Tariffs, Tech Earnings, And Inflation Concerns Test Markets
Source: SeekingAlpha
2025-02-12 09:35:00 ET
Summary
- US tariffs against Canadian and Mexican goods were postponed for a month, but new US tariffs against Chinese goods went into effect last week.
- Tech companies were punished for minor infractions such as not beating earnings expectations by a wide enough margin.
- The new jobs report and consumer inflation expectations raised the specter of a resurgence in inflation in the US.
This might be the Year of the Snake, but the exhausting influx of market news makes me feel like I’m aging in dog years. Last week was no exception as markets absorbed tariff announcements, earnings reports from tech companies, news from the new US Treasury Secretary, disappointing US inflation-related reports, and more.
New US tariffs on China take effect
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Tariffs, Tech Earnings, And Inflation Concerns Test Markets
Direxion Daily FTSE China Bear 3X
NASDAQ: YANG
YANG Trading
0.22% G/L:
$27.82 Last:
322,128 Volume:
$27.77 Open:
