The year 2025 could be one of the busiest years for bond vigilantes in decades - since the beginning of the year, investors have already dictated their will to politicians in the US, UK and Japan several times. Have these "guardians" of the market become stronger, or do they have more reasons to fear?

On a short leash: How "bond vigilantes" impose their will on politicians

Intel Corporation

Deckers Outdoor Corporation

Newmont Corporation

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: news background balances quotations


For the past five years, the EU has been trying to establish relations with both the United States and China. Both attempts have failed.

Between Two Fires: How the EU was drawn into conflict with both the US and China

Volkswagen AG

Bayerische Motoren Werke Aktiengesellschaft

Mercedes-Benz Group AG

Stellantis N.V.

Investors hope that now the EU can also negotiate with Trump on duty cuts

Shares of auto giants jump after US-Japan trade deal. Who's next?

Tesla, Inc.

Alphabet Inc.

SAP SE

Morning in New York: Nikkei sends a positive signal to investors in the US

Amazon.com, Inc.

Donald Trump has announced a "massive" deal with Japan that includes duties of 15% on US shipments. Amazon buys wearable device owner Bee AI, a generative AI wristband that can analyze conversations and generate tasks and reminders. In documents SpaceX appeared in the language about the possible return of Ilon Musk in politics - in the role of an advisor to Trump. About these and other topics - in our review of key events for the morning of July 23.

Highlights for this morning: agreement with Japan, Musk may return to the White House

General Motors Company

Trade barriers 'ate up' $1.1 billion in auto company profits in second quarter

GM profits plunge amid Trump's duties. Will it manage to soften the blow in the third quarter?

PepsiCo, Inc.

DeFi Development Corp.

Oil is getting cheaper: fears of a trade conflict between the US and the EU have heightened demand concerns, especially with threats of new duties and increased anti-Russian sanctions. PepsiCo announced the launch of prebiotic cola, betting on the fashion for functional drinks amid declining sales of traditional sodas. Altcoin Solana sharply rose in price after DeFi Development announced the purchase of almost one million of these tokens. About these and other topics - in our review of key events by the morning of July 22.

Highlights for this morning: oil falls, Trump Media goes into bitcoin, Pepsi bets on prebiotics

The S&amp;P 500 index remains at an all-time high despite risks from duties and overheated valuations. Investors so far ignore the threat of a trade war, believing that Donald Trump will not go for tough measures. Still, Wall Street analysts warn: even the duties already in place are starting to hit businesses, eroding profits and stoking inflation. Bloomberg economists forecast a slowdown in U.S. GDP growth, and some investment banks, including Morgan Stanley and UBS, believe the market is vulnerable to a 5-10 or even 20% correction.

"There's a balloon flying around Wall Street looking for a needle": why investors are wrong about duties


NVIDIA Corporation

Block, Inc.

Verizon Communications Inc.

Morning in New York: investors will refrain from sharp movements


Brussels had hoped to negotiate with Washington on a 10 percent base fee and some industry exemptions


Tariffs