Tag: politics

Trump's first day back in office was one without major action on tariffs, but he made clear that historic new duties are coming. He suggested 25% tariffs on Mexico and Canada could happen on February 1st, and that blanket tariffs remain on the table for other countries. He declined to offer details on new tariffs for China, but said that tariffs are on the table. Trump signed an order establishing an 'America First Trade Policy' and directed various figures in his administration to "undertake a review of, and identify, any unfair trade practices by other countries and recommend appropriate actions to remedy such practices."

Published on: January 21, 2025, 03:01 AM UTC

Brent crude edged lower ahead of uncertain start to Trump's presidency amid inauguration speech, potential decrees on Iran sanctions, and threat of hefty tariffs.

Published on: January 20, 2025, 01:00 PM UTC

Charts offer a convenient method for analysts to assess the relationship between two variables by plotting a sample as scatterplots and carrying out a linear regression analysis. Through this process, a line of best fit is established, and the R-squared value is computed. This value reflects the extent to which the line captures the relationship between the variables. The R-squared value indicates the degree to which changes in one variable predict changes in the other variable. While some analyses yield high R-squared values (e.g., stock prices versus earnings), others may show low values, as we will demonstrate below. Statistical analyses like these are crucial for market analysis because they reveal that intuitive assumptions about the relationship between variables may not always align with actual observations.

Published on: January 20, 2025, 01:01 AM UTC

Analysts often analyze the relationship between two variables using a scatterplot and linear regression, using the R-squared to measure the explained relationship. However, sometimes the R-squared value is negligible, highlighting the need to consider more than just a single metric when analyzing complex systems like the economy and markets.

Published on: January 19, 2025, 06:00 PM UTC

The spirits and wine industry is experiencing a decline in sales and consumption post-pandemic. Brown-Forman, a major spirits and wine company, has announced a restructuring plan to address the challenges, including workforce reduction and the closure of its historic cooperage.

Published on: January 19, 2025, 02:01 PM UTC

Potential Trump tariffs loom over retailers; Prepare for higher prices

Published on: January 17, 2025, 08:01 PM UTC

Washington is set for a tax battle as observers expect a deal to extend Trump's 2017 tax cuts. Republicans debate timing, with some favoring a quick single bill and others preferring a drawn-out negotiation.

Published on: January 17, 2025, 07:49 PM UTC