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As US Rally Pauses, Global Stocks Enjoy Historic Outperformance
Yahoo Finance· 2025-11-05 09:19
South Korea’s Kospi Index has surged 55% in the past year, the best performance among major countries, reflecting its status as Asia’s most attractively valued AI proxy.Asian equities have outperformed thanks to the region’s position at the heart of the AI supply chain — home to major chipmakers, foundries, and semiconductor-equipment bellwethers such as Taiwan Semiconductor Manufacturing Co., Samsung Electronics Co., and Tokyo Electron Ltd.Hartnett, for one, now expects the pace of outperformance to slow a ...
Trump Tariffs Case at Supreme Court Today; Dow Futures Waver
WSJ· 2025-11-05 08:36
Justices will weigh whether the president lawfully levied global tariffs without Congress's approval ...
X @Bloomberg
Bloomberg· 2025-11-05 08:22
German medical-tech firm Siemens Healthineers expects the impact from tariffs to roughly double to €400 million in fiscal 2026 https://t.co/tKkDTiZfVN ...
X @Bloomberg
Bloomberg· 2025-11-05 04:52
China has halted retaliatory tariffs that it imposed on a range of US agricultural products, after Washington officially halved its fentanyl-related levies on Chinese goods https://t.co/GJE9RfCbdS ...
X @BBC News (World)
BBC News (World)· 2025-11-04 21:08
Carney seeks to fortify Canada against tariffs shocks in first budget https://t.co/26ctzarIuK ...
Weyco Reports Third Quarter 2025 Sales and Earnings; Declares Special Cash Dividend of $2.00 per Share
Globenewswire· 2025-11-04 21:05
Core Insights - Weyco Group, Inc. reported financial results for the third quarter of 2025, showing a decline in both wholesale and retail segments, primarily due to reduced sales volumes and increased costs from tariffs [1][2][12]. North American Wholesale Segment - Wholesale net sales were $60.2 million, down 2% from $61.1 million in Q3 2024, with sales volumes decreasing by 7% [3]. - Florsheim brand saw an 8% sales increase, while BOGS and Stacy Adams experienced declines of 17% and 5%, respectively [4]. - Wholesale gross earnings as a percentage of net sales decreased to 35.7% from 40.1% year-over-year, impacted by incremental tariffs [5]. - Operating earnings fell by 20% to $7.5 million due to lower sales volumes and margin erosion [5]. Incremental Tariffs - The U.S. government maintained a 30% tariff on goods sourced from China, with ongoing trade talks potentially affecting future tariff rates [6]. - The tariff environment remains unpredictable, creating uncertainty regarding its impact on gross margins [6]. North American Retail Segment - Retail segment net sales totaled $73.1 million, down 2% from $74.3 million in Q3 2024, with gross earnings at 40.7% of net sales [8][10]. - Net earnings decreased by 18% to $6.6 million, with diluted earnings per share dropping to $0.69 from $0.84 [8][22]. Other Operations - Florsheim Australia reported flat net sales of $6.0 million, with gross earnings as a percentage of net sales increasing to 61.0% [11]. Strategic Decisions - The company decided to wind down operations of the Forsake brand due to lack of growth and profitability, with no material impact expected on consolidated financial statements [7]. Dividend Declarations - The Board of Directors declared a regular quarterly cash dividend of $0.27 per share and a special cash dividend of $2.00 per share, reflecting a return of capital to shareholders [13][14].
Treasury Trading Desks Brace for Tariff Legal Battle and U.S. Debt Plans
Barrons· 2025-11-04 21:00
Core Viewpoint - Treasury traders are preparing for significant market movements due to the upcoming Supreme Court ruling on tariffs and the government's debt allocation announcement, which could impact bond markets and deficit financing [2][3][7]. Treasury Debt and Tariffs - The Treasury Department is expected to announce a bond issuance of $125 billion, maintaining stability in long-term offerings while relying more on short-term debt [11]. - Tariffs generated $195 billion in revenue for the fiscal year ending September, contributing to a reduction in the national deficit, which is crucial for perceptions of the U.S.'s ability to repay its $38 trillion debt [4][8]. - There is a 35% chance that the tariffs will be upheld, but the Supreme Court's decision may take weeks, creating uncertainty in the market [5][10]. Market Reactions and Predictions - If tariffs are ruled illegal, the Treasury may need to refund the $195 billion collected, complicating deficit financing and potentially leading to higher borrowing needs [8][10]. - A surprise reduction in longer-term Treasury auction sizes could lead to a decrease in yields for 10- to 30-year bonds by 0.1 to 0.2 percentage points [7][12]. - The expectation is that the deficit will exceed $2 trillion annually over the next decade, making reductions in longer-term issuance unlikely [12].
Trump on his dealmaking approach with Putin #shorts
60 Minutes· 2025-11-04 20:52
So why won't this war. >> But Nora, that was Joe Biden's war, not my war. I inherited that stupid war.>> As the bloodiest land war in Europe since World War II continues, >> but I brought I mean just a little list of of of look at this wars. >> President Trump wanted to make sure we saw the list of eight international conflicts he says he's been able to end since returning to office. And you have branded yourself the peace president.Well, I think I did pretty good. I I solved those are eight of the nine war ...
Trump on China: “We're a threat to them too” #shorts
60 Minutes· 2025-11-04 20:51
This trade war though was hurting Americans. I mean, our soybean farmers, China had stopped buying the soybeans. China was withholding these rare earth materials that you need for everything from smartphones to build submarines.>> Sure. >> What was the crucial thing. I mean, how tough of a negotiator.>> It was a temporary hurt. It was a hurt because uh I was taking in a lot of money from China. We were doing very well against China.And all of a sudden, they said, you know, we have to fight back. And so they ...
X @Forbes
Forbes· 2025-11-04 20:35
Supreme Court Could Overturn Trump’s Tariffs: Target, Samsung, Walmart Would Be Among Biggest Winnershttps://t.co/bQzaQPDk2M https://t.co/snHruYd1E8 ...