Trump’s 2025 tariff plans could rewrite the rules of global trade And your wallet might feel it first. A 60% tariff on China, 25% on Mexico and Canada, and a 20% global import tax are all on the table. Here are the potential benefits and impacts:ImageTariffs are taxes on imported goods, making them more expensive. Trump’s proposed tariffs for 2025 could spark trade wars, disrupt supply chains, and impact consumer prices. These measures are intended to enhance U.S. manufacturing; however, they may involve significant trade-offs. Potential Wins for the U.S. Boosting Domestic Industry: Higher import costs could push consumers toward U.S.-made goods, benefiting local businesses and workers. Negotiating Leverage: Tariffs can pressure trade partners into better deals on currency policies, energy

Below is an analysis and perspective on U.S. equities from Tiger Brokers' analysts.For U.S. equities, with their high valuations, lofty expectations, and heightened uncertainties, what level of expected return could justify holding stocks?Historically, the S&P 500 has delivered an average annual return of about 7–8%, with a standard deviation of 15–20%. This implies a 41.6% probability of annual returns falling below 4.2% of $US12M(US12M.BOND)$. Given today’s high valuations and uncertainties, 2025 is unlikely to be an “average year.” Expected returns may fall short of 8%, accompanied by greater volatility.That said, this doesn’t mean there are no investment opportunities in U.S. equities this year. Here are two ideas:Buy on a Potential

Below is an analysis and perspective on U.S. Treasury bonds from Tiger Brokers' analysts.Short- and long-term U.S. Treasuries should be analyzed separately. Currently, the 1-year Treasury yield stands at 4.2%, offering a risk-free return. $US12M(US12M.BOND)$ For the short end, as shown in the chart below, the current expectation in the interest rate futures market is that the Federal Reserve will cut rates only 1.5 times throughout the year. Tiger analysts believe this expectation is overly hawkish, making a case for going long on short-term Treasuries. The base case Tiger analyst assumes three rate cuts. Since the likelihood of further rate hikes is minimal, the worst-case scenario would be no rate cuts. However, if the economy and inflatio

2025 is approaching, and major institutions have released their market outlooks and economic forecasts for the new year. In the analysis from Wells Fargo and Goldman Sachs, we see many trends and opportunities worth paying attention to. Here is a summary and reflection on these predictions, hoping to provide a reference for investors.Economic and Inflation Outlook: Recovery or Challenge?Wells Fargo anticipates that the US GDP growth rate will reach a median level of 2% in the spring of 2025, while Goldman Sachs is more optimistic, believing the growth rate could reach as high as 2.4%. Both mention that consumer spending and business investment will be the core drivers of economic growth, especially under the incentives of AI technology and the Inflation Reduction Act.At the same time, infl

This year's "Santa Claus rally" may arrive a little later than usual, but even so, it's better late than never.When will the Santa Claus rally arrive?Generally speaking, the "Santa Claus rally" refers to the last five trading days of the year and the first two trading days of the new year.This year, this period will start on December 26 (Thursday) and last until January 3, 2025.Ned Davis Research (NDR) strategists point out that the U.S. stock market tends to perform poorly before the "Santa Claus rally" officially begins.Although the U.S. stock market has shown some weakness before Christmas, historical data shows that even if the market doesn't start as expected, a strong rebound is still likely after the holiday.A 77% chance of rally after Christmas?According to data from Dow Jones

FundStrat head of research Tom Lee pictured in 2017. The closely followed strategist has predicted a divided year for the S&P 500 in 2025.PHOTO: CINDY ORD/GETTY IMAGES FOR YAHOOFundstrat’s Tom Lee is no longer one of Wall Street’s biggest bulls. Why he’s cautious on 2025.Fundstrat’s Tom Lee, who has earned respect on Wall Street for some accurate S&P 500 index calls, has also been one of the stock market’s biggest bulls in recent years.But after two years of back-to-back 20%-plus gains for the index: $.SPX(.SPX)$ , $iShares Russell 2000 ETF(IWM)$ $Financial Select Sector SPDR Fund(XLF)$ $Bitcoin(BTC.USD.CC)$