Gold’s historic rally accelerated on Monday, with spot prices punching through $3,800 per ounce to set fresh all-time record, extending a torrid year in which bullion is up roughly almost 47% year-to-date. That surge is echoing on across crypto rails, with gold-backed tokens climbing to an all-time high market capitalization of $2.88 billion, CoinGecko data shows. Tokenized versions of the metal are backed by physical reserves but settle on blockchain rails, offering round-the-clock trading and near-insta ...

Group 1: Tariff Impacts - President Trump has announced new tariffs on pharmaceuticals, furniture, and heavy trucks, with rates of 50% on kitchen cabinets and 30% on upholstered furniture set to take effect next week [1][7][10] - Pharmaceutical companies can avoid tariffs if they invest in manufacturing plants in the U.S., with an estimated total investment of $350 billion announced recently [2][9] - The furniture industry is facing pressure due to reliance on foreign imports, while U.S.-based manufacturers like Ethan Allen may benefit from the new tariffs [13][14] Group 2: Market Reactions - Stock futures showed mixed reactions, with some pharmaceutical stocks rising due to investments in U.S. manufacturing, while furniture stocks like William Sonoma faced pressure [12][13] - The Dow is indicating a gain of about 0.5%, while the S&P and NASDAQ show smaller increases, reflecting investor sentiment amid tariff announcements [6][16] - The market is reacting cautiously to the tariff news, with skepticism about the full implementation of these tariffs affecting stock performance [17][18] Group 3: Economic Indicators - The PCE index, the Fed's preferred inflation gauge, came in at 0.3%, with consumer income and spending rising more than expected, indicating economic resilience [3][22] - Core PCE inflation is at 2.9% year-over-year, aligning with expectations and suggesting that inflation is not significantly increasing despite tariff impacts [22][24] - The Federal Reserve is expected to consider rate cuts in October and December, influenced by the current economic data and inflation outlook [28][29] Group 4: Company-Specific Developments - Costco reported fourth-quarter results with sales and earnings exceeding estimates, but shares fell due to same-store sales slightly missing expectations [33] - Oakllo's stock is declining after Goldman Sachs initiated coverage at neutral, citing risks as the company has yet to apply for permits for its first nuclear power plant [34] - Boeing shares are rising as the FAA plans to ease restrictions on inspections and deliveries of the 737 Max, allowing for increased production [35]

Group 1 - Wall Street indexes experienced gains on Friday but still recorded a loss for the week, with consumer spending supporting longer-dated Treasury yields and gold prices rising due to steady inflation readings [1][3] - Consumer spending increased slightly more than expected in August, while the inflation rate rose to 2.7% from 2.6% in July, aligning with economists' expectations [1] - Analysts noted that some companies managed to mitigate price pressures by stockpiling in anticipation of tariffs, but upcoming corporate earnings releases will be a significant test for many firms [2] Group 2 - The Dow Jones Industrial Average rose by 0.65%, the S&P 500 increased by 0.59%, and the Nasdaq Composite was up by 0.44% [3] - Individual stocks reacted to new White House tariffs, with Paccar gaining 5% and Eli Lilly rising 1.5% [3] - Richmond Fed Bank President expressed low confidence in inflation forecasts due to ongoing tariff impacts on the economy [3] Group 3 - The personal consumption expenditures index is a key component of the Federal Reserve's inflation outlook, with U.S. Treasury yields showing minimal movement after data release [5] - The yield on benchmark U.S. 10-year notes rose by 0.7 basis points to 4.181%, while the 30-year bond yield increased by 0.5 basis points to 4.7576% [5] - Gold prices, typically benefiting from lower interest rates, held onto recent gains, with spot prices quoted at $3,766.25 an ounce, up by 0.46% [6] Group 4 - Investors currently estimate an 89.8% probability of a rate cut in October and a 67% chance of another cut in December, according to the CME FedWatch Tool [7]

Is this the stock-market pullback investors have been waiting for? - angela weiss/Agence France-Presse/Getty Images This isn’t the script markets were meant to follow after a rate cut by the Federal Reserve. Rather than riding upside momentum a week after the Fed resumed cutting interest rates following a nine-month pause, U.S. stocks reversed their uptrend with a three-day losing streak, leaving investors wondering what they’ve missed and whether the bull-market rally has run out of steam. Most Read fr ...

Gold prices surged to fresh record highs on Tuesday as Federal Reserve Chair Jerome Powell's cautious economic outlook fueled investor demand for the precious metal. Powell's warning that "near-term risks to inflation are tilted to the upside and risks to employment to the downside" created what he called a "challenging situation" with "no risk-free path" ahead. The metal has now posted five consecutive weekly gains, driven by expectations of continued Federal Reserve rate cuts and growing economic uncert ...

Bets that the Federal Reserve will continue cutting rates have fueled a rally in one of the riskiest corners of the technology sector https://t.co/p0Q0YhkZ4H ...

Core Insights - Popular, Inc. (BPOP) shares reached a 52-week high of $128.89, closing at $126.98, with a 36.8% increase over the past six months, outperforming the industry growth of 11.2% [1][8] - The stock's recent performance is driven by optimism regarding the Federal Reserve's interest rate cuts, which are expected to boost loan demand and reduce funding costs for banks like BPOP [3][8] Financial Performance - Over the past four years, BPOP's net interest income (NII) grew at a compound annual growth rate (CAGR) of 5.3%, with net interest margin (NIM) improving from 2.88% in 2021 to 3.24% in 2024 [4] - The company anticipates further growth in NII and NIM, supported by the repricing of its investment portfolio and expected continued rate cuts by the Federal Reserve [4] Growth Strategies - BPOP has focused on organic growth, achieving a revenue CAGR of 5.6% over the past four years, with net loans expanding at a CAGR of 6.8% and deposits at 3.4% [5] - The company launched a multi-year digital transformation initiative in 2022 to enhance customer experience and operational efficiency [6][9] Liquidity and Shareholder Returns - As of June 30, 2025, BPOP's liquidity stood at $6.8 billion, with total debt at $1.4 billion, indicating a strong liquidity profile [11] - The company raised its quarterly dividend by 7.1% to 75 cents per share, resulting in a dividend yield of 2.36%, which is competitive compared to peers [12][15] Valuation - BPOP is currently trading at a 12-month trailing price-to-earnings (P/E) ratio of 10.27X, lower than the industry average of 10.86X, making it an attractive investment option [17][20] - Compared to peers, Pinnacle Financial has a P/E ratio of 11.21X, while Synovus Financial's P/E ratio is 9.02X, further highlighting BPOP's favorable valuation [20]

Core Viewpoint - JPMorgan CEO Jamie Dimon expressed concerns that persistent inflation may hinder further Federal Reserve rate cuts, contradicting market expectations for aggressive monetary easing through 2025 [1][5]. Economic Pressures - Dimon highlighted multiple inflationary pressures, including global fiscal deficits, potential world remilitarization, trade restructuring, and reduced immigration to the U.S., which could sustain price pressures and push wages higher [2][3]. - Federal Reserve officials, including St. Louis Fed President Alberto Musalem and Atlanta Fed President Raphael Bostic, have also indicated skepticism about the feasibility of further rate cuts, suggesting that the September cut may be the only reduction needed this year [1][5]. Banking Industry Perspectives - Dimon dismissed concerns within the banking industry regarding stablecoins threatening traditional deposit bases, emphasizing the legitimacy of blockchain technology while differentiating it from speculative crypto trading [3]. - His views contrast with other major bank executives who have warned of potential deposit flight reminiscent of the 1980s money market fund crisis [4]. Federal Reserve's Stance - The Federal Reserve's recent rate cut of 25 basis points to a range of 4.00%-4.25% has led to internal divisions over the pace of future reductions, with some officials questioning the timing of the cut given ongoing inflation pressures [2][5]. - New Fed Governor Stephen Miran advocated for aggressive rate cuts totaling 1.25 percentage points across the remaining 2025 meetings, arguing that current rates are too tight and could lead to unnecessary unemployment [6].

Group 1 - Gold prices surged to a record high of $3,755 an ounce, reflecting a 1.3% increase, the largest since September 2 [1] - Investors are anticipating that the Federal Reserve will implement two more interest rate cuts by the end of 2025, which has positively impacted gold prices [1][2] - The recent decision by the Federal Reserve to lower rates has further boosted the demand for gold, as it typically rises when borrowing costs decrease [2]

Group 1 - The equity markets are reaching new highs, indicating a market adjustment to tariffs, but potential Supreme Court rulings on tariffs could impact the U.S. debt load [1] - The Federal Reserve has cut its overnight lending rate, yet bond yields are rising, suggesting a complex market response [2][3] - Mortgage rates are nearing their lowest in a year, influenced by lower inflation and the Fed's movement towards a neutral stance [3] Group 2 - Tariffs are generating record revenue, contributing to a more sustainable fiscal position for the U.S., which may lead to lower interest rates over time [4][15] - The Congressional Budget Office (CBO) has been criticized for its low estimates of potential GDP growth, which contradicts observed economic indicators such as strong blue-collar wage growth and capital expenditure recovery [12][13] - The CBO projects that tariffs could reduce deficits by $4 trillion over a decade, highlighting their significance in fiscal planning [15]