Long-standing trade agreements have largely sheltered the pharmaceutical industry from tariffs but President Donald Trump’s goal of bringing manufacturing back to the United States has put the industry in the administration’s crosshairs. Trump first floated the idea of imposing tariffs of as much as 25% on imported pharmaceuticals in mid-February. …
Our president, Donald Trump , tells us that “what we are doing is big,” so there might be economic consequences to come that we don’t like. But he can’t change the plan, whatever the heck the plan is. Our Treasury secretary, Scott Bessent, comes on CNBC and tells us that …
A BNSF freight train with 76 container cars and FedEx freight trailers travels from Seattle to points east on August 23, 2021 in Livingston, Montana. (Photo by William Campbell/Getty Images) William Campbell | Getty Images News | Getty Images According to President Donald Trump, the sweeping U.S. tariffs on imports from Canada and Mexico are coming. The …
People love to talk about the straw that broke the camel’s back. I think an anvil broke the bull market’s back last week. A straw would never have done it because, until last week, I didn’t see a lot on the back of a bull that would cause a straw …
During the January Monthly Meeting on Thursday, I looked at catalysts in the year ahead for all 33 stocks in my Charitable Trust, the portfolio we use for the Club. These are specific long-term catalysts — say, six months to a year — that I expect to happen. If there …
Wall Street rediscovered its winning ways last week, thanks to some promising inflation data. Investors are now focusing on Donald Trump’s first week back in the White House and another bundle of earnings. It was no surprise to see relatively muted action last Monday and Tuesday, given markets were reeling …
Nothing like going to one of the largest research conferences in the world and having everyone down in the dumps about their sector. That was the case from the moment I got to JPMorgan’s annual health healthcare conference in San Francisco on Monday to the moment I wrapped up my …
Trends may be shifting in favor of biotech stocks in 2025 after several years of poor performance, but it would still be wise to place your bets carefully on some of the most innovative names. “We’re still optimistic on the outlook for biotech,” said Stacey Sears, senior vice president and …
Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C., on Oct. 6, 2022. Anna Moneymaker | Getty Images The Biden administration on Thursday released prices for the first 10 prescription drugs that were subject to landmark …
Pictured here is a McDonald’s store in Yichang, Hubei province, China, on July 30, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market. The Chinese economy — home to more than …
