Weekly Edge: New Tariff Announcement Shakes Markets
Co-authored by Daniel Rangel The Trump administration revealed a plan for yet another round of tariffs against China, this time listing $16 billion worth of Chinese goods, bringing the potential total to $50 billion. The tariffs are scheduled to take effect on August…
Weekly Edge: Mixed Earnings Season Provides Renewed Market Volatility
Co-authored by Daniel Rangel This earnings season has been a wild one so far, thanks in part to tech companies reporting earnings on both ends of the spectrum. Some of the companies that beat earnings estimates beat by a wide margin. Amazon (AMZN), notably, reported…
Weekly Edge: U.S. Farmers Granted $12 Billion in Aid
Co-authored by Daniel Rangel The Trump administration announced it would offer aid to farmers in U.S. agricultural sectors that were hit hardest by the recently installed tariffs between the U.S., China, and other countries. According to The Wall Street Journal, the…
Weekly Edge: Is a Pause in Rate Hikes on the Horizon?
Co-authored by Daniel Rangel Federal Reserve Board Chair Jerome Powell offered some insight into the Fed’s—or at least Powell’s—plan for rate hikes in the near future. The Federal Open Market Committee (FOMC), the Fed’s monetary policy committee, stated it “believes…
Weekly Edge: Trade Battle Heats Up Between U.S. and China
Co-authored by Daniel Rangel The Trump administration recently announced plans to impose tariffs on an additional $200 billion worth of Chinese goods, including fish, furniture, and luggage, The Wall Street Journal reported. China responded immediately, stating that…