Invesco Ltd is a global investment management firm that specializes in providing a wide range of investment solutions and services to institutional and retail clients. The company offers various products, including mutual funds, exchange-traded funds (ETFs), and private investment portfolios, designed to meet the diverse needs of investors. Invesco's investment strategies span multiple asset classes, including equities, fixed income, real estate, and alternative investments, and they emphasize a client-centered approach focused on delivering long-term financial results. Additionally, the firm is committed to responsible investment practices and incorporates environmental, social, and governance (ESG) factors into its investment decisions, aiming to create sustainable value for its clients and the broader community. Read More
The S&P 500 Index hit new intraday (6,304.69) and closing highs (6,297.36), while the Nasdaq Composite ended at a fresh peak for a fourth straight session.
Waller predicts that PCE inflation will rise by three-tenths of a percent to 1% in 2025, assuming a permanent increase in import tariffs of approximately 10% but expects the impact to fade away soon.
The Nasdaq Composite extended its record-setting streak to three straight sessions, while the broader S&P 500 Index closed within 20 points of a record high.
For investors seeking momentum, Invesco QQQ Trust is probably on the radar. The fund just hit a 52-week high and has moved up 38% from its 52-week low price of $402.39 per share.
According to a report by Bloomberg, which cited people familiar with the matter, President Trump has toned down his confrontation with China compared to his presidential campaign, as he seeks to achieve quick wins.
The Fed Governor also stated that while easier banking rules help drive risk-taking during economic booms, they also exacerbate weaknesses, and a subsequent downturn makes the situation more painful.
Putin will reportedly not stop the war under pressure from President Donald Trump and believes Russia can endure further economic hardship, including threatened U.S. tariffs targeting buyers of Russian oil, unless his terms for peace are met.
Over the weekend, Trump sharpened his attacks on Powell, after a spate of name-calling and public expression of his desire for the Fed Chair to resign.
Sefcovic expressed hope that there is still potential to keep the negotiations going, but warned that President Trump’s tariff letter has “triggered very strong waves in Europe.”
During the meeting with NATO Secretary General Mark Rutte, President Trump explained that while the U.S. would be manufacturing the weapons, NATO would be paying for them.
