Tariffs and Trade - The administration implemented tariffs based on "common sense, deficits, past history, and raw numbers," with more expected [1][3] - The tariffs have resulted in "hundreds of billions of dollars" in revenue, which the administration believes will benefit the country [3][7][10] - The administration claims tariffs incentivize foreign companies to build plants in the US, creating jobs and tax revenue [8][10][11][12] - The administration asserts that tariffs have led to lower prices on imported goods and reduced inflation, contradicting critics [13][14][15][16][17] - The administration believes other countries took advantage of the US in the past due to "stupid people" or a lack of business understanding [19][20] Economic Policy and Performance - The administration considers its previous term financially successful, despite being "cut short" by COVID-19 [5][6] - The administration claims to have brought down costs, including groceries and energy, and criticizes opposing views as "lies" [14][15][16][17] - The administration believes inflation is "totally under control" but suggests the Federal Reserve should lower interest rates [18] International Relations - Brazil is mentioned as an example of a country that "has been not good to us," with a related announcement expected [2] - The administration is considering tariffs on other countries but expresses positive sentiments towards some leaders [7] - The administration is addressing deficits with countries and believes it's time someone took action [20] Other Issues - The administration is addressing the situation in Gaza and believes there is a chance for a settlement this week or next week [22][23][24] - The administration is reviewing the African Growth and Opportunity Act, considering tariff and non-tariff barriers in Africa [24][25][26] - The administration is investigating an incident targeting ICE officers, attributing it to "very stupid people in the left" with access to money and new weapons, and advocating for "very stiff" penalties [26][27][28][29]

The emerging divide among Federal Reserve officials over the outlook for interest rates is being driven largely by differing expectations for how tariffs might affect inflation, the minutes of the FOMC’s June 17-18 meeting showed https://t.co/JHdjAzYaF5 ...

Verizon Communications Inc. (NYSE: NYSE: VZ ) is one of those companies that suffered significantly from increasing interest rates since the post-pandemic years. Five years ago, VZ stock traded around the $60 level, but now it is in the low to mid $40s.Rick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC N ...

🇺🇸 TRUMP SAYS FED POWELL IS TOOLATE IN CUTTING INTEREST RATES. https://t.co/ruQhKFdBMj ...

Market Outlook - Verdens Capital advisors haven't set a specific S&P 500 target for a year, focusing on earnings as the primary driver [3] - The market's continued record highs, despite unresolved tariff issues, make the industry cautious about the second half of the year [6] - Concerns exist regarding the long-term economic impact of global debt exceeding 100% of GDP in many developed economies [8] Inflation and Monetary Policy - The industry notes that the Federal Reserve (Fed) is likely to delay interest rate cuts due to uncertainty regarding the impact of tariffs on inflation [9][10] - The potential September rate cut by the Fed is now viewed as a 50-50 chance, contingent on upcoming data and tariff implications [15] - The Fed's decision-making is complicated by the need to balance concerns about slowing growth and a potentially cracking labor market with the unknown impact of tariffs on inflation [12][13][14] Trade and Tariffs - The market initially reacted negatively to the Trump administration's worst-case tariff scenarios, but rebounded when less severe outcomes materialized [5][6] - The postponement of tariffs to August delays the Fed's ability to assess their impact on inflation [9] - The ultimate impact of tariffs on businesses and consumers remains uncertain, requiring a wait-and-see approach [14]

The Reserve Bank of Australia’s decision to keep interest rates unchanged caught markets off guard, leading to criticism that the bank’s radio silence had left markets without guidance https://t.co/dopQH0y46x ...

Market Volatility and Economic Outlook - The market has become accustomed to policy twists and turns, anticipating quick reversals to more favorable conditions [2] - Volatility is currently painful, but a settling down of policy could allow positive economic forces to take over [3] - The economy is in good shape with low unemployment, steady employment, and gradually decreasing inflation [5] - Fiscal policy is stimulative, and monetary policy is increasingly accommodative, creating tailwinds for the economy and markets [6][7] - The Federal Reserve (Fed) is correct in waiting for more evidence of weakening employment or reduced inflation before cutting interest rates [8] - There is a belief that there will be a couple of interest rate cuts this year, with the probability of three cuts being greater than one [8][9] Federal Reserve and Political Influence - The market has generally received Jay Powell well, despite initial concerns about his non-traditional economist background [15] - Jay Powell has done an excellent job, especially considering the challenges of COVID-induced inflation [16][17] - Political pressure on the Fed continues, raising questions about the next Fed chair and potential for a more dovish approach [9][11][12][13] - Any future Fed chair must build consensus among the Open Market Committee members, requiring a balanced approach [14] Political and Economic Divides - The current budget and tax bill primarily benefits wealthier individuals, potentially not resonating with the broader electorate [19] - Affordability is a key issue, as many people are not benefiting from the economy's performance to the same extent as those at the top [23] - New York City needs to focus on job creation, affordable housing, education, and public safety to maintain its standing as a financial capital [26][27][28]

streaming. Go to CNBC. com plus now.>> Welcome back. Tech stocks driving the S&P 500 today to a new intraday high yet again. Our next guest says to stick with those winners in the second half of the year.Joining us now at post nine is Michael Pappas of Advisors at Rockefeller. Welcome back. Great.So you still want to ride this this winning trade. Why so. Look, I just think.>> Again technology is changing everything that we have. The metrics have actually changed in the way we evaluate jobs. I think this is ...

Maryanne Bartell's as chief investment strategist at Sanctuary Wealth, a woman who has been assigning target prices to the S&P 500 for a number of years now. So, Maryanne, thanks for being with us. Can you please take us through what exactly in your models and assumptions is driving a 7,000 price target for the S&P 500 by the end of the year.Well, really what's driving this is not new. It's it's really the technology of AI that we've been talking about. Blockchain, robotics, uh crypto, web 3.This is the gre ...

Are we are the prices just not chairman of the Fed. Yes, exactly. Are the prices You do a better job than him.Are the prices just not passed through yet. No, I think what's happening is everything's evening out. You know, when we charge tariff, see what people don't understand, the other countries have been charged, almost every country charges us tariffs.We had deficits with everybody for years, for for decades. And we were like this big monolith that made bad deals with everybody. You know, we rebuilt Sou ...