Igor Kuchma

What economists have been warning for months is starting to materialize: the New York Fed reported a jump in inflation expectations for next year, from 3.1% to 3.6%. Meanwhile, data from the University of Michigan shows an even bigger increase: expectations for next year have risen from 5.0% last month to 6.7% today. This is […]

Not even a full week had passed since the so-called “Liberation Day” when Donald Trump hit pause, delaying tariffs for 90 days on countries that chose to negotiate rather than strike back. Just on Monday, Trump brushed off all the rumors about this move, but they turned out to be true, pushing the S&P 500 […]

This Friday marks the start of the new earnings season, with the banks kicking things off, as usual. But investors have their minds on something entirely different: the unfolding drama of trade wars. Most economists seem to agree that if the situation plays out poorly, meaning the measures announced on April 2 aren’t rolled back, […]

The days when markets kept rising despite negative news are over — dips are no longer getting bought up, and instead of raising their S&P 500 forecasts, major banks are revising them downward. Goldman Sachs, for example, now expects the index to reach 5,700 by the end of 2025, down from its previous target of […]

After weeks of pain, the S&P 500, Nasdaq, and Dow Jones finally closed in the green. Not even the $4.7 trillion in quarterly futures and options expiring Friday, known as the “quadruple witching,” could shake investors’ optimism. But does this mean the sell-off is over and a rally is beginning? As much as the bulls […]

It was another week of uncertainty for the S&P 500 and Nasdaq, although it ended on a positive note. On the evening of March 15, the U.S. Senate passed the short-term spending plan (through September 30, 2025) proposed by the Republicans, thus avoiding a government shutdown. What’s becoming concerning is that the overall outlook for […]

For the past month and a half, the answer to this question has been pretty much the same: investors are very attentive to Donald Trump’s statements, which have not exactly been reassuring, at least for the bulls. The biggest concern centers on trade wars, with new tariffs set for April 2. This uncertainty will likely […]

Markets crave stability and predictability. Lately (since Trump’s re-election), however, that has been in short supply. From the president’s renewed threats to impose tariffs on Canada, Mexico, China, and Europe to the rapid deterioration of U.S.-Ukraine relations, uncertainty is the only constant. Adding to the turbulence are two former U.S. stock market powerhouses, Nvidia and...

Over the past five trading sessions, the S&P 500 index has fallen nearly 2.3%, despite what appears to be a thaw in U.S.-Russia relations and some optimism that the conflict in Ukraine could soon be resolved. What worries investors? The main concern is Trump and, more specifically, his policies. The expulsion of illegal immigrants and […]

Last week, while much of the market was worried about the potential impact of AI disruptor DeepSeek’s entrance on the scene, investors and analysts were also debating whether Trump was bluffing with the new tariffs. Many hoped he was, but that hope didn’t pan out. On Saturday, February 1, the U.S. president officially signed an […]