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Buyers at the grand opening of the wegmans supermarket on February 26, 2025 to Lek -Grov, New York, USA
Howard Schnap | Newsday | Gets the image
Wall -Story says that I never relate to the US consumer, it is still fair to a certain extent. In February, retail sales, though lower than expected, still registered an increase. For skeptics, it looks like desperately on the silver lining. It can be. But dark clouds in the form of tariffs for US President Donald Trump are more ominous than usual.
In the end, tariffs are a tax on imported goods that will probably be transferred to the consumer. This weighed on the mood of consumers, which are measured by surveys like the University of Michigan. Even the director of the US National Economic Council Kevin Joset acknowledged that Trump’s tariffs would lead to a certain uncertainty.
Because of this, the organization for economic cooperation and development has already reduced the growth forecast. While Trump’s administration is sure that the stocks are based on their basis, strategists can also start reviewing the market forecast if the forecast does not clear.
Second triumphant session for American markets
US markets grew on Monday. A S&P 500 rose by 0.64%, Dow Jones Industrial Medium was above 0.85% and Nasdaq Composite Extended 0.31%. It was the second consecutive session for all three indexes. Regional Europe STOXX 600 added index 0.79%. Qientiq’s stock shed almost 21%, plunging into the bottom Stoxx 600After the British defense firm down the revised His income forecast for the year.
OECD is revising growth outlook down
The organization on economic cooperation and development of the forecast of global growth of gross domestic product this year reached 3.1%, which compared to 3.3% in December. It too Revised your assessment for US GDP extension up to 2.2% in 2025 with 2.4%. “Higher trade barriers in several G20 economies and increasing geopolitical and political uncertainty” weigh the sentiment, OECD reports on Monday.
US consumers spend more
In February, retailers have grown by 0.2%There is not enough Dow Jones estimates by 0.6%, reports an advanced reading on Monday from the commercial department. Taking into account this, the figure is better than the 1.2% decrease in January – which was sharply revised down from the original estimate of 0.9%.
Confidence in the tariff uncertainty
US National Economic Council Director Kevin Hasset has acknowledged that there would be more uncertainty about the tariffs before everything is settled. “Between and 2 April, will be some uncertainty“Hassett said CNBC, citing the date when Trump said he would announce” mutual “tariff plans”. But, as April comes, the markets will see that mutual trade policy makes a lot of meaning, “Joset added.
Iran, responsible for huti attacks: Trump
Oil prices rose on Monday Following US President Donald Trump – Note On its social media platform, the truth is social that the US will consider any attack by the Yemen Group Houthis, “like a shot, shooting with weapons and leadership of Iran.” US Futers Futers He grew by 40 cents, or 0.6%, closing at $ 67.58 a barrel. Global benchmark Brent He scored 49 cents, or 0.69%, at a $ 71.07 resolution per barrel.
(Pro) “uncomfortable” point section: Goldman
At the end of the Federal Open Market Committee on Wednesday, Fed members will release an updated “point section”, a schedule showing the interest rate forecasts over the next few years. Therefore The point plot may be “clumsy“According to Goldman Sachs analysts.
Google Deepmind co -founder and Chief Executive Director Demis Hasabis appears during the Mobile World Congress, the largest annual telecommunications collection in Barcelona, Spain, February 26, 2024.
Barrena Pau | AFP | Gets the image
AI who can fit people on any task will be here five -10 years old, says Google Deepmind CEO
Speaking at a briefing at Deepmind London offices on Monday, Demis Hasabis, CEO of Google Deepmind, said he believes that in the next five or 10 years he would be as reasonable or smarter than people.
Hasabis’s forecast for reaching AGA is conservative compared to some of the peers. Dario Amodei, CEO of AI Anthropic Anthropic, told CNBC at the World Economic Forum in Switzerland in Davos, in January that he sees the form II, which is “better than almost all people” that arise in “The next two years”.
Other technological leaders see that AGA is coming earlier. Cisco Jeetu Patel Products CEO believes that we will be able to see an example that will appear this year.