Maria Aspin
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Podcast Appearances
Investors expect good news overall.
Corporate profits have been beating expectations this year.
That's despite spikes of market chaos and ongoing uncertainty over how President Trump's tariffs are reshaping the global economy.
and raising prices for consumers.
The big banks in particular have a window into how consumers and businesses are spending money or cutting back.
That's especially important during the ongoing government shutdown when federal data about the jobs market and inflation is delayed.
Maria Aspin, NPR News, New York.
Any information that we give to the community, we want to be 100% spot on, so I will not speculate.
JPMorgan Chase and Goldman Sachs are among the big banks unveiling their quarterly report cards on Tuesday to kick off the latest round of financial updates from big companies.
Investors expect good news overall.
Corporate profits have been beating expectations this year.
That's despite spikes of market chaos and ongoing uncertainty over how President Trump's tariffs are reshaping the global economy.
and raising prices for consumers.
The big banks in particular have a window into how consumers and businesses are spending money, or cutting back.
That's especially important during the ongoing government shutdown, when federal data about the jobs market and inflation is delayed.
Maria Aspin, NPR News, New York.
Investors see gold as a safe haven, meaning that they buy it when they're worried about everything else.
This year, they're worried about how President Trump is reshaping trade and trying to influence the Federal Reserve, and how all of this could eventually damage the global economic power of the United States.
Wall Street seems to have mostly shrugged off these worries recently, sending stock markets to record highs.