Feb 01, 2017 09:30 PM EST
The Trump administration is getting serious on its path to economic isolation and Wall Street has started to feel the intensity of President Donald Trump's Protective Policies when the Dow hit 20,000 since January 25. Just a few days with the new presidency, things are sinking in places.
With its second sequential three-digit descent, the Dow dropped to 107 points putting it on its third straight daily loss. Although, this is only a 1.4 percent decrease since last week with a total point drop of 270.
The President has shared his opinion against the "One-China" Policy and, upon his assumption in office, has broken ties with the Trans-Pacific Partnership.
Recently, Trump signed the Executive Order imposing a 90-day travel ban for seven major Muslim countries which has affected further trade relations.
Uncertainties are starting to grow among Wall Street strategists seeing the anti-foreigner rhetoric the President is imposing is a single key for foreign investment to go down.
Think Markets UK Chief market analyst Naeem Aslam said in a report that, "There are a number of questions on Donald Trump when it comes to handling issues of trade deals, immigration, protectionism and developing a sound foreign relationship." Investors are increasingly worried about the impending "Trade War" at stake if major changes in foreign policies result to US economic isolation.
Northern Trust Wealth Management Chief Investment officer Katie Nixon wrote. "Trump's pro-growth agenda has the ability to add momentum to the economy. Immigration and trade proposals may offset some of the benefits to tax reform."
"Border tax, significant limitations/constraints on trade and limits on immigration could also lead to a significant rise in inflation that could threaten the market rally," Nixon added. Questions are now rising how President Trump will be good for the stocks.
President Trump's approach to governing and his way with the global economy is different from previous US Presidents. Wall Street analysts and strategist will have to see the changing trend of the US economy.
Visa Inc and Mastercard Inc, the two biggest U.S. card networks, are preparing to raise certain fees levied on U.S. merchants for processing transactions from this April, the Wall Street Journal reported on Friday, citing people familiar with the matter.
People who travel for business two weeks or more a month report more symptoms of anxiety and depression and are more likely to smoke, be sedentary and report trouble sleeping than those who travel one to six nights a month, according to a latest study conducted by researchers at Columbia University's Mailman School of Public Health and City University of New York.
President Trump said Friday he is declaring a national emergency on the southern border, tapping into executive powers in a bid to divert billions toward construction of a wall even as he plans to sign a funding package that includes just $1.4 billion for border security.
Amazon's decision to abandon plans to build a new campus in Long Island City, Queens, has drawn cheers from several politicians, community organizers and other locals opposed to the expansion.
Whether the presence of a college or hospital increases a home's value has to do with the institution's size and the ZIP code's population, says a new study by computer scientists at the University of California, Riverside.
In recent decades, Europe has experienced a downward trend in the annual number of deaths. Not only was this trend not arrested by the economic recession that started in 2008, in fact, the rate of decline increased during the recession years.
Discovering that your new designer handbag or gold watch is a fake is costly and annoying, and counterfeit medical devices or drugs could have even more serious consequences. But seemingly as soon as manufacturers develop a new method to ensure product authenticity, counterfeiters find a way to outsmart it. Now, researchers have created an "unclonable" tag that can never be replicated, even by the manufacturer. They report their results in ACS Applied Materials & Interfaces.
The traditional model for setting auto insurance premiums has been to base rates on the motorist's driving history, age, gender and even marital status (in some states). Thanks to new technological options, insurance companies, and motorists have started to work together to give the insurance companies access to better data on an individual driver's risk level, and give the same driver a sense of greater control over how much he or she will pay in insurance premiums.
Consumer brands have long used old-fashioned focus groups, interviews and surveys to best gauge consumer wants, desires and needs as part of processes that range from product development, to marketing and sales. As machine learning and artificial intelligence (AI) have emerged, there is an increasing interest in the ability to harness these solutions to save time and money, and to yield more reliable consumer insights.