Canadian robotics startup Vention says it can help US factories grow efficiently. But Trump's tariff policy has thrown the industry into uncertainty. https://t.co/FQkEqNNjQa ...

Market Performance - Market indexes experienced gains, with the Dow up +68 points, S&P 500 gaining +17 points, and Nasdaq increasing +107 points, while the Russell 2000 rose +2 points [2] - The market was influenced by a government shutdown threat and OPEC+'s decision to raise oil production by 137K barrels per day, leading to a -3.8% drop in WTI prices and a -2.5% decline in Exxon Mobil and BP stocks [1] Housing Market - Pending Home Sales rose by +4.0% in August, surpassing expectations and reversing a previous downward trend, aided by slightly easing mortgage rates [3] - Newly-built homes also saw an increase, with homebuilder stocks like Lennar, Pulte Home, and KB Home rising more than +1% due to pent-up demand [4] Cannabis Industry - The Trump administration is considering reclassifying cannabis from Schedule I to Schedule III, which could have significant implications for the industry, resulting in a +60% increase in Tilray's stock price [5] Economic Data Expectations - Upcoming economic data includes Case-Shiller Home Prices, Chicago Business Barometer, and Consumer Confidence, with expectations for slight increases and a narrowing in Consumer Confidence to 95.8 [6] - The Job Openings and Labor Turnover Survey (JOLTS) is expected to show a decrease in job openings to 7.1 million, the lowest since September 2024 [7] Company Earnings - Nike is set to report fiscal Q1 earnings, with expectations of a -60% year-over-year earnings decline and -4.95% revenue drop, despite having outperformed earnings expectations for eight consecutive quarters [8][9]

Core Viewpoint - Ken Griffin, CEO of Citadel LLC, has publicly criticized President Trump's tariff policy, labeling it as "anti-American" and favoring "the big and the connected" [1][2]. Group 1: Criticism of Tariff Policy - Griffin expressed that the line of businesses seeking tariff exemptions is "nauseating," highlighting concerns over crony capitalism and fairness in economic policies [2]. - He warned that government intervention in selecting economic winners and losers ultimately leads to negative outcomes for all [3]. - Griffin cautioned companies against relying on favors from the current administration, suggesting that this could backfire with a change in leadership [3]. Group 2: Economic Impact of Tariffs - Senator Elizabeth Warren and economists have attributed rising goods prices in the U.S. to Trump's trade and tariff policies, with 72% of CPI components exceeding the Federal Reserve's inflation target [6]. - Despite the criticism, Trump's tariffs have generated nearly $350 billion in revenue, raising significant discussions about their impact on the U.S. economy and trade policy [6]. Group 3: Historical Context of Griffin's Criticism - This is not the first instance of Griffin criticizing Trump's economic policies; he has previously expressed concerns about Trump's influence on the Federal Reserve and the potential risks involved [4]. - Earlier in the year, Griffin also warned that the administration's tax cuts and focus on low-wage manufacturing could lead to stagflation [5].

DHL is hiring hundreds of customs experts to help businesses navigate unprecedented trade turbulence that is upending supply chains even as the integrated logistics giant expects a more muted peak shipping season this fall. A barrage of constantly changing U.S. tariff policies has whipsawed freight markets, with shippers fast-forwarding overseas orders to beat tariff deadlines, then reducing imports because inventories are high, and looking to find suppliers outside China — where average U.S. tariffs are ...

Ah, the financial markets. A bastion of rational thought, meticulous forecasting, and serene predictability. Or, at least, that’s what the textbooks tell us. In the era of Donald J. Trump, however, Wall Street often resembles a teenager’s mood swings, reacting with dramatic flair to every pronouncement, tweet, or off-the-cuff remark from the former, and potentially future, President. The past week has been no exception, offering a fresh batch of policy pronouncements that sent some sectors into a tailspin w ...

With all of the confrontation and drama that has surrounded this meeting. They're behind closed doors now. Culturally speaking, can the Fed handle this.I think that the Fed has been put in an unprecedented situation. That said, as you alluded to, we pretty much think we know what's going to happen with the interest rate decision. The Fed has been signaling for quite some time that they were seeing interest rate cuts on the horizon, but not yet.I think markets and the signals we've been getting from various ...

Core Insights - Gold prices have shown a significant upward trend, with futures opening at $3,677.70 per ounce, reflecting a 0.9% increase from the previous day's close [1][4]. - The price of gold has remained above $3,600 since September 9, indicating strong market support [1]. Price Trends - The current gold price is up 10.4% over the past month from an opening price of $3,330.20 on August 19, 2025 [4]. - Year-over-year, gold has increased by 43.3% from an opening price of $2,566 on September 19, 2024 [4]. - The opening price on Friday is also up 0.6% from the previous week's opening price of $3,655.50 [4]. Market Influences - Investors anticipate two additional interest rate cuts from the Federal Reserve this year, which could bolster gold prices [2]. - Geopolitical tensions in the Middle East and Ukraine, along with uncertainties regarding U.S. tariffs, are contributing to the rising gold prices [3]. - Goldman Sachs Research has projected that gold could reach $3,700 per troy ounce by the end of 2025, representing a 40% increase from its January 2 opening price of $2,633 [11]. Investment Opportunities - Costco has begun selling gold bars, silver coins, and platinum bars, providing a convenient option for investors looking to diversify their portfolios [6][7]. - The demand for precious metals is increasing, with gold, silver, and platinum all showing significant price increases in 2025 [7].

Canola Industry Impact - The Chinese market is effectively closed to the Canadian canola industry due to new tariffs, impacting the entire value chain from farms to processing [1] - Canada is facing 100% tariffs on canola oil and meal, alongside preliminary duties of 75.8% on canola seed, significantly affecting exports [2] - The canola sector is calling for political engagement with China to resolve these trade tensions, emphasizing the need for political solutions [7] Electric Vehicle (EV) Tariffs - Canada imposed a federal surtax on China-made EVs to align with the U.S., which had previously increased its tariffs on such imports [3] - The Canadian government is reviewing its 100% tariffs on electric vehicles from China, assessing the appropriateness of the surtax rate and scope [6] - The auto sector argues that maintaining tariffs is essential to protect local industries from unfair competition, while some advocates suggest removing barriers could provide cheaper vehicles and help meet environmental goals [8][9] Economic Contributions and Comparisons - The canola sector reportedly contributes $43.7 billion to the Canadian economy and employs about 200,000 people, although these figures are contested [15] - A contrasting analysis indicates that canola farming and processing contributed only $5 billion to GDP and employed 21,576 people, compared to the automotive sector's $19.1 billion contribution and 118,120 jobs [15][16] - The debate highlights a division between Western agricultural interests and Eastern industrial priorities, with calls for the government to balance support for both sectors [14]

Core Insights - Import volumes in the US registered at 2,519,722 TEUs in August, reflecting a slight dip of 3.9% from July but a year-over-year increase of 1.6% from August 2024 [1] - China, the leading source of US imports, saw a significant decrease in volumes to 869,523 TEUs in August, down 5.8% from July and 10.8% year-over-year [2] - The overall import volumes from the top ten countries of origin for US containerized goods experienced a collective decrease of 4.4% month-over-month [2] Import Trends - South Korea, Japan, and Taiwan reported double-digit percentage decreases in their export volumes to the US, while Indonesia and India showed modest increases [3] - The first eight months of 2025 saw container import volumes in the US increase by 3.3% compared to the same period in 2024, indicating strong demand despite policy uncertainties [4] Tariff and Policy Impact - The sustained high import volumes highlight the sensitivity of US importers to tariff timings and ongoing trade policy shifts [3] - Key tariff measures are currently under legal challenge, which adds to the uncertainty faced by US importers as they navigate supply chain risks [5] - The Global Port Tracker report estimates that import volumes are likely to decline for the remainder of 2025 [5]

9月2日公布的数据显示，美国8月ISM制造业PMI从前值48微升至48.7，不及预期值49，仍然处于荣枯线以 下。 美国最新的8月ISM制造业PMI表明美国制造业仍然处于收缩状态。这是美国经济处于下行趋势的又一个佐 证。 与此同时，特朗普总统的关税政策给美国经济进一步增加了不确定性。这在一定程度上进一步加大了美国经 济的下行压力。 笔者认为，当前美国经济并非某些经济数据所显示的那样健康，如果再叠加"黑天鹅事件"的负面冲击，那么 美国经济的前景堪忧。 JerryZang 免责声明：本文内容及观点仅供参考，不构成任何投资建议。投资者据此操作，风险自担。一切有关市场的 准确信息，请以相关官方公告为准。市场有风险，投资需谨慎。 在如此的经济形势下，近期公布的美国就业市场数据也出现了恶化的趋势。这在一定程度上支撑美联储在9 月重启降息。 然而，即便美联储未来小幅降息，又能够在多大程度上支撑美国经济的增长，市场对此充满了怀疑。 ...