• April 23, 2025

Peak Panic May Be Behind, but a True Market Recovery Will Take Time

Macro field conditions remain messy for U.S. equity markets. Since the April 2 unveiling of reciprocal tariff rates from the White House, there have been more questions than answers on what c...

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• April 23, 2025

Gold Has Outpaced Stocks Sharply, but a Reversal May Be Closer Than It Seems

Since the start of the year, the S&P 500 is down over 10% and nearly 20% from its January peak. At the same time, Gold is up almost 30%. The stark return differe...

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• April 22, 2025

CAPM Reversal Forces a Rethink on Risk-Reward as Trade Deficit Grows

Scott Sumner has a nice post about the trade deficit. Here’s the gist: A current account balance merely reflects the difference between saving and investment; there’s no reason ...

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• April 23, 2025

S&P 500 Rally Pressures ‘Sell America’ Trades—Dead-Cat Bounce or Trend Reversal?

Markets surged on Trump’s softer tone—but trust remains fragile. Gold tumbled, Tesla rallied, and the S&P 500 sits in no-man’s land. With big tech earnings and ta...

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• April 23, 2025

Stocks Extend Rally as Trump Softens Stance on Powell, China

Stocks extend the recovery after +2% gains yesterday. Trump softens his stance on Powell & China. Tesla jumps despite missing earnings forecast. Oil h...

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• April 23, 2025

US Opening Bell: Stocks Rally as Fed Chair Drama Cools and Risk Sentiment Improves

Markets have had a rollercoaster 24 hours as President Trump has once again proved to be the market driver. Wall Street looked ready to extend its best gains in two weeks, with ...

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• April 23, 2025

US Economy ‘Dancing with Recession’ as Growth Forecasts Tumble

Next week’s initial estimate for US GDP in the first quarter is on track for a sharp downshift in growth, based on the median nowcast calculated by CapitalSpectator.com via sev...

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• April 23, 2025

Equity Funds Post -3.7% Performance in March — Worst Among Asset Classes

In this issue of LSEG Lipper’s US Mutual Funds & Exchange-Traded Products Snapshot, we feature a summary of total net assets (TNA) and estimated net flows (ENF) for responsible investments co...

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• April 23, 2025

Powell’s Job Is Safe—But Fed Independence Isn’t Guaranteed

With recession odds rising and the stock market down, it is no surprise that President Trump thinks the Fed’s ‘wait-and-see’ approach to rate cuts is a mistake. And there’s some chance he’s r...

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• April 23, 2025

Trump Walks Back Fed Attack, Says China’s Tariffs Will Drop

Trump says he has no intention of firing Fed Chair Powell He is also willing to reduce tariffs on Chinese goods Dollar and Wall Street rebound, gold pulls back ...

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