Seth R Freeman discusses the negative impact of tariffs on Mexico and Europe, highlighting the uncertainty it creates for businesses. Despite tepid market reactions, Freeman suggests lower trading volumes due to summertime may be a factor. He believes gold’s rally is tied to geopolitical issues, not tariffs, and anticipates strong earnings in healthcare and travel sectors.
Oil price down more than 2% in early Asian trade
Oil prices fell more than two percent in early Asian trade after strong gains in recent days on the back of the conflict in the