Headlines about new tariff announcements from the U.S. government are not exactly an uncommon occurrence nowadays. However, that does not make the risk they pose to the market any less real. Many countries — ranging from allies such as Canada to adversaries like China — continue to face persistent and seemingly capricious tariff pressures from the United States. Not surprisingly, tariffs, whether real or threatened, are leading to consequences for the U.S. market, even if many of the tried-and-true U.S. lar ...

Pricing Trends in Apparel and Footwear - A third-party data source tracking e-commerce prices indicates a slight increase in apparel prices, but it's not a huge jump from previous trends [2][3][4] - The apparel industry has seen a mix shift into higher price point categories like work wear and tailored pants, contributing to gross margin highs [6][7] - Economists believe the full impact of tariffs hasn't been seen yet due to inventory timing, with potential one-time hits later on [8][9] - Apparel retailers typically hold three months of inventory, suggesting that the real pricing impact from tariffs will likely flow through P&Ls from November onwards [9][10] - Footwear businesses, often run as wholesale models, may see price increases more clearly in the first half of next year due to forward order books locked in for six months [11][12] Company-Specific Observations - Torrid and Anthropology (within Urban Outfitters) have shown the biggest price jumps since Liberation Day, potentially due to mix shift and strategic assortment changes [14][15] - On the footwear side, Hey Dude, Macy's, and Kohl's are showing more price increases compared to pre-liberation day levels, possibly due to a mix shift dynamic [16] - Department stores are trying to fortify themselves with popular and premium brands, actively adjusting their business model [17] Data Considerations - The pricing data factors in discounting and mix shift, but it's not possible to see exactly how these are factoring into the pricing [3] - The prices reflect the final selling price, taking into account discount codes and what shoppers actually paid [5]

Market Trends & Economic Factors - The resolution of tariffs and the US shutdown, identified as major impediments to growth, is anticipated [1] - The resolution is expected to trigger a resurgence of the "Trump trade" [1] - Bond yields are projected to increase following the resolution of the aforementioned growth drags [1]

Core Insights - The White House is hosting a dinner with prominent Wall Street leaders, including CEOs from major financial institutions like JP Morgan, NASDAQ, Blackstone, Morgan Stanley, BlackRock, and Goldman Sachs, although details about the agenda remain unclear [2][3] - The dinner occurs amid the president's focus on affordability, with plans to lower tariffs to make products more accessible to Americans, indicating a potential shift in economic policy [3] - Wall Street has been performing well recently, and the CEOs value direct interaction with the president to discuss economic issues, tariffs, and future directions [5][6][7] Group 1 - The dinner is expected to include high-profile financial leaders, but the White House has not disclosed specific details about the event [2] - The president is considering lowering tariffs to enhance product affordability for Americans, which may influence economic conditions [3] - The visibility of the dinner will allow the public to see some interactions between the president and Wall Street executives [4] Group 2 - The banking sector has shown positive performance, possibly linked to the administration's policies, particularly regarding deregulation [5] - Wall Street executives appreciate opportunities for one-on-one discussions with the president to address economic concerns and tariffs [6][7]

Let's turn to the White House as well where the president as Sarah said will expected to host some high profile Wall Street leaders for dinner tonight. For that we'll turn to Aean Javvers. Morning Aan.>> Yeah, good morning to you Carl. We are expecting those heavy hitters here at the White House, but the White House is not really offering any detail on this dinner tonight other than uh that they are hosting it with financial leaders uh from across the economy. uh no no explanation from the White House sort ...

India announced relief measures worth more than $5 billion for its exporters pummeled by steep US tariffs, even as the two nations continue working toward a trade deal. https://t.co/6Tn16IrtzE ...

“They've gotten comfortable enough that this is an environment that they can operate in and do deals in. I don't know that they're fully comfortable that they can really forecast everything,” said Todd Dubner, a principal and deal advisory and strategy leader for industrial manufacturing at KPMG US. “But that's not dissuading them from starting down the deal path.”KPMG’s report noted that aerospace and defense deals were notably down earlier in the year, while sectors such as automotive continued to be acti ...

Right now, we know that Donald Trump is going to try to pull any rabbit out of a hat to at least pretend like he is trying to lower costs for the American people. We also know that the key to Donald Trump's heart is through flattery. Preferably flattery that is easy to read.Has lots of pictures and maybe even includes some gold accents if you're like really trying hard. Well, this weekend, Federal Housing Finance Agency Director Bill PY pulled up to Mara Lago with a piece of poster board and a dream to sell ...

Time now for money power politics. The elections last week made it clear that voters care about affordability in this country and some would call it an affordability crisis. But the administration, they're not hearing it.I want you to watch what Treasury Secretary Scott Besson said on our air this morning. >> The economy under President Trump's been very resilient and you know, growth has exceeded expectations almost every quarter. We inherited an affordability crisis.We have slowed the price increases down ...

While Donald Trump, who is facing the disapproval of 54% of Americans, continues his politically losing ways by saying something that could get that disapproval number up. Something that no president in history has ever said. Twothirds of Americans are fools.Donald Trump put that in writing. Donald Trump said in writing, "People that are against tariffs are fools." 65% of Americans are fools according to Donald Trump. 65% 65% of Americans oppose the Trump tariffs and Donald Trump's response to that is to ca ...