By Daniel Smoot, Associate Editor, Money Morning - • Print | Email
Today has been a rollercoaster for oil prices. In fact, oil prices spiked 2.6% earlier this morning (Monday) after two oil tankers were attacked near the Strait of Hormuz. A third of the world's crude oil moves through the strait between the Gulf of Oman and the Persian Gulf. Oil prices initially skyrocketed as a […]
Here's why oil prices are so volatile today...
By Money Morning Staff, Money Morning - • Print | Email
On Sunday (Feb. 24), President Trump announced that the United States would hold off on imposing a 25% tariff on $200 billion worth of Chinese goods on March 1.
Global markets greeted the announcement with elation – the Dow Jones jumped nearly 300 points in Monday's trading session while the Shanghai Stock Exchange surged a record 5%.
However, global markets might be getting ahead of themselves...
By Money Morning Staff, Money Morning - • Print | Email
On Monday, the United States imposed tariffs on roughly $200 billion worth of Chinese goods, bringing to total amount of China's exports under pressure to $250 billion.
By Money Morning Staff, Money Morning - • Print | Email
Last week (Aug. 22), Germany's foreign minister, Heiko Maas, proposed a way for Europe to skirt U.S. sanction policy and upset the international financial order.
Maas, writing for the German business magazine Handensblatt, argued that Europe should establish an independent financial payments system to protect European companies from U.S. sanctions and tariffs.
By Money Morning Staff, Money Morning - • Print | Email
This week, American and Chinese trade representatives met in Washington to discuss deteriorating trade relations between the world's largest trading partners.
Despite two days of intense negotiations, both parties failed to make any significant breakthroughs on the escalating tariffs both nations have imposed.
By Money Morning Staff, Money Morning - • Print | Email
When the White House introduced its first wave of tariff policies in January, American manufacturers like Whirlpool Corp. expected these competitive trade policies to put them ahead of the game.
Following the White House's statement, Whirlpool announced it was hiring 200 full-time workers in Ohio in anticipation of increased product demand.
By D.R. Barton, Jr., Technical Trading Specialist, Money Morning • @DRBarton_Stocks - • Print | Email
As we get hit by more tariffs and the markets try to survive this current trade war, our D.R. Barton, Jr.'s latest charts will show you how to get back on higher ground in the near term and out of the tariff tantrum "box"…
By Stephen Mack, Associate Editor, Money Morning - • Print | Email
Some industrial stocks have been slipping due to overblown fears about "trade wars."
We've got three companies that tariffs won't slow down, and may even help.
You can double your money with any one of these undervalued gems...
By D.R. Barton, Jr., Technical Trading Specialist, Money Morning • @DRBarton_Stocks - • Print | Email
Following week two of the latest round of tariff troubles, our Technical Trading Specialist believes that the markets are momentarily in a tariff "penalty box" and that they're far from believing the world will erupt into an all-out trade war.
In fact, we've been in this situation before...
By Money Morning Staff, Money Morning - • Print | Email
Investors are well aware of the potential impact President Trump's tariffs could have on the economy.
However, almost everyone is overlooking how these new tariffs will impact the Federal Reserve's approach to managing interest rates.
You see, the Federal Reserve sets interest rates based on the current rate of inflation. And it's highly likely that the current rate of inflation will be directly impacted by the administration's new steel tariffs.
