Netflix, Disney, and other entertainment companies saw their stock prices tumble Monday morning, following President Donald Trump’s latest tariff pronouncement. Trump has floated a 100 percent tariff on foreign-produced movies, which could mean a major shift in how studios do business. As of around 10 a.m. ET, Netflix was down about 2 percent. Disney had … Read more
President Donald Trump’s tariffs are hitting tech companies hard, or at least they are in this one specific case. Wyze, a company that specializes in security equipment like cameras, took to X on Wednesday to share an example of what tech companies are going through right now. According to Wyze, one shipment of floodlights accrued … Read more
In an increasingly volatile and uncertain financial world where the investment landscape has been exposed to unpredictable shocks, pension funds have been among the most affected by equity market declines and this is expected to further heighten the desire to diversify their asset portfolios.Stock market indices across major economies have fallen in the wake of … Read more
Chief Economist and Data Scientist, Dr. Michel Léonard Recent tariffs issued by U.S. President Donald Trump are on track to increase the price of parts and materials used in repairing and restoring property after an insurable event. Analysts and economists, predict these price hikes will lead to higher claim payouts for P&C insurers and, ultimately, … Read more
Donald Trump signalled that smartphones and other consumer electronics imported to the US from China would face tariffs, dealing a blow to hopes of a reprieve for Big Tech companies such as Apple, Nvidia and Microsoft. “NOBODY is getting “off the hook” for the unfair Trade Balances, and Non Monetary Tariff Barriers, that other Countries … Read more