Trump Overstepped Authority on Tariffs, Says Nevada Attorney General
Nevada Attorney General Aaron Ford says President Donald Trump overstepped his authority when it came to tariffs. He says he was not surprised by the Supreme Court's ruling.
AlphaMadera is an AI-powered investment platform that helps financial professionals and families build lasting legacies.
Start Building Your Legacy →To our valued customers, log in here >
Nevada Attorney General Aaron Ford says President Donald Trump overstepped his authority when it came to tariffs. He says he was not surprised by the Supreme Court's ruling.
The US is experiencing near-historic underperformance relative to the rest of the world so far this year. The US S&P 500 (SPY) is basically unchanged YTD following today's declines, whereas the rest of the world (ACWX) is closing in on a double-digit gain.
UK businesses are facing uncertainty and higher costs as Donald Trump's new global tariff hike is set to take effect from Tuesday.
The Supreme Court struck down Trump's tariffs, but we expect the Office of the US Trade Representative to pivot to a plan B. Tensions have been rising, but we don't expect these developments to derail global stock markets or end the business cycle.
Nassim Taleb, author of “The Black Swan” and distinguished scientist at Universa Investments, warns that markets are underpricing structural risks while overestimating the durability of recent AI leaders. Speaking with Bloomberg's Natalia Kniazhevich, Taleb also weighs in on US tariff policy and the market impact of increasing tensions between Iran and the US.
US stocks fell in the wake of tariff tumult that saw the Supreme Court cancel a key part of President Trump's tariff policy — only for him to vow new levies over the weekend — stoking fresh trade jitters as investors dumped companies seen as potential AI losers.
Section 122 Tariffs: Presidents can implement tariffs under Section 122, like the ones Trump imposed in the wake of the court's ruling, “to deal with large and serious United States balance-of-payments deficits,” or to stop the U.S. dollar from plummeting in foreign exchange markets. The tariffs are capped at 15% and cannot be in effect for more than 150 days, meaning they're more limited than the IEEPA tariffs.
After a turbulent start to 2025 that included a roughly 20% drawdown in two months, followed by an aggressive rally of around 45% off the April low, investors heading deeper into 2026 are dealing with a market that has reminded everyone just how fast conditions can shift.
Gibbens Capital Management CIO Mark Gibbens breaks down where he sees opportunity in a volatile market, from AI and tech to banks and small caps—and why this pullback may be creating long‑term winners. 00:00 Introduction 00:08 Tariffs & Market Outlook 01:05 Buying the Dip Strategy 01:27 Tech Rotation Shift 02:38 Current Buying Opportunities 03:54 Nvidia Earnings Impact 04:35 AI Race Leaders 05:23 JPMorgan & Financials 06:35 Shopify Opportunity 07:34 Gold vs.
The Substack post envisions an economy in 2028 in which AI has triggered mass layoffs and disrupted large-cap stocks like DoorDash and Uber.
Jason Oxman, president and CEO of the Information Technology Industry Council, says the tech industry needs certainty around tariffs in order to invest in AI. Oxman discusses the current tariff landscape with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.
US stock benchmarks retrace to start the week as tariff uncertainty reigns. Indexes remain at inflexion points and will face key tests this week.
ETF Action Founding Partner Mike Akins joins CNBC's Dom Chu on ‘Halftime Report' to discuss the new dichotomy in the world of ETF investing, and which side is poised to emerge as the winner.
For years, retail investors were dismissed by some on Wall Street as “dumb money.”That typically referred to those prone to trading on hype, or chasing trends rather than company or industry fundamentals, or responding late to big market moves.That's no longer the case.
Monday marks the first trading session since Trump announced he would raise his 10% global tariffs to 15% on countries that have been “ripping the U.S. for decades, without retribution.” Officials from the European Union said Monday the bloc would halt its trade deal in response.
A leading Federal Reserve official says that employment in the U.S. likely declined last year. Data from the Bureau of Labor Statistics (BLS) showing that job creation dropped to an average of 15,000 new positions a month last year contained an “upward bias,” Fed Governor Chris Waller said at a National Association for Business Economics conference Monday (Feb. 23).
Bitcoin drops below $65,000 due to anxiety over corporate profits and uncertainty over US tariffs. Emily Nicolle reports on Bloomberg Tech.
Last week's troubles at Blue Owl put the focus back on the private credit markets, an area prudent investors should be monitoring closely for further deterioration. Recent credit market shocks follow last summer's TriColor and First Brands bankruptcies, which triggered write-offs at banks.
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Davis Select US Equity Portfolio Manager Chris Davis, YMX VettaFi Investment Strategist Cinthia Murphy, Proshares Global Investment Strategist Simeon Hyman, and JPMorgan Asset Management Global Head of ETFs Travis Spence.
The Investment Committee debate how to trade the market's reaction to the Supreme Court's ruling against Trump's tariff's last week.