Investors looking for a ballast during downturns may want to consider core bonds, despite the recent rockiness in the fixed-income market, according to experts. Last week was one of the most volatile periods on record for the market thanks to the rollout of President Donald Trump ‘s tariff policies and concerns about how these levies and the ongoing trade war with China will impact the economy. Stocks ultimately ended the week higher. Bond yields jumped more than 50 basis points after ending last week around 4%. Bond yields move inversely to prices. Fixed income is meant to be a diversifier…
Author: usaeverydaylife
U.S. President Donald Trump meets with El Salvador President Nayib Bukele (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., April 14, 2025. Kevin Lamarque | ReutersDETROIT — Shares of automakers jumped during midday trading Monday following President Donald Trump saying he’s looking to “help some of the car companies.”Trump said the automakers “need a little bit of time” to move their production to the U.S.The gains pushed stocks such as Ford Motor, General Motors and Chrysler parent Stellantis higher, swinging from trading level or negative to being up between 1% and 4%. Shares of Rivian…
U.S. President Donald Trump meets with El Salvador President Nayib Bukele in the Oval Office at the White House in Washington, D.C., U.S., April 14, 2025. Kevin Lamarque | ReutersEl Salvador President Nayib Bukele said Monday that he would not return Kilmar Abrego Garcia to the United States despite a U.S. Supreme Court order that says the Trump administration should facilitate his return.”I mean, the question is preposterous,” Bukele said at the White House during a meeting with President Donald Trump, when he was asked about sending Abrego Garcia back from the notorious Salvadoran prison where he has been held.”How can…
In baseball’s Age of Collaboration, the hot seat for managers should be viewed more as an oversized sofa, with front-office executives and statistical analysts all squeezing in. Firing the manager when others bear responsibility for shaping rosters and influencing decisions often amounts to blatant scapegoating. Perhaps that is one reason early dismissals are becoming less common.Only three managers have been dumped before the All-Star break since 2018, all in 2022. The Toronto Blue Jays and Philadelphia Phillies went on to reach the postseason after making changes that year, but the trend did not last. Teams take pride in removing emotion…
Follow live updates on the Trump administration.China has for years presented an economic challenge for Europe. Now, it could become an economic disaster.It produces a vast array of artificially cheap goods — heavily subsidized electric vehicles, consumer electronics, toys, commercial grade steel and more — but much of that trade was destined for the endlessly voracious American marketplace.With many of those goods now facing an extraordinary wall of tariffs thanks to President Trump, fear is rising that more products will be dumped in Europe, weakening local industries in France, Germany, Italy and the rest of the European Union.Those nations now…
Goldman Sachs on Monday reported better-than-expected first-quarter results, jumping over Wall Street’s lowered bar and reassuring investors. Revenue in the three months ended March 31 rose 6% year over year to $15.06 billion, topping the consensus estimate of $14.81, according to LSEG. Earnings per share (EPS) jumped 22% on annual basis to $14.12, well ahead of the $12.35 estimate, LSEG data showed. GS YTD mountain Goldman Sachs’ year-to-date stock performance. Goldman shares, which entered the week down sharply from its highs of the year, rose roughly 1% in response. The stock, however, was still down 22% year to date versus…
Continuing market volatility from President Donald Trump’s evolving tariff policies will create some buying opportunities for investors, according to Morgan Stanley chief investment officer and chief U.S. equity strategist Mike Wilson. “People … in my view, should be looking to buy weakness over the next two months as we retest these levels on this uncertainty,” Wilson said. He forsees a “very tricky” trading environment for at least the next two to three months until clarity is reached on trade policy and inflation odds. “Equity investors are used to being sort of, bailed out, so to speak, from the Fed or…
A Social Security Administration office in Washington, D.C., on March 26. The Department of Government Efficiency (DOGE) is reportedly aiming to reform and downsize the agency.Saul Loeb | Afp | Getty ImagesSeveral Democratic senators are demanding answers from the Social Security Administration following reports that the agency may make staff cuts to a significant department within the agency.The Social Security Administration is reportedly considering additional workforce reductions, including a potential 50% cut in the Office of the Chief Investment Officer. The department, otherwise known as OCIO, is responsible for protecting sensitive data, maintaining benefit claims processing systems, and managing the…
As Sarah Strong dominated the South Carolina frontcourt during UConn’s national championship victory, gobbling up rebounds, protecting the rim and scoring from everywhere on the court, it was easy to imagine her also doing so at the next level. WNBA executives had to be drooling over the idea of drafting the next Huskies star.But they’ll have to wait another three years. Under the collective bargaining agreement, which expires at the end of the 2025 season, American-born players are eligible to be drafted after completing four years of college. The one exception is that players can declare after their junior seasons…
People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty ImagesConsumer worries grew over inflation, unemployment and the stock market as the global trade war heated up in March, according to a Federal Reserve Bank of New York survey released Monday.The central bank’s monthly Survey of Consumer Expectations showed that respondents saw inflation a year from now at 3.6%, an increase of half a percentage point from February and the highest reading since October 2023.Along with concerns over a higher cost of living came a surge in worries over the…
