U.S. house prices and consumer confidence
Trump’s Double-Downed Tariff Threat Rattles Financial Market Cage
November 26, 2024
The dollar jumped 1.4% against the Mexican peso and 0.9% overnight against the Canadian dollar in reaction to yesterday’s promise by President-Elect Trump to impose a 25% tariff on Canada and Mexico from day one of his administration. He also pledged to tack on an additional 10% surcharge to whatever other tariffs are charged against […] More
Looking for a Fresh Direction
August 27, 2024
The U.S. presidential debate is two weeks away, and the mother of all elections will follow eight weeks after that. A once highly likely victory for Trump has been transformed into a close contest. The FOMC next meets September 17-18. Chairman Powell has all but telegraphed a rate cut then, but it’s size is uncertain […] More
