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.
Fed rate hike ‘not urgent’, says John Williams; Austan Goolsbee warns against ‘playing with fire’
Federal Reserve Bank of New York President John Williams stated there could be one more interest rate increase before year-end. He emphasized that the central