Ventura Securities sees good possibility of a pessimistic scenario ahead, thanks to reversal of US trade policies, the DOGE clampdown on spending, urgent rectification of the US fiscal deficit and the Trump administration’s preference to onshore manufacturing over imports. Ventura said the US government debt currently stands at $34.6 trillion, which is 120 per cent
Linda McMahon confirmed by Senate for Education secretary The Senate confirmed GOP donor and former wrestling executive Linda McMahon to head the Department of Education with a 51-45 vote. President Donald Trump is seeking to eliminate the U.S. Department of Education, according to a draft of an executive order reviewed by USA TODAY. As Trump
WEST PALM BEACH, FLORIDA – NOVEMBER 06: Republican presidential nominee, former U.S. President … [+] Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Americans cast their ballots today in the presidential race between Republican nominee former President Donald
Bonds the word on wooden cubes getty Here’s where I see stocks now: Yes, we’ve got some legitimate concerns as some economic warning signs appear—and run up against the tech-driven optimism that’s powered stocks to lofty heights. The result? Volatility. So today we’re going to look at a couple quick moves we can make to
Change in stock indexes since Inauguration Day Source: LSEG Data & Analytics Note: Data is through Feb. 28. During his first term, President Trump regularly took credit for a booming stock market, citing soaring share prices as a measure of his success in office. And after his election victory in November, he pointed to the
A volatile trading day ended with a win for all the major gauges Friday, while a geopolitical drama played out in the White House and unease over Trump’s tariff threats permeated through a wider set of economic data. The S&P 500 (^GSPC) gained 1.6%%, while the tech-heavy Nasdaq Composite (^IXIC) was up about 1.5% after
Can the ‘gold card’ visa program spur investment in the US economy? | Image: AP New York: President Donald Trump is planning a “gold card” visa with a potential pathway to US citizenship for $5 million. The program would replace an existing program that offers US visas to investors who spend about $1 million on
Truist’s top market strategist just slashed his bullish rating on US stocks during a slump. Although market fundamentals seem stable, earnings expectations may be too high. Strategy chief Keith Lerner shared why he’s taking some risk off the table. Last month, veteran investment chief Keith Lerner said stock-market dips were worth buying. Six weeks later,
Mumbai: Indian benchmark indices Sensex and Nifty opened lower on February 24, mirroring a global market downturn triggered by losses in US equities. Investor sentiment took a hit after US consumer sentiment dropped to a 15-month low in February, while inflation expectations surged due to tariff concerns linked to former President Donald Trump’s proposed policies.
getty Aggressive trade wars, government shutdowns, and unexpected disasters can send markets careening to the downside. The short-term damage to investments can be severe. But the key word here is “short.” And therein lies the opportunity for long-term investors like those saving for retirement. To fully appreciate the phenomenon and why it’s possible for anyone