Art Hogan, chief market strategist for B. Riley FBR and Wunderlich Securities, discusses market reaction to President Trump's announcement that he will place tariffs on steel and aluminum imports.
Since the announcement, China and the European Union have responded saying that they will protect themselves in the wake of this announcement, signaling the beginning of a possible trade war. We talk about what this means for inflation and the long-term impact on the markets. The timing of this announcement is less than ideal since markets were already uneasy over concerns of rising interest rates.
As we head into the second quarter, there’s an argument in favor of buying Boeing stock. Why? As one expert says, ‘there’s nowhere else to get planes.’
With inflation and prices still on the rise, it might be worth considering a carpool app. One of them, Singapore-based Ryde, just went public in the U.S.
Full Glass Wine Co., the company behind Bright Cellars, Wine Insiders, and Winc, knows you fell in love with home delivery during the pandemic – and it’s investing millions into making it even better.
It might sound counterintuitive, but the Fed cutting interest rates three times this year could cause inflation to spike and actually be worse for markets and the economy as a whole.
Imagine a world with just a handful of mediocre beer options. Terrible, right? That was the U.S. before the explosion of craft breweries, the Samuel Adams founder says.
