More marketing, new menu items and easier comparisons could help Chipotle this year. But tariffs raise concerns about equipment availability and building costs.
A rate cut at either the Federal Reserve’s May or June meeting seems more unlikely Thursday after the most prominent dovish member of the U.S. central bank suggested he was in no hurry to move.
Prices for many imported consumer goods are likely to rise soon and shortages could even start to develop next month unless the White House reduces tariffs soon, especially punitive duties on China that go as high as 145%.
Amazon and Roku earnings next week could be solid trading opportunities.
In a note, strategists George Saravelos and Tim Baker said “the preconditions are now in place for the beginning of a major dollar downtrend” in the years to come.
Worries about higher prices from tariffs, a slowing economy and falling stock prices have taken a toll on consumers.