The U.S. stock market needs Magnificent Seven leadership Published by Hilliard MacBeth on May 16, 2025 A group of seven leading companies — the Magnificent Seven known as Mag 7 — which has led the U.S. stock market for several years was lagging the market by a large margin in 2025, until the recently announced 90-day partial reprieve on tariffs on Chinese... Read more
Guest post - Warren Buffett announces his retirement Published by Fraser Betkowski on May 09, 2025 On Saturday, May 3 at a meeting with Berkshire Hathaway shareholders, Warren Buffett shocked the investing world in announcing his retirement as Chief Executive Officer at the end of 2025. Buffett will stay on as Chairman of the board and his replacement... Read more
Mark Carney faces his biggest challenge Published by Hilliard MacBeth on May 02, 2025 Prime Minister Mark Carney will meet President Donald Trump soon to try to convince him to amend or remove the punishing tariffs that he has imposed on Canada. Will Mark Carney succeed in building a mutually beneficial relationship between these two close... Read more
The next U.S. recession will hit the stock market hard Published by Hilliard MacBeth on Apr 25, 2025 A recession in the U.S. is coming soon, if it has not started already. Uncertainty over the impact of higher tariffs is causing business leaders to hesitate, triggering an investment pause. Consumers are on hold with their spending plans. Government spending... Read more
Trump calls for the termination of Jerome Powell the Federal Reserve chair Published by Hilliard MacBeth on Apr 18, 2025 President Donald Trump called for the removal (termination) of the Federal Reserve chair, Jerome Powell, over frustration that the Fed has not cut interest rates recently. Is there a risk associated with threatening the chair of the Federal Reserve? On... Read more
White house trade and tariff advisor Navarro could become a scapegoat Published by Hilliard MacBeth on Apr 11, 2025 Dr. Peter Navarro is the Harvard-educated PhD economist behind President Trump’s radical reciprocal tariff plan. Navarro pushed Trump to impose higher tariffs on almost every country, including an island that is inhabited only by penguins. But signs of... Read more
The Mar-a-Lago Accord initiative is already in trouble Published by Hilliard MacBeth on Apr 04, 2025 The announcement this week of substantial additional tariffs on imports into the U.S. surprised stock markets. Wall Street wizards were caught off-base because they were expecting a more gentle and nuanced approach. Could Trump’s tariff war produce good... Read more
Trump tariff war risks causing a recession Published by Hilliard MacBeth on Mar 28, 2025 President Donald J. Trump surprised the world again Wednesday with new tariffs on automobiles and auto parts. This appears to be in addition to tariffs announced previously and shocked automakers like GM and Ford who make a significant number of vehicles... Read more
Chinese automaker BYD is taking over Tesla Published by Hilliard MacBeth on Mar 21, 2025 Chinese automaker BYD is flooding the world outside of North America with new, inexpensive models both hybrid and all-electric. And the latest announcement from BYD of an all-electric vehicle that can add 400 kilometers of range in five minutes is sending... Read more
Interest rate cuts won't be enough to save the Canadian economy Published by Hilliard MacBeth on Mar 14, 2025 Canadian central bankers cut their official rate by ¼ of a percent on Wednesday this week. But that won’t be enough to boost the economy in the face of higher tariffs and repeated threats from the U.S. President. How bad will the downturn get? Tiff Macklem... Read more