Before Wednesday, President Donald Trump’s tariffs were expected to be a problem for markets and the economy, but a manageable one. So much for that idea. What happened instead is something worse than the worst-case scenario, which previously had been one where the U.S. would slap true “reciprocal” duties on… Read More »How Trump’s tariffs rollout turned into stock market mayhem
It would be an understatement to say that the world has become a more volatile and uncertain place, but we are actively watching for bargains. It would be an understatement to say that the world has become a more volatile and uncertain place since Donald Trump moved back into the… Read More »One stock to buy, and other opportunities amid the market carnage
Australians have lost an estimated $90 billion from their superannuation funds in a sharemarket rout triggered by the Trump administration’s global trade reset, which economists say is likely to trigger a round of interest rate cuts to bolster consumer confidence. The Australian sharemarket’s benchmark S&P/ASX 200 index tumbled into a… Read More »$90b wipeout in superannuation wealth could force RBA to cut rates
More than $114 billion could be wiped off the Australian sharemarket on Monday after China retaliated against the Trump administration’s trade tariffs, sharply increasing investor and economist concerns that the world’s largest economy is heading toward a recession this year. Wall Street’s three major indexes have dropped more than 9… Read More »Investors brace for $115b ASX wipeout amid ‘peak uncertainty’
Financial markets that spent two years anticipating a recession that never came took two days to price in surging odds of a recession that might come by invitation. With one of the nastiest two-day selloffs in history following President Donald Trump’s launch of punitive tariffs on most trading partners, the stock… Read More »S&P 500′s 10% 2-day collapse from Trump’s tariff shock ranks among the deepest in history
Stocks plummeted Thursday, sending the S&P 500 back into correction territory for its biggest one-day loss since 2020, after President Donald Trump unveiled sweeping tariffs, raising the risk of a global trade war that plunges the economy into a recession. The broad market index dropped 4.84% and settled at 5,396.52, posting its worst day… Read More »Dow nosedives 1,600 points, S&P 500 and Nasdaq drop the most since 2020 after Trump’s tariff onslaught
A major audit of ANZ’s markets division has uncovered bullying, substance abuse and managers turning a blind eye to cultural failings, warning these issues could extend across the company’s retail bank. But investors hope that ANZ’s incoming chief executive, Nuno Matos, will have a better chance of repairing broken relationships… Read More »APRA lashes ANZ’s risk culture, raises capital penalty to $1b
The plunge on Wall Street was breathtaking. But there is one indicator that investors should really be worried about. There’s one indicator that tells you just how scary the sell-off on Wall Street was on Thursday night following US President Donald Trump’s declaration of a tariff war. No, it’s not… Read More »This market metric shows the sell-off is getting scary
Dow Jones Industrial Average futures slid Thursday night after President Donald Trump’s tariff plan triggered the biggest slide in U.S. equities in five years. Futures tied to the blue-chip index lost 91 points, or 0.2%, after the 30-stock average tumbled more than 1,600 points in the prior session. S&P 500 futures shed 0.2%,… Read More »Dow futures fall after tariffs push market to biggest losses since 2020: Live updates 108126215
Investors looking to cushion their portfolios in the midst of the recent market volatility may be turning to dividend-paying stocks. Equities are off to a rocky start so far this year thanks to uncertainty around President Donald Trump’s tariffs and the economy. On Wednesday, the market fell ahead of the tariff rollout,… Read More »Dividend stocks can cushion portfolios during volatility. These names are loved by Wall Street