All articles tagged with #trade tension
Nintendo is raising prices for many of its products in Canada, including various Switch models and accessories, due to market conditions influenced by US-Canada trade tensions and tariffs, while the Nintendo Switch 2 remains at current prices. This follows global trends of increased console prices from Microsoft and Sony amid ongoing trade disputes.
Hedge-fund manager Doug Kass predicts that the S&P 500 will drop below 4,100 and the Nasdaq may decline by as much as 20%, with Apple suffering a large percentage loss due to trade tension with China. Kass also expects oil prices to surge, benefiting companies like Exxon Mobil, Occidental Petroleum, and Chevron. He believes banks will struggle, private equity will face challenges, and Jamie Dimon will leave JPMorgan Chase. Kass includes additional predictions such as Tiger Woods winning a major title and Goldman chief David Solomon resigning.