LIVE NOW: Donald Trump’s tariffs are changing Europe’s approach to Chinese investment — and some EU leaders are keen to welcome Beijing's money and influence.🎧 Ask your questions in our Live Q&Ahttps://t.co/KfrIBnf2eS https://t.co/ry2FpdSmJ6 ...

Geopolitical Impact - Donald Trump's tariffs are reshaping Europe's stance on Chinese investment [1] - Some EU leaders are showing interest in welcoming Chinese capital and influence [1] Investment Climate - The evolving geopolitical landscape may lead to increased Chinese investment in Europe [1]

Donald Trump has won the Hulkamania tariffs brawl he started, says @johnauthers. His bullied victims never came together in self-defense (via @opinion) https://t.co/ZLvi9MPb8y ...

Donald Trump has pledged tariffs of 50% on Brazilian exports and threatened its president. But Luiz Inácio Lula da Silva appears reinvigorated by the feud https://t.co/6QHhkS3BAqIllustration: Ricardo Santos https://t.co/939bXAefRN ...

President Trump and several officials from his administration took a field trip this week to the Federal Reserve. They wanted to check out the renovations that have gone over budget and continue keeping the pressure on Fed Chair Jay Powell to cut rates. The first opportunity to do that is next week, just a few days before tariffs are set to spike unless more countries make a deal with the administration. This week, the president celebrated more trade deals and frameworks, particularly one with Japan that Tr ...

President Donald Trump’s recent flurry of trade deals have given Asian exporters some clarity on tariffs, but missing are key details on how to avoid punitive rates that target China’s supply chains. https://t.co/d0pLmfm27C ...

Market Reaction to Tariffs - The market has largely been desensitized to tariff headlines, with investors not panicking and selling based on reports alone [2] - The tech and AI narrative driving the market higher is not the most tariff-exposed sector, contributing to the market's resilience [3] - The market's reaction is, to some extent, signaling to the president the level of tariffs the markets and economy can sustain [11] - The market's current tolerance encourages further tariff increases [12] Tariff Impact and Future Expectations - Tariffs are expected to show up in economic data and margins, potentially impacting the market [3] - The impact of already implemented tariffs is still to come, as suppliers and retailers make decisions about passing on costs [6] - Tariffs are generally increasing, with baseline tariffs potentially rising from 10% to 15%, and settling around 20% for many Asian countries [8] - Sectoral tariffs, particularly in pharma and semis, represent a large category of goods with an unknown impact [9] - Sophisticated institutional investors remain concerned, anticipating that tariff costs will eventually affect margins or prices [10] Trade Deals and Tariff Strategy - Trade deals are reducing tariffs relative to the initial threats, but still increasing tariffs compared to previous rates [8] - The current phase is a ramp-up in tariffs, with the ultimate outcome yet to be determined [13]

Macroeconomic Outlook - A weaker dollar is generally beneficial for manufacturing and S&P 500 revenues, with approximately 30% of S&P 500 revenues originating from abroad [2] - A 10% depreciation of the dollar could increase inflation by roughly 05 percentage points over the next 9 months, posing a challenge given existing inflation levels [3] - The M2 money supply is growing at its fastest rate since 2022, indicating substantial liquidity seeking assets and yield [4] - The debate centers on whether recent sentiment improvements are sufficient for continued S&P 500 growth, considering headwinds from tariffs and student loan payments restarting [5] Labor Market Dynamics - The consensus expects 100,000 new jobs next Friday, which is still steady job growth [7] - Private sector job growth has slowed down in recent months, raising concerns about the labor market's health [7] - Deportations running at an annualized rate of approximately 1 million people could reduce job growth [7] - The break-even level for long-run non-farm payrolls is estimated to be around 70,000, lower than the 200,000 in 2023 and 2024 [9] Inflation and Pricing Pressures - The market is actively debating inflation, with the expectation of a 27% Personal Consumption Expenditures (PCE) reading next week [10] - There is an expectation of a meaningful increase in inflation over the next several months, particularly in imported goods like footwear, apparel, toys, and tools [11] - Companies are currently paying approximately $400 billion annually in tariffs, impacting either consumers through higher prices or companies through lower earnings [14] - Retailers, particularly those affected by tariffs, are expected to experience margin pressure and potentially lower sales [16]

With the fading probability of the actual rate of Trump tariffs ending up as high as feared, French business leaders are saying the levy with be manageable https://t.co/HLV6l51ZZq ...

Sectoromics has officially returned. We want to get over to Dom Chu to find out what he is focused on this morning. What you got.>> All right. How about the sectors and materials for our sector this month, Andrew. The sector ranks in just about the middle of the pack in terms of the 11 sectors for the 7 months into 2025.It's just up roughly about 8% or so. The miners are leading the charge so far for the sector. Pneumont shares are up more than 60% given that rise in gold prices.Freeport Macaran also in the ...