What Is a Bear Market? Are We in One?
Posted inCustoms (Tariff) Federal Reserve System Goldman Sachs Group Inc Morgan Stanley Nasdaq Composite Index National Bureau of Economic Research Powell, Jerome H Recession and Depression Russell 2,000 Stock Index S & P Dow Jones Indices Standard & Poor's 500-Stock Index Stimulus (Economic) Stocks and Bonds Trump, Donald J United States United States Economy

What Is a Bear Market? Are We in One?

A bear market occurs when stocks fall 20 percent from a recent peak. As global markets continue their meltdown, here’s what it means for your money and the economy.
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
Posted inBanking and Financial Institutions Customs (Tariff) Dimon, James International Trade and World Market JPMorgan Chase & Company United States Economy United States Politics and Government

JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs

In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, wrote that a trade fight could dampen consumer and investor confidence and increase inflation.
Does Trump Have an ‘Off Ramp’ From His Trade Fight?
Posted inAckman, William A Cantor Fitzgerald LP Customs (Tariff) internal-storyline-no International Trade and World Market Lutnick, Howard W Stocks and Bonds Trump, Donald J United States Economy United States Politics and Government

Does Trump Have an ‘Off Ramp’ From His Trade Fight?

With global markets again in free-fall, the president appeared to be losing support of business leaders, raising questions about his leverage in his trade fight.
Trump’s Trade War Raises Bar for Fed Rate Cuts
Posted inBanking and Financial Institutions Customs (Tariff) Federal Reserve System Inflation (Economics) Interest Rates International Trade and World Market Powell, Jerome H Trump, Donald J United States Economy United States Politics and Government

Trump’s Trade War Raises Bar for Fed Rate Cuts

Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy.