Tariffs, Schmariffs! Why some Wall Street power players aren’t worried about stocks
Tariffs have a history of igniting economic gloom. Economists believe they were the root of the Great Depression. After the 1929 crash, Congress passed something known as Smoot-Hawley (named after a couple of protectionist lawmakers), which raised tariffs on 20,000 imports and set off a wave of global protectionism.
Wall Street got some relief after an encouraging report said inflation slowed last month by more than expected.
A soft inflation report before the bell brought out stock buyers, but they quickly retreated and gains faded into the open as ...
The Nasdaq Composite picked up after the soft inflation report eased concerns about a looming recession and as investors ...
6hon MSN
Asian markets have shrugged off another decline on Wall Street, with markets in China advancing after banks and other ...
Wall Street, already on edge over the next tariff announcements from President Donald Trump, turned lower early Thursday ...
Wall Street's main indexes were on track to open lower on Thursday after President Donald Trump upped his tariff rhetoric ...
Inflation eased last month, but the data may offer less comfort to businesses, consumers and the Fed than it otherwise would ...
After being dealt blow after blow during Trump's trade war, markets finally found a reason to rise.
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