{
Mark Malek

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001122334455554433221100

trump tariffs expected to significantly impact us economic growth by 2026

Morgan Stanley"s chief global economist warns that proposed tariffs by Donald Trump could significantly hinder U.S. economic growth into 2026, leading to higher inflation. If implemented swiftly, these tariffs may create a "big negative shock" to the economy, affecting various sectors, including automobiles and consumer electronics. The potential impact on inflation could also eliminate interest rate cuts for 2025, further restraining growth.
CNBC
Chinese Yuan United States Dollar Tesla, Inc. Apple Inc. Microsoft Corporation USA Seth Carpenter Mark Malek Ben Emons Sri Jegarajah Joe Biden Show more
Finance & Economy, Market Report
04:13 20.11.2024

markets retreat as postelection euphoria fades amid economic concerns

U.S. markets retreated after a week of postelection enthusiasm, with the S&P 500 down 0.29% and the Dow Jones Industrial Average falling 0.86%. Asian markets followed suit, led by a 2% drop in South Korea’s Kospi. Oil prices are predicted to fall to $30-$40 a barrel if OPEC+ unwinds output cuts, while Swiggy's shares surged 15% on its trading debut in India. Bitcoin briefly reached $90,000 but settled at $86,895.50, with expectations of hitting $100,000 later this year. Investors are now focused on upcoming inflation data, anticipating a rise in the consumer price index.
CNBC
Indian Rupee United States Dollar SoftBank Corp. Japan Exchange Group, Inc. JPN IND KOR Mark Malek Alex Harring Brian Evans Aaron Dunn Show more
Finance & Economy, Market Report
08:30 13.11.2024
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