According to Goldman Sachs, consumers are shouldering 55% of the cost of Trump's tariffs this year. 55% shouldered by the consumer. EJ Antony joining us here to he's in New York today.You know, EJ, they're shouldering 55% of the cost of tariffs. That's according to Goldman Sachs. That sounds inflationary to me.>> Well, it certainly does at first, but if we actually read the report, it's it's pointing to next year. And the other thing to remember is that uh these different predictions, not just from Goldman ...

Market Performance - Major stock indices showed a rebound, with the Dow rising by 238.37 points (0.5%) to 46,190.61, the Nasdaq increasing by 117.44 points (0.5%) to 22,679.97, and the S&P 500 climbing by 34.94 points (0.5%) to 6,664.01 [2] - For the week, the Nasdaq surged by 2.1%, while the S&P 500 and Dow increased by 1.7% and 1.6%, respectively [2] Banking Sector - Banking stocks, including Jefferies (JEF) and Zions Bancorp (ZION), rebounded strongly after previous declines, aided by positive analyst comments [3][4] - Other banks such as Truist Financial (TFC), Fifth Third (FITB), and Huntington Bancshares (HBAN) also saw gains following better-than-expected quarterly earnings [4] Trade Relations - Easing concerns regarding the U.S.-China trade dispute contributed to the positive market sentiment, following comments from President Donald Trump indicating that high tariffs on Chinese imports may not be sustainable [4][5] Sector Movements - Despite overall market strength, most major sectors experienced only modest movements, with gold stocks notably declining [6] - The NYSE Arca Gold Bugs Index fell by 7.4% after reaching a record closing high, attributed to a sharp pullback in gold prices [7] International Markets - Stock markets in the Asia-Pacific region mostly declined, with Japan's Nikkei 225 Index down by 1.4% and China's Shanghai Composite Index down by 2.0% [8] - European markets also faced downward pressure, with the German DAX Index falling by 1.8%, the U.K.'s FTSE 100 Index sliding by 0.9%, and the French CAC 40 Index dipping by 0.2% [8] Bond Market - In the bond market, treasuries experienced profit-taking, leading to a rise in the yield on the benchmark ten-year note by 3.1 basis points to 4.007% [9] Upcoming Earnings - A report on consumer price inflation is anticipated next week, alongside quarterly earnings from major companies such as Coca-Cola (KO), General Motors (GM), Netflix (NFLX), AT&T (T), IBM Corp. (IBM), Tesla (TSLA), and Intel (INTC) [10][11]