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- Markets: Stocks slid lower today even as a preliminary survey revealed that consumer sentiment hit its highest point since February, while inflation expectations fell to pre-tariff levels. The selloff deepened on reports that President Trump wants 15% to 20% tariffs against the EU, though the NASDAQ managed to eke out a win.
- Crypto: Although bitcoin fell after the president signed the GENIUS Act into law, ether rose to its highest price in six months today, while enthusiasm for the new legislation pushed total crypto assets above $4 trillion.
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Filed under: "Ask-an-Advisor", CMP Program, finance, Financial Planning, Funding Basics, Investing, Portfolio Management | Tagged: Bitcoin, CMP, crypto, EU, genius, markets, NASDAQ, stocks, tariffs, Trump |
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