Joseph Wang of Monetary Macro argues that Trump’s tariff policy could be bad for stocks. This argument is common enough, but is generally framed in terms of economic friction. Wang says it is more a ...
Perhaps most importantly, Trump's economic world view is hostile to the very globalization process which has lifted the profitability and valuations of US corporations to historically high levels.
The consensus view seems to have become more pessimistic on Janus International Group, noting the substantial drop in revenue estimates in this update. Notably, the analysts have cut their price ...
Fibre cement maker James Hardie Industries posted a 12% fall in its second-quarter profit on Wednesday, due to lower sales in the North American operations, its largest profit generating wing.