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U.S. manufacturing slump shows little sign of ending, ISM says, amid ongoing trade wars

U.S. manufacturing slump shows little sign of ending, ISM says, amid ongoing trade wars

by csmith | Jul 1, 2025 | Uncategorized

Even after the Trump White House dialed back high U.S., tariffs, American manufacturers say ongoing trade wars have raised costs, curbed demand and made it hard to plan for the future.

The S&P 500 is approaching a Wile E. Coyote moment, says Wall Street’s biggest bear

The S&P 500 is approaching a Wile E. Coyote moment, says Wall Street’s biggest bear

by csmith | Jul 1, 2025 | Uncategorized

BCA Research, led by strategist Peter Berezin, is not celebrating the S&P 500’s recent wins. In fact, they are warning of losses to come.

Gold’s momentum is fading — and a pullback is coming, says HSBC analyst

Gold’s momentum is fading — and a pullback is coming, says HSBC analyst

by csmith | Jul 1, 2025 | Uncategorized

Surprisingly, the Israeli-Iran crisis did not propel gold prices higher.

Why oil demand may outpace supply, despite best efforts from OPEC+

Why oil demand may outpace supply, despite best efforts from OPEC+

by csmith | Jul 1, 2025 | Uncategorized

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude inventories, even as major oil producers look to boost output for a fifth straight month.

Goldman Sachs now sees the next Fed rate cut coming months earlier

Goldman Sachs now sees the next Fed rate cut coming months earlier

by csmith | Jul 1, 2025 | Uncategorized

Wall Street bank now thinks Powell and colleagues will reduce borrowing costs in September

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