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6 Safe Bond Funds For The Unwinding Of The Global ‘Long U.S.’ Trade [Forbes]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
From March 2009 to early 2025, the S&P 500 soared by 600%—that's seven times! Why would anyone own anything else when SPDR S&P 500 ETF Trust (SPY) was sizzling? But bulls don't run forever. Last summer, we contrarians discussed a potential inflection point for SPY —the likelihood that the index's best gains were behind it. And here we are. A global trade war has triggered a flight from SPY. The U.S. has increased its average tariff rate to 22%, the highest since 1910. The S&P 500 sits 16% below its highs from earlier this year and the dollar's shed 10% from its recent peak—a crazy big move in a short amount of time for a currency. Meanwhile, Fed Chair Jay Powell watches with detachment, to say the least. Last week he disappointed investors when he took the beloved “ Fed put ”—the implicit rescue by lower interest rates that investors have counted on since 1987—off the table. MORE FOR YOU DOGE-Trolling Ransomware Hackers Demand $1 Trillion Google Starts Scanning Your Pho
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