President Trump says "no one is getting off the hook for the unfair trade" and tariffs, "especially China."
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Share market, so far today.
🇩🇪 Germany: +2.7%
🇫🇷 France: +2%
🇬🇧 United Kingdom: +1.9%
🇪🇸 Spain: +1.8%
🇮🇹 Italy: +1.7%
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Goldman Sachs $GS just reported earnings
EPS of $14.12 beating expectations of $12.35. Revenue of $15.1B beating expectations of $14.8B
Goldman approved new up to $40B share buyback program
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EPS of $14.12 beating expectations of $12.35. Revenue of $15.1B beating expectations of $14.8B
Goldman approved new up to $40B share buyback program
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President Trump's economic advisor Hassett says "there was no insider trading at the White House."
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Nvidia $NVDA announces $500 billion investment plan to build and expand AI infrastructure in the US.
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China's exports increased by 12.4% in March despite ongoing trade war with the US.
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Argentina's President Javier Milei says he's ready to sign a new trade deal with the US.
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Gold to hit $3,700 by year-end and possibly soar as high as $3,950 says Goldman Sachs
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China orders its airlines to stop accepting new Boeing aircraft and to halt purchases of American-made aviation parts.
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President Trump says "there is a chance that the money from tariffs could be so great that it would replace" income tax.
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Honda to increase manufacturing in the United States, shifting production from Canada and Mexico.
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Investors are buying gold at a record pace:
- Gold funds have seen an inflow of $80 billion since the start of the year.
- This is twice as much as in 2020, the previous record year.
- A sharp increase in interest amid market instability.
- Gold prices have risen 22% since the start of the year.
- Gold has outperformed all other major asset classes in terms of returns.
- Over the past year, there have been 52 all-time highs.
- The best streak in 12 years.
- Gold is the world's main safe haven, analysts say
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- Gold funds have seen an inflow of $80 billion since the start of the year.
- This is twice as much as in 2020, the previous record year.
- A sharp increase in interest amid market instability.
- Gold prices have risen 22% since the start of the year.
- Gold has outperformed all other major asset classes in terms of returns.
- Over the past year, there have been 52 all-time highs.
- The best streak in 12 years.
- Gold is the world's main safe haven, analysts say
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President Trump says US is "taking in record numbers in tariffs, with the cost of almost all products going down."
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California's Governor Newsom asks court to block President Trump's "illegal" tariffs.
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SPX: $5396
NASDAQ: $16823
DXY: $99
Gold: $3328
Silver: $33
Bitcoin: $83794
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United States has generated a total of $21 billion in tariff revenue since President Trump took office.
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