The conundrum of the stock market going down ahead of Jackson Hole confounded me. With a market that had been headed down every day, except for deep cyclicals and housing-related stocks, the setup seemed extreme. By the end of the week, the bet was one way: Federal Reserve Chairman Jerome Powell , perhaps because he…
A shopper looks at chairs for sale at an At Home store in Queens, New York City, U.S., July 15, 2025. Kylie Cooper | Reuters The Trump administration has launched an investigation into imported furniture, President Donald Trump said Friday, setting the stage for new tariffs on a wide range of products. “Within the next…
CNBC’s Jim Cramer on Wednesday discussed a couple broad ideas that he thinks are driving market action, saying it’s important to understand trends and impactful current events. “You know why I first got into this whacky business? Stories, stories that’s why,” Cramer said. “Tremendous, intriguing stories, tales that could explain what’s going to happen —…
