When we consider the remarks the president made to NBC yesterday suggesting most of our trading partners could see a tariff rate of between 15 and 20% being implemented. Was that the president just riffing or should we expect that the baseline 10% rate currently in place is going to go higher. The baseline way to think about this is to look at the original levels of reciprocal tariffs and the letters that have just gone out where the president has lifted the tariffs from the 10% to a higher rate, roughly tr ...

BDA Capital Partners CEO Barbara Duran and Aerial Investments Vice Chairman Charlie Burbins join us now. Guys, happy Friday. Barb, how much do you factor in the president's saber rattling on tariffs here with the markets, big tech, Nvidia all hitting these record levels and perhaps the risk rising again that maybe this time uh he really is going to be uh serious about these higher tariff levels.Yeah. Well, John, the risk is always there, but I think the market is clearly telling us that they think it's a lo ...

Is the market's week-l long pause working to refresh the bowl for a further climb, or is the market undergoing a midsummer stall much as it did this time last year. Let's ask Avery Sheffield, co-founder and CIO of Vantage Rock Capital. Avery, good to have you here. Great to be here.What is your read on this. It's, you know, we've gone from three months ago this moment of kind of maximum uncertainty to now having a little bit of perceived clarity out there. Does the market have it right that we should feel f ...

Jerome, welcome. And let's start right into it. All the traders I deal with always seem to lately ask the same question.If you look at markets, whether you look at the S&P 500, the NASDAQ, the Dow, or 10-year yields from Liberation Day, the market certainly seems to be viewing future tariff uncertainty and negative aspects in a much different light than Fed officials and economists. And it seems like if you've kept up with the minutes, and I know you have, that the Fed's now split a bit. Is it safe to say t ...

Jerome Powell. I I think he's doing a terrible job. I think we should be No. Uh I think we should be three points lower interest rate.He's costing our country a lot of money. We should be number one. And uh we're not.And that's because of Jerome Powell in terms of interest. ...

.@SteveForbesCEO explains that Trump can take on the Federal Reserve in its intransigent refusal to cut rates: have the Treasury issue bonds in gold, which would provide a simple, everyday metric as to whether Washington is undermining the dollar's integrity. #WhatsAhead https://t.co/OIDkumzk74 ...

Key Takeaways Citigroup is expected to post y/y growth in 2Q25 revenues and earnings. C projects rising IB and markets revenues despite macro headwinds and tariff-related uncertainty Credit reserves and non-accrual loans are expected to rise, signaling pressure on asset quality.Citigroup Inc. (C) is slated to report second-quarter 2025 results on July 15, 2025, before market open. In the first quarter, Citigroup witnessed increases in net interest income (NII) and non-interest revenues. The company also r ...

Key Takeaways JPMorgan plans 500 new branches by 2027 and expects 2025 NII of $94.5B, up nearly 2% year over year. Wells Fargo can now grow beyond its lifted asset cap, aiding NII and fee-based business expansion. JPM holds the top spot for global IB fees, supporting performance despite near-term economic uncertainty.JPMorgan (JPM) and Wells Fargo (WFC) are major U.S. banking giants with strong retail and commercial banking operations and are impacted by interest rate trends and economic cycles.JPMorgan i ...

蒙特利尔银行：加拿大经济似乎已稳住阵脚 央行本月料按兵不动 金十数据7月11日讯，拿大蒙特利尔银行资本市场经济学家本杰明·赖泽斯表示，加拿大就业报告中或许 存在一些瑕疵，也有一些令人费解的地方，但归根结底，6月份的就业数据明显好于预期。6月份25-54 岁主要劳动年龄段人口的就业人数增加了超过9万人，如果剔除新冠疫情时期的数据，这是该群体有记 录以来单月就业增长最强劲的一次。此外，6月份平均每周工时增长0.5%，按年率折算，第二季度工时 增长约为1.3%。"鉴于当前加拿大经济所面临的不确定性，很多人（包括我们自己）都会对这份报告持 保留和怀疑态度。即便如此，目前来看，经济似乎仍在稳住阵脚。"预计加拿大央行将在本月晚些时候 继续维持政策利率不变。 ...

The average net worth that Americans feel is needed to qualify as wealthy has surprisingly declined, compared to last year, though it is still an eye-popping figure, Charles Schwab found. The financial services company said in the latest edition of its "Modern Wealth Survey" that Americans now view $2.3 million as the benchmark for counting as wealthy, pointing to what they see as a worsening economy. That marked a $200,000 decrease from 2024, when Americans said the net worth required to be classified as w ...