com | Apr 14, 2025 | AlphaTack Intel
Equity strategists at Citigroup Inc. lowered their view on US equities, saying the case to diversify away from the asset class is strengthening as the trade war undermines economic growth and earnings. Cracks in “US exceptionalism” will persist with the emergence of...
by CNN | Apr 11, 2025 | AlphaTack Intel
Americans are rarely this pessimistic about the economy. Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey released Friday, the second-lowest reading on records going back to 1952. April’s...
