Morning News: May 15, 2025
South Korea Goes Small in Bid for Nuclear Power Ascendance
Eurozone Grew More Weakly Than Thought at Start of 2025, Despite Output Boost Ahead of Tariffs
Rebound Leaves Asset Prices out of Line With Geopolitical Risks, Says ECB’s De Guindos
U.K. Economy Raced at Start of Year But Slowdown Looms
U.S. Ranchers Can Sell Britons More Beef. Will They Buy It?
Trump’s Tariffs Won’t Bring Manufacturing Back to America
Is It Too Late to Save the US Economy?
Bond Traders Enter the Budget Fight
‘Beautiful’ Is In the Eye of the Bond Vigilantes
GOP Tax Bill Seen Masking More Than $1 Trillion Hit to US Debt
Preserving the 21% Corporate Tax Rate Redounds to Workers
No, You Don’t Actually Have a Right to a Bank Account
JPMorgan Investors Look for Clarity on Tariff Impact, Succession Plan
Commerzbank CEO and Workers Rally to Fend Off UniCredit as Investors Meet
A Less-Generous Warren Buffett Would Be $67 Billion Richer Than Elon Musk
First-Time Home Buyers Are Struggling. That’s Bad News for Builders.
Walmart Weathers Trade War Storm With Strong Sales
Walmart Warns About Ability to ‘Absorb’ Tariff Costs Without Raising Prices
A Trade War Winner? The Booming Business of Returned Products.
What an Nvidia-Humain Deal Does for Saudi Arabia in the Global AI Race
Trump Asks Apple to Stop Moving iPhone Production to India
Meta Sees a Future Where AI Fills Your Social Needs
NetEase Profit Jumps as Chinese Videogame Industry Bounces Back
Deere Adjusts FY25 View Amid Tariff Whiplash as 2Q Results Weaken
Dick’s Sporting Goods to Buy Foot Locker for $2.4 Billion
Sandal-Maker Birkenstock Lifts Earnings View After Strong Sales
RFK Jr.’s Quest to Make Americans Eat Healthier Will Be Costly
Profits Are Stagnant. But the Funeral Industry Is Not Dead Yet.
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Posted by Eddy Elfenbein on May 15th, 2025 at 7:05 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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On April 9th, the S&P 500 had its third-best rally of the last 80 years (+9.5%). We've gone up another 9% since then.
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 
