June 25, 2025
Financial Assets

JPMorgan’s Tariff-Day Trade Is Going Long on Automaker Bonds

Beaten-down corporate bonds from automakers could rally after Wednesday’s tariff announcement from U.S. President Donald Trump, making the debt an attractive purchase, according to JPMorgan Chase & Co. JPMorgan strategists don’t expect the announcement to be as detrimental for automakers as it will be for pharmaceutical companies. “We don’t believe any of the large automakers

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Financial Assets

Consumer Goods sector jumps over 6% on strong individual stock gains, clears pull-back

The NGX Consumer Goods Index surged by 6.55% in the trading week ending February 21, 2025, closing in positive territory as individual stocks rallied. This follows a decline in the previous week, during which the index fell by 3.63%, dropping from an opening of 1,798.3 to a closing value of 1,733.0. However, in the trading

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