JPMorgan Chase Chairman and CEO Jamie Dimon talks tariffs, the way forward for U.S. commerce and competitors, earnings expectations, recession chance and extra in an unique interview on ‘Mornings with Maria.’
-Shares finish unstable week with good points, gold hits file, bonds suck wind as greenback will get dinged
-President Trump’s shock tariff pivot and negotiation progress
-U.S. hits China with tariffs, China hits again
-Treasury Secretary Bessent warns China over a number of ways
-JPMorgan CEO Jamie Dimon weighs in on U.S. recession solely to FOX Enterprise
-BlackRock CEO Larry Fink, who runs the world’s greatest asset supervisor, provides his tackle the week
-Delta, Walmart take pause on forecasting earnings and income
-Small enterprise house owners speak tariffs
STOCKS, BONDS AND A CRAZY WEEK: Shares and bonds noticed steep swings as President Trump pumped out tariffs, then pulled again…proceed studying right here.
On Wednesday, the Dow Jones Industrial Common posted its greatest one-day level achieve ever…examine the Dow right here. Bitcoin was additionally unstable, falling between the $80,000-$90,000 vary…LIVE cryptocurrency costs right here.
The U.S. greenback took a success towards each the
GOLD SHINES: Gold took a brief beat down however ended the week again at an all-time excessive…GLD, greatest ETF backed by bodily gold, worth examine.
TRUMP’S TARIFFS: Trump, in a shock twist, paused tariffs on some international locations this week however continued to bash China with a steeper slap. Nonetheless, the White Home says he needs to make a deal.…proceed studying right here.
VIDEO: Larry Kudlow raises warning about how China actually operates.
‘LOSER MOVE’: China stored the stress on the U.S. in additional methods than one. U.S. Treasury Secretary Scott Bessent shared some selection phrases for the Asian adversary…proceed studying right here.
VIDEO: Bessent shares his tackle the bond selloff and China’s foreign money antics.
RECESSION? JPMorgan CEO Jamie Dimon shared his view on the potential of a U.S. recession…proceed studying right here. This comes as his agency and others recalibrate recession odds…proceed studying right here.
VIDEO: Dimon shares views on tariffs, the economic system and his expertise throughout previous monetary meltdowns.
Ticker Safety Final Change Change % JPM JPMORGAN CHASE & CO. 236.13 +9.39
+4.14%
BLK BLACKROCK INC. 878.78 +20.00
+2.33%
BLACKROCK’S TAKE: CEO Larry Fink, who runs the world’s largest asset supervisor with $11 trillion in belongings, shares his ideas on the wild week in Washington and on Wall Avenue and whether or not its time to purchase shares…WATCH HERE.
TAKING A PAUSE: Delta and Walmart took the lead in company America and will not be giving monetary forecasts, for now, with tariffs making it too tough to mission……proceed studying right here.
Ticker Safety Final Change Change % DAL DELTA AIR LINES INC. 40.88 +1.52
+3.86%
WMT WALMART INC. 92.80 +2.19
+2.42%
MAIN STREET: Small companies brace for tariff blowback…proceed studying right here.
TAX TIPS: WHAT TO KNOW
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