DAVID JOINS US NOW FOR MORE. TO SEE YOU. AT THE INFAMOUS DINNER LAST WEEK WE BUMPED INTO YOU AT THE WORLD ECONOMIC FORUM.YOU WERE IN THE ROOM WHEN COMMERCE SECRETARY HOWARD LUTNICK DELIVERED THAT SPEECH. HOW CONTROVERSIAL WAS IT. DAVID: WELL, IT WAS CONTROVERSIAL, I SUSPECT, BUT HE DIDN'T THINK IT WAS.IT WAS THE WELCOMING DINNER FROM THE CHAIR OF THE WORLD ECONOMIC FORUM, WHICH IS COCHAIRED FOR AN INTERIM PERIOD OF TIME BY TWO PEOPLE. THEY HAD ABOUT FIVE SPEAKERS WHO SPOKE, AND HOWARD LUTNICK WAS THE LAST S ...

The S&P 500 rose past 7,000 points for the first time, breaching a key psychological milestone, as investors bet on an acceleration of the US economy that will bolster profits for Corporate America https://t.co/fML91kjpmP ...

RT Ignas | DeFi (@DefiIgnas)BTC price prediction based on Manufacturing PMI is dumb:PMI stayed below 50 in 2023 and early 2024, yet BTC pumped from $16k to $73kIf you waited for PMI to reach 50, you would've missed 350% pumpAlso, US Economy is ~80% services, and less than 15% manufacturing GDP (Yes, I gemini'ed it)Claiming Bitcoin is driven by liquidity, institutional adoption (now ETFs), gold, and fiscal dominance makes sense.Manufacturing doesn't ...

Hello everyone. Today we got a very special treat. We are going to talk to Phil Rosen. He is the co-founder and editor-inchief of Opening Bell Daily. In this conversation, we talk about the US economy, the stock market, what's going on with interest rates, and how politics like socialism, capitalism, and much more is affecting people's portfolio, and why there should be some changes out there. We're live today from the desk of Anthony Pompiano. [music] Before we get into today's conversation with Phil, I ne ...

SCARLET: FROM NEW YORK CITY, I'M SCARLET FU. "BLOOMBERG REAL YIELD" STARTS RIGHT NOW. PRESIDENT TRUMP SPARKS FRESH WAVES OF MARKET VOLATILITY.U.S. CONSUMER SENTIMENT SURGES TO A FIVE-MONTH HIGH. SOLID ECONOMIC DATA GIVES THE FEDERAL RESERVE ALL THE MORE REASON TO PAUSE. WE BEGIN WITH THE BIG ISSUE, THE WORLD'S VIEW OF AMERICA.>> IF YOU LOOK AT THE ECONOMY, THERE'S A LOT OF GOOD SHORT-TERM THINGS. >> THE U.S. SENTIMENT IS UNABATED. >> THE U.S. HAS BEEN AN INCREDIBLY STRONGLY PERFORMING MARKET.>> PEOPLE ARE C ...

Group 1 - The core argument of the research is that US tariffs are primarily impacting domestic consumers and importers, absorbing 96% of the costs, while foreign exporters only bear 4% [1][3] - Nearly $200 billion in tariff revenue has been generated, predominantly affecting the US economy [2] - Tariffs are functioning similarly to a domestic consumption tax, with US importers paying tariffs at the border and either absorbing or passing on the costs, leading to lower trade volumes rather than cheaper imports [3][4] Group 2 - Economists describe the impact of tariffs as a slow-moving consumption tax, where costs gradually seep into supply chains over time rather than causing immediate price jumps [4] - Although US inflation remained moderate through 2025, studies indicate that only about 20% of tariff costs reached consumer prices within six months, with the remainder affecting importers and retailers, thereby squeezing their margins [5][6] - This delayed pass-through of costs contributes to a gradual erosion of purchasing power, which accumulates pressure without immediate inflation spikes [6] Group 3 - The stagnation in crypto markets is linked to the availability of discretionary liquidity, which is influenced by consumer and business confidence in deploying excess capital [7]

Market Performance - The S&P 500 rose 0.3%, breaking a two-day losing streak and moving closer to its all-time high set on Monday [1] - The Dow Jones Industrial Average increased by 0.6%, while the Nasdaq composite climbed 0.2% [1] - The S&P 500 closed at 6,944.47, the Dow at 49,442.44, and the Nasdaq at 23,530.02 [2] Economic Indicators - Oil prices eased sharply, contributing to market stability amid hopes for calming tensions in Iran [2] - Treasury yields and stocks of smaller companies rose following positive reports on the U.S. economy [2] Weekly and Yearly Performance - For the week, the S&P 500 is down 0.3%, the Dow is down 0.1%, and the Nasdaq is down 0.6%, while the Russell 2000 index of smaller companies is up 1.9% [3] - Year-to-date, the S&P 500 is up 1.4%, the Dow is up 2.9%, the Nasdaq is up 1.2%, and the Russell 2000 is up 7.8% [3] Company-Specific Insights - Nvidia and other high-flying tech stocks contributed to the market's lift following strong profits and investment plans reported by Taiwan Semiconductor Manufacturing Co., a key supplier in the industry [1]

Core Insights - Both Bank of America and Wells Fargo reported increased profits for the fourth quarter and full year, marking their highest full-year net income in four years [1][2]. Financial Performance - Bank of America's net income for the fourth quarter was $7.6 billion, a 12% increase from the previous year, exceeding forecasts of $7.4 billion [1]. - Wells Fargo's net income rose 6% to $5.4 billion, aligning with forecasts [1]. - Earnings per share for Bank of America was $0.98, surpassing expectations, while Wells Fargo's earnings per share was $1.62, falling short of the forecast of $1.67 [2]. Revenue Drivers - Bank of America experienced a 7% increase in firm-wide revenue to $28 billion, driven by higher lending revenues and fees [3]. - Wells Fargo's revenue increased by 4% to $21.3 billion, also attributed to higher lending revenues and fees [3]. - Bank of America's fourth quarter dealmaking revenue rose 1% to $1.67 billion, while trading fees increased by 10% to $4.5 billion, primarily due to equities [3]. - Wells Fargo's investment banking revenue fell 1%, but its markets division reported an 8% increase in trading fees to $1.6 billion [4]. Management Outlook - The CEOs of both banks expressed optimism regarding the U.S. economy and their institutions' future growth [4]. - Bank of America CEO Brian Moynihan highlighted a bullish outlook for the U.S. economy in 2026 [4]. - Wells Fargo CEO Charles Scharf noted the company's ability to compete more effectively following the loosening of growth restrictions, allowing for increased resource allocation towards growth [5].

Monetary Policy & Market Intervention - The market anticipates continued monetary easing, but under a different label than "QE" [1] - Policy adjustments are expected to protect the stock market, given its perceived importance to the US economy [2] Market Outlook - The stock market is closely tied to the US economy [2]

RT Bloomberg Opinion (@opinion)@GregDaco @AllisonSchrager Underlying US inflation rises in November from a year earlier at the slowest pace since early 2021.Tune in for live analysis 🎥https://t.co/5e2pNFGJC3 ...