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  • Morning News: September 9, 2025
    Posted by Eddy Elfenbein on September 9th, 2025 at 7:04 am

    China’s Pipeline Diplomacy Is a Nightmare for US Gas

    In ASEAN Nations, Coal Is a Physical Manifestation of Progress

    Trump Is Dismantling Climate Science at a Dangerous Pace

    Morgan Stanley’s Flip-Flop Shows Speed of Crisis Ensnaring Milei

    German Industrial Production Rebounds Despite Falling Exports

    French Industrial Output Retreated in July

    ECB Push to Simplify Bank Rules Prompts Fears of Capital Demands

    The Democrats Very Much Need a Reset On the Economy

    The Renewed Bid to End Quarterly Earnings Reports

    Ken Griffin Speaks Out Against Trump’s Attacks on the Fed

    Brendan Carr Channeling Trump’s Showman Instincts to Overhaul FCC

    White House Prepares Report Critical of Statistics Agency

    Staffing Crisis Unfolds at BLS With a Third of Leadership Jobs Now Vacant

    Trump Administration Halts I.R.S. Crackdown on Major Tax Shelters

    $37T In Debt Doesn’t Fuel Prosperity, It’s An Overwhelming Sign of It

    American Workers Feel Less Confident About Finding a Job

    Oil Field Job Cuts Pile Up in the US Shale Patch for Fear of a Glut

    The Supreme Court’s ICE Raids Ruling Is Shameful

    The ICE Raid on the Georgia Hyundai Plant Makes No Sense

    Big Tech Looks to Strengthen Frayed Relationship With Democrats Ahead of Midterms

    Nvidia Assails Critics as A.I. ‘Doomers’ in Fight Over China Chip Sales

    OpenAI Executives Rattled by Campaigns to Derail For-Profit Restructuring

    Two Leading European Tech Firms Strike an A.I. Partnership

    Whistle-Blower Sues Meta Over Claims of WhatsApp Security Flaws

    SpaceX’s $17 Billion Deal Plunges Musk Deeper Into Wireless Market

    Murdoch Family Settles Battle Over Trust

    Inside the Deal Ending the Murdoch Succession Fight

    Lachlan Murdoch, the Media Prince Who Would Be King

    Anglo American Agrees to Buy Teck in Deal Reshaping Mining

    New ‘Got Milk’ Campaign Tries to Build on a Dairy Milk Comeback

    Why 7-Eleven and Other Convenience Stores in Japan Are So Special

    Is America Ready for Japanese-Style 7-Elevens?

    Be sure to follow me on Twitter.

  • Morning News: September 8, 2025
    Posted by Eddy Elfenbein on September 8th, 2025 at 7:03 am

    OPEC+ to Boost Oil Output Further Despite Supply Glut Concerns

    EU Weighs New Sanctions on Russia to Hit Banks and Oil Trade

    Billionaires Who Amassed Gold Fortunes in Dubai Face Slowdown

    China’s Export Momentum Slows, Missing Expectations

    Chinese Firms Win Bid to Build Road Used for Cameroon-Chad Trade

    Japan’s Economy Continues to Grow Amid Tariff Woes, Revised Data Confirms

    German Industrial Production Rebounds Despite Falling Exports

    Why France’s Financial Woes Are Pushing Its Government to the Brink

    Argentina Bonds Slump on Milei’s Defeat in Buenos Aires Vote

    ECB Expected to Stay on Hold, Give Little Guidance on Future Rate Path

    India’s Investors, Defying Tariffs, Keep Pouring Money Into Stocks

    Global Markets Rise Slightly as Fed Rate-Cut Expectations Hiked

    Another US Jobs Markdown Sets Stage for Fed Cut, BLS Criticism

    Bessent Battles Trump Demands, Market Jitters in Fed Chair Hunt

    Bessent’s Fed Critique Misses the Big Picture

    The Fed As A Source Of Economic Growth Is A Monstrous Delusion

    PNC Financial to Buy Smaller Rival FirstBank in $4.1 Billion Deal

    The Truth About Private Equity’s Historical Returns

    Your Paycheck in Stablecoins? That’s Local Banks’ Worst Nightmare

    The Spectacular Comeback Tour of a Crypto Convict

    US Raid on Hyundai Plant Leaves Korean Companies Reeling

    What the White House Doesn’t Get About ‘War’

    The Regulator Who Thinks He Can Win Trump’s Battle With the Media

    Healthcare Jobs Are a Rare Bright Spot in the Stalling Labor Market

    $1 Trillion in American Wages Has Gone Up in Wildfire Smoke

    Detroit’s Carmakers to Save Billions in Trump Emissions Rollback

    Apple’s Plan B for AI Is Actually Pretty Great

    SpaceX Agrees to Buy Wireless Airwaves in $17 Billion Deal

    BMW and Mercedes Take On Tesla With New Luxury SUVs

    PepsiCo CEO’s Tall Order: Win Over Investor Calling for Strategy Reset

    Amazon’s New Curbs on Sharing Free Shipping Are Set to Hit Millions

    Sotheby’s Strikes Alliance With Ascendant Art Fair

    Unrivaled Basketball League Hits $340 Million Valuation

    Be sure to follow me on Twitter.

  • Morning News: September 5, 2025
    Posted by Eddy Elfenbein on September 5th, 2025 at 7:04 am

    Xi Unites World Leaders Sick of Being Pushed Around by Trump

    Russia’s Putin Denies Economy Is Stagnating, as Evidence Suggests Otherwise

    Eurozone Posts Marginal Economic Growth in 2Q, But ECB Rate Cut Remains Unlikely

    German Manufacturing Orders Drop as Foreign Demand Takes Hit

    Sterling Faces Fresh Losses Ahead of Budget

    Canada Trade Deficit Narrows as Exports Revive

    Trump Prepares to Start North American Trade Deal Renegotiation

    The One Leftist the White House Tolerates (for Now)

    The Markets Will Speak Regardless of the Fed’s So-Called “Independence”

    Why Crypto Needs More Clarity and Market Structure Now

    Record $322 Billion in China Loans for Stock Bets Feeds Volatility and Prompts Caution

    Itochu Sells Japan’s First Orange Bonds for Gender Equality

    UBS CEO Against Reducing Bank’s Size in Face of Regulatory Concerns

    After 100 Years, Trillion-Dollar Fund Manager Wellington Wants You to Know Its Name

    The New American Hustle: Dividends Over Day Jobs

    Gold Heads for Strongest Week in Three Months; Focus on Key US Jobs Report

    Treasury Traders Gear Up for US Payrolls to Cement Fed Bets

    Is the Jobs Data Still Reliable? Yes, at Least for Now.

    Worker Pessimism Is Part of the US Economy Now

    Mounting Deportations Meet Slow Hiring in a ‘Curious Kind of Balance’

    The Crackdown on Cities Will Actually Make Them Less Safe

    Congress Must Join the Courts In Saving Trump From Himself

    Trump Basks in Tech Leaders’ Spending Vows at White House Dinner

    Tesla Board Proposes Musk Pay Package Worth as Much as $1 Trillion Over Decade

    How Peter Thiel’s Antichrist Fixation Adds Up for Me

    Would Another OPEC+ Production Surge Really Crash Oil Prices?

    South Africa’s Eskom Eyes Green Power as Its Energy Sales Drop

    Spirit Airlines Is Struggling, and Rivals Smell Blood

    The Doctors Are Real, but the Sales Pitches Are Frauds

    The Ironman CEO Wants to Turn the Race Organizer Into a Lifestyle Brand

    With Cracker Barrel, Customers Make a Case for Being Right

    What’s Next for Giorgio Armani’s Fashion Empire?

    Be sure to follow me on Twitter.

  • Morning News: September 4, 2025
    Posted by Eddy Elfenbein on September 4th, 2025 at 7:06 am

    The US Has Outsourced Its Gaza Policy to Israel

    In Tariff Standoff With Trump, China Boycotts American Soybeans

    Germany’s Ifo Institute Cuts Growth Forecasts on Tariff Impact

    Trump Asks Supreme Court to Allow His Sweeping Tariffs

    The Supreme Court Can’t Keep Dodging the White House

    Malaysia’s Central Bank Keeps Policy Rate Steady

    Turkey Inflation Inches Down as Central Bank Primes Fresh Easing

    Swiss Inflation Holds Steady as SNB Mulls Rate Cut Below Zero

    Financial Crime Watchdog Calls for Countries to Come Clean on Shell Companies

    The U.S. Dollar, and the Struggle for a Stable Currency

    Trump’s Fed Pick to Face Grilling From Lawmakers

    Three Things to Watch for at the Confirmation Hearing for Trump’s Fed Nominee

    Wall Street Strategists See More Unease on Fed Independence

    When the Government Dabbles, Freedom Wobbles

    Who Does Trump Fire If He Hates This Jobs Report?

    A Sovereign Wealth Fund for the US Is a Great Idea, Actually

    CVC Capital Partners Confident in Outlook After Results Match Views

    Goldman to Buy $1 Billion of T. Rowe Stock as Firms Team Up

    Jane Street Blindsides Regulator in Fight Over India Trades

    Revolut Debuts Buyback in Latest Move to Stay Private for Longer

    US Hiring Intentions Pull Back While Job-Cut Announcements Rise

    The Biggest U.S. Oil Companies Are Eliminating Thousands of Jobs

    Mexico Sees a Future in Shale Gas. Just Don’t Call it Fracking.

    John Deere, a U.S. Icon, Is Undermined by Tariffs and Struggling Farmers

    Harvard Judge Blasts Justice Gorsuch’s ‘Unhelpful’ Criticism

    Yes, America Has a Housing Emergency

    Trump’s Housing Chief Wants to Build, But With What?

    Health Care Costs for Workers Begin to Climb

    Novo Has High Hopes That Ozempic Pill Can Also Fight Dementia

    $40,000 Vacations Inspire Finance Pros to Become Travel Agents

    The Message for Big Tech in the Google Ruling: Play Nice, but Play On

    Amazon Pares Back Free Shipping Perk on Prime Membership

    McDonald’s Escalates Restaurant Industry’s Fight Over Tipping

    The Kelce Brothers’ Garage Beer Company Is Now Worth $200 Million

    Suntory Boss Who Resigned Said He Took CBD Supplements for Jet Lag

    Be sure to follow me on Twitter.

  • Morning News: September 3, 2025
    Posted by Eddy Elfenbein on September 3rd, 2025 at 7:04 am

    Xi’s Historic Meet With Putin and Kim Showcases Unity Against US

    China Services PMI Expands at Fastest Pace in Over a Year

    China’s ‘Opportunistic Devaluation’ Fuels Europe Trade Shock

    Turkey Inflation Inches Down as Central Bank Primes Fresh Easing

    Eurozone Inflation Accelerates, Priming Continued Rate Pause by ECB

    Central Banks Urged to Pool Dollar Reserves as Fed Help Questioned

    ECB’s Lagarde Says EU Should Close Loopholes in Stablecoin Regulation

    Global Bond Selloff Deepens With Longer Debt Leading Losses

    Tariff Chaos Reigns and America’s Economy Suffers

    US Treasury Yields Brush With 5% as Global Borrowing Costs Mount

    Behind This Season’s Bumper Earnings: Job Cuts, Price Hikes, Glum Workers

    Trump’s Drive to Reshape the Fed Progresses With Rapid Senate Hearing

    The Potentially Big Costs of Trump’s Fed Fight

    Cook’s Lawyers Fire Back at Trump’s Claim of Vast Powers to Oust Fed Officials

    Why Trump Isn’t Turning Into a Lame Duck

    Dumbing Down the SAT Bodes Poorly for Education

    U.S. Bancorp Resumes Crypto Custody as Regulators Clear Path

    Oil Traders Are Finding It Harder to Make Money in a Tumultuous Market

    Venture Capitalists Band Together in New Bid to Back Climate Tech

    Why Iowa Chooses Not to Clean Up Its Polluted Water

    A Hidden Tax That Could Price Us Out of Our Homes

    Anthropic Stake Propels Qatar’s $524 Billion Wealth Fund Deeper Into AI

    Google Avoids Harshest Penalties in Landmark Search Monopoly Ruling

    With Each Passing Day, Robots Are Enhancing the Value of Workers

    How Fining Elon Musk’s X Could Threaten the U.S.-E.U. Trade Deal

    What We Know About America’s Billionaires: 1,135 and Counting

    Pharmacy Benefit Managers Aren’t the High-Priced Drug Problem

    Cracker Barrel’s Sales Took Hit Before It Went Back to Old Logo

    How Jet Lag Cost the Global Face of Japan Inc. His Job

    Nestlé CEO’s Unraveling Started With a Tip to an Employee Hotline

    Behind the Numbers: How Hollywood Missed Its Mark This Summer

    Be sure to follow me on Twitter.

  • CWS Market Review – September 2, 2025
    Posted by Eddy Elfenbein on September 2nd, 2025 at 10:11 pm

    (This is the free version of CWS Market Review. If you like what you see, then please sign up for the premium newsletter for $20 per month or $200 for the whole year. If you sign up today, you can see our two reports, “Your Handy Guide to Stock Orders” and “How Not to Get Screwed on Your Mortgage.”)

    The stock market got off to a weak start for September. Historically, September and October have been the two worst months for the stock market. Perhaps Wall Street wanted to start the downtrend immediately.

    What’s interesting is that today’s damage was mostly felt by those High Beta names. I’ve been talking a lot about them recently, and you can see why. The S&P 500 was down by 0.7% which isn’t that bad. At one point, the index was down more than 1.5% for the day. At its low, the index was down 100.68 points.

    Notice the red rightmost cross in the chart below. You can see how low it fell during the trading day.

    This has been an odd market in that it’s been internally volatile but externally calm. In other words, the overall market is placid, but the riskier stocks have done well. I’ve been waiting for High Beta stocks to get their comeuppance.

    I’m starting to feel like Linus in the pumpkin patch. Instead of the Great Pumpkin, I’ve been waiting for the rotation out of high-risk names. Now might be a good time, but the market has easily repulsed any attack led by the bears. Just recently, the market had a five-day losing streak, but that lost ground was quickly regained by the bulls. In fact, it happened again this afternoon, but on a smaller scale.

    Today was the worst day for stocks since August 1. Interestingly, that was also the first trading day of the month. Take that away and today was the second-worst day for the market since July 7.

    August was another good month for Wall Street. It was also the fourth monthly gain in a row. As an investor, it’s hard to argue with a strong trend. Trying to spot market rotations is a dangerous game and I try to avoid it. Instead, I watch for what the market gives us.

    I’m closely watching to see if the S&P 500 falls below its 50-day moving average. Let me be clear that this is an imperfect metric, but it does have its merits. The index is still above its 50-DMA, but it got a lot closer today. If the market does lose its 50-DMA, which it hasn’t for several months, that could be a signal for the bears to continue attacking.

    Kraft Heinz to Split in Two

    Kraft Heinz (KHC) announced today that it’s splitting into two companies. The company had to make a move, and this was building for years, but not everyone is happy.

    Warren Buffett, whose Berkshire Hathaway owns more than one-quarter of the shares, said he’s “disappointed” in the news. That almost sounds like a scolding parent. Shares of KHC fell 7% today.

    If you recall, ten years ago, Buffett was the one who pushed for the original Kraft-Heinz merger. He hasn’t touched his shares since 2015. Berkshire originally partnered with 3G Capital to get the deal done, but 3G sold all of its KHC shares two years ago.

    The plan is simple. What Kraft Heinz wants to do is divide the current company into two publicly traded companies. One company focuses on sauces, spreads and shelf-stable meals. The other would include staples like Oscar Mayer, Kraft Singles and Lunchables.

    Buffett conceded that the merger hasn’t worked out as well as he has hoped. That’s some classic Midwestern understatement. He said that any splitting apart will cost a few hundred million dollars, and it will take several months. That’s true, but the present course isn’t working.

    The fact is that Americans’ tastes have changed and packaged food isn’t as popular as it once was. CNBC noted that some analysts “blamed the company’s slump on cost-cutting measures that kept Kraft Heinz from investing in its brands at a time when they needed it most.”

    Will Buffett sell? That’s not clear. He did say that if Berkshire is offered a block deal, meaning someone ponies up a few billion to take KHC off Buffett’s hands, he won’t take it unless the same deal is offered to KHC shareholders.

    This story brings me to an important lesson about investing: it can take a long time before you can properly judge a business. It’s been ten years at Kraft Heinz, and management and the major shareholder still disagree.

    Here’s an interesting stat that might surprise you: Shares of Nvidia (NVDA) were dead money for more than 13 years. It’s true!

    If you had invested in Nvidia on January 2, 2002, by September 1, 2015, you would be down about 4% with your investment (not including dividends). Make no mistake – this is a massive example of cherry-picking data, but nevertheless, those cherries are real. Nvidia really did very little for more than 13 years.

    Over the next ten years, shares of Nvidia have risen about 340-fold. Over the last four days, the stock has lost $340 billion.

    Shares of Pepsi (PEP) got a nice pop today when Elliott Investment Management said that it has taken a $4 billion position in the soda company.

    Elliott is a well-known activist hedge fund. By activist, I mean a fund that takes a large position in a stock and then advocates for some important changes in the hopes of giving the stock a boost. Oftentimes, this means paying out a dividend or boosting capital expenditures.

    Pepsi’s stock hasn’t been doing that well this year, and it’s even been lagging Coke (KO).

    The problem with being an activist investor is that the easy part is finding a company that’s not doing well. The hard part is finding a company that’s not doing well and that can easily get back to health. Elliott said that Pepsi should “evaluate the potential refranchising of its bottling network, while streamlining its portfolio by divesting non-core and underperforming assets.”

    Elliott’s position is different than Buffett’s with KHC. The reason is that even despite Elliott’s big position, it’s still small compared with the overall company which has a market value of $200 billion. As a result, Elliott needs to get investors on its side. Elliott said that Pepsi has the potential to rally 50% from here. That certainly got attention from a lot of folks.

    What I don’t get about Elliott’s position is that it doesn’t involve any major strategic gain, outside some generalities. It doesn’t advocate for a new dividend, or spin off, or merger. Instead, Elliott seems to say that Pepsi can somehow do better. I hope that’s right.

    The next big test for the market will come this Friday when the government releases the jobs report for August. The July report was weak, and the other months were downgraded. We’ll get the ADP report on private payrolls tomorrow.

    That’s all for now. There will be no Tuesday issue next week. I’ll be at the Future Proof Festival in Huntington Beach, CA. AdvisorShares will be at booth #327. If you’re around, come on by! I’ll have more for you in the next issue of CWS Market Review on September 16.

    – Eddy

  • Morning News: September 2, 2025
    Posted by Eddy Elfenbein on September 2nd, 2025 at 7:04 am

    China’s Xi Redraws Geopolitical Map With Embrace of Putin, Modi

    It’s a Strongman’s World and We’re Just Living in It

    Putin’s Gas Pipeline Win in Beijing Sends a Message to Washington

    OPEC+ Set to Hold Output Steady as Oil Glut Anxiety Looms

    South Korea’s Inflation Hits Nine-Month Low

    Eurozone Inflation Accelerates, Priming Continued Rate Pause by ECB

    Loss of Fed Independence Would Push Up Borrowing Costs, Set Off Turmoil, ECB’s Schnabel Says

    US Regulators Cancel Bank Exams as Trump Rollback Gathers Pace

    After Court Defeat, Trump Warns of Economic Chaos From Loss of Tariffs

    American-Made Businesses Are Clamoring to Get on This Tariff List

    Economists Can Solve the Fed’s Tariff Problem

    America Inc. Swaps Decades for Days in Rush to Commercial Paper

    America Can Teach Europe a Lesson on Corporate Fundraising

    Why Investors Can’t Seem to Get Enough of Gold

    Stablecoins Are Coming for Your Rewards Points

    GOP Faces Headwinds on Push for Second Big Tax and Spending Bill

    This Little-Known US Transport Gauge Is Flashing an Early Hint of Slowdown

    How Can an Economy This Good Feel This Bad?

    Why a Balanced Budget Is the True Immoral Burden for the “Grandkids”

    Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

    More Fentanyl Shows Up in Random Workplace Tests

    Trump’s Space Research Cuts Are a Gift to China

    Why China Is Trying to Tame Its Electric Car Frenzy

    Tesla Will Derive 80% of Its Value From Optimus Robot, Musk Says

    Silicon Valley’s Drive to Get AI Into America’s Schools Is Working

    YouTube’s Covert AI Editing Experiment Won’t Be Its Last

    Leading With AI Without Compromising People, and Principles

    Klarna, Backers Seek $1.27 Billion in US IPO After Tariff Pause

    Kraft Heinz Is Splitting Into Two Companies

    CEO of Jim Beam’s Japanese Owner Quits During Police Probe

    Nestlé Fires CEO Following Probe of Romantic Relationship With Subordinate

    Be sure to follow me on Twitter.

  • Morning News: September 1, 2025
    Posted by Eddy Elfenbein on September 1st, 2025 at 7:08 am

    Xi Offers a Glimpse of His Alternative World Order

    China Factory Activity Gauge Signals Rebound in Manufacturing

    India Was the Economic Alternative to China. Trump Ended That.

    Putin Proposes Shanghai Cooperation Organisation Members Should Issue Joint Bonds

    Modi Hugs Putin and Hails Russia Ties in Defiance of Trump

    Putin Sees Only US Weakness in Ukraine

    Ukraine War Leads to Global Shortage of TNT

    Keir Starmer Is Hearing Voices From Political Valhalla

    How—and Why—U.S. Capitalism Is Unlike Any Other

    A Free Market Conservative Celebrates Labor Day

    USA250 | A Letter From The Wall Street Journal’s Editor in Chief

    Perfectly Legal and Undeniably Scandalous

    The Cracks in America’s Rule of Law Are Getting Deeper

    Threats to Fed Independence Are ‘Very Worrying,’ ECB’s Lagarde Says

    Trump’s Plan to Pack the Fed With Loyalists

    US Courts Size Up Trump Tariffs With WTO Defanged

    What Are Trump’s Options If His Tariffs Are Ruled Unlawful?

    Alibaba’s AI Revenue Surge Triggers $50 Billion Stock Rally

    How This A.I. Company Collapsed Amid Silicon Valley’s Biggest Boom

    How to Prevent AI From Causing an Economic Catastrophe

    Data Centers That Don’t Exist Yet Are Already Haunting the Grid

    Microsoft Now at the Center of Big Tech’s Worker Protests

    Chevron’s Boss Says the World Will Need Oil for a ‘Long, Long Time’

    Equinor to Subscribe for Orsted Shares Worth Up to $939 Million in Rights Issue

    Tesla Grabs Top Spot in Norway Where Almost All New Cars Are EVs

    EV Deals Are Booming Ahead of Tax-Credit Expiration

    Netflix ‘KPop Demon Hunters’ Success Is No Surprise

    America Closed Malls, but China Kept Building Them. Now It Has Too Many.

    The Corporate Logo That Broke the Internet

    The US Open Has Become About Everything But the Tennis

    How Alcaraz and Sinner Skipped the Line in Men’s Tennis

    She Avenged Caitlin Clark on the Court. Now Sponsors (and the Right) Love Her.

    ESPN Employees’ Favorite Sport: Lamenting Their Home Base

    Be sure to follow me on Twitter.

  • Morning News: August 29, 2025
    Posted by Eddy Elfenbein on August 29th, 2025 at 7:01 am

    Global Markets Mixed as Focus Shifts to Inflation Data

    India’s Economic Growth Unexpectedly Picks Up Speed

    US Ends Tariff Exemption for Small Packages, Upending Global E-Commerce

    When Mailing a Letter to the U.S. Becomes a Global Headache

    A Guide to Shopping Online After De Minimis Tariff Rule Ends

    Higher Prices Are Coming for Household Staples

    Trump Leans on National Security to Justify Next Wave of Tariffs

    Congress Must Erect a Barrier Between the FTC and Foreign Antitrust

    Trump’s Attacks Risk Wrecking the Fed’s Hard-Won Credibility

    Bond Market’s Inflation Gauge Touches Six-Month High on Fed Risk

    Bond Market ‘Fragility’ Showcases Danger of Hope as a Tactic

    Can America Get Americans to Buy Its Bonds?

    Inside European Banks’ Stellar Run: Towards or Beyond the Sweet Spot?

    In Hong Kong, Eric Trump Lauds Growing Influence of Crypto

    China’s Big Banks Warn of More Margin Pressure in the Second Half

    Citi Asks Two Japan Bankers to Rethink Leaving in Talent War

    New York Needs More Millionaires, Fiscal Watchdog Says

    US Military, Government Skip Asia Security Forum for First Time

    Troops Shouldn’t Be Fighting America’s Culture Wars

    Trump’s Immigration Policies Threaten U.S. Cities and U.S. Growth

    What’s Next, Comrade Trump?

    Mike Gallagher Owes Us Peace, Not Lucrative Anti-China Rhetoric

    The Maryland Governor Has Suddenly Joined the ‘Resistance’

    New York Pipelines Back From Dead Signal Gas Revival Under Trump

    Offshore Wind Is Running Into Trouble Everywhere Except China

    China Is Running the World’s Most Powerful Floating Wind Turbine

    BYD Profit Jumps as Aggressive Overseas Push Bolsters Sales

    Cadillac Is a Luxury E.V. Giant. Can It Keep It Up Under Trump?

    Nuance in Nvidia’s Results Sparks Great Frustration

    How the TSA Is Set to Change Your Walk Through Airport Security

    Lululemon Founder Sells $160 Million of Stock in Amer Sports

    ‘The Wizard of Oz’ Is Getting an A.I. Glow-Up. Cue the Pitchforks.

    Be sure to follow me on Twitter.

  • Morning News: August 28, 2025
    Posted by Eddy Elfenbein on August 28th, 2025 at 7:05 am

    Navarro Calls Ukraine ‘Modi’s War’ Over Russian Oil Buying

    Bitten by Trump’s Tariffs, China and India Look to Repair Ties

    Mexico to Raise Tariffs on Imports From China After US Push

    Eurozone’s Economic Outlook Worsens Amid U.S. Tariffs, Domestic Pressures

    The Path Forward From Tariff Uncertainty That Saps Ingenuity

    Bank of Korea Stands Pat for Second Time; Lifts Growth Forecast

    Bond Market Bonanza Leaves Investors With Razor-Thin Safety Net

    Erosion of Fed Independence Would Lead to Higher Inflation, ECB’s Rehn Says

    Why the Market Doesn’t Care Much About Trump Firing the Fed’s Cook

    How Trump Could Gain Control of the Fed

    The Fate of the Fed May Turn on Two Words: ‘For Cause’

    Dudley: One Way the Fed Can Bolster Its Defenses

    Your Mortgage Data Is Probably Public. Can You Hide it?

    Can a Person Ever Legally Have Mortgages for More Than One Primary Residence?

    Community Banks Don’t Need Regulatory Favoritism, They Need Relief

    Buffett Lifts Stakes in Japan Trading Houses, Buoys Shares

    Not Even Buffett’s Confidence Buy Can Spur a Housing Recovery

    Trump Administration Ousts CDC Director After Vaccine Clash

    Medicare Will Require Prior Approval for Certain Procedures

    The Chinese City Punching Above Its Weight in AI and Robots

    Nvidia Forecasts Decelerating Growth After Two-Year AI Boom

    Is the White House Standing Between Nvidia and $50 Billion?

    Americans Are Fixers. Their Troops Should Be Too

    India’s Race to Deliver Everything, Instantly

    Billionaire Gangwal Raises $501 Million in Downsized IndiGo Sale

    Tesla’s German Car Factory Looks Vulnerable as Sales Keeps Sliding

    Union Leads in Vote at Ford Battery Plant

    Nothing Could Topple the ‘Queen of Heels.’ Then Trump Came Along.

    Dick’s Sporting Goods Lifts Outlook as Sales Climb

    After Cracker Barrel Uproar, Activist Investor Seizes the Moment

    Be sure to follow me on Twitter.

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  • Eddy ElfenbeinEddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His Buy List has beaten the S&P 500 over the last 20 years. (more)

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