by Bloomberg.com | Apr 4, 2025 | AlphaTack Intel
Treasuries climbed and traders boosted their bets on interest-rate cuts by the Federal Reserve as the fallout from President Donald Trump’s tariffs convulsed markets for another day. A solid US jobs report failed to reassure markets on Friday, while comments from Fed...
by Bloomberg.com | Apr 4, 2025 | AlphaTack Intel
The Bank of Italy cut its forecast for growth this year, reckoning that new US tariffs will hold back expansion in the euro zone’s third-biggest economy. Gross domestic product is seen rising 0.6% in 2025 compared to a previous forecast of 0.8%, according to the...
by Bloomberg.com | Apr 4, 2025 | AlphaTack Intel
Wall Street forecasters are turning ice cold on US equities, telling investors to refrain from buying the selloff as President Donald Trump’s historic trade war raises the specter of recession. Bank of America Corp.’s Michael Hartnett became the latest to recommend...
by Bloomberg.com | Apr 4, 2025 | AlphaTack Intel
A frenzy of hedge fund trading that has been a boon to investment banks may suddenly be nearing its limit, as big investors privately mull one of the dreaded phrases of Wall Street: the sidelines. In Manhattan and beyond, some active traders are debating behind the...
by Yahoo.com | Apr 4, 2025 | AlphaTack Intel
Donald Trump spent his 2024 campaign offering clear promises about tariffs on a nearly daily basis that were often downplayed by investors, perhaps because of the sheer size and scope of what he pledged to do. As president, he has shown the markets and everyone this...
by Bloomberg.com | Apr 3, 2025 | AlphaTack Intel
The world’s 500 richest people saw their combined wealth plunge by $208 billion Thursday as broad tariffs announced by President Donald Trump sent global markets into a tailspin. The drop is the fourth-largest one-day decline in the Bloomberg Billionaires Index’s...