Analyst: As Long as Trump's Tariff Decision Doesn't Crash the Market, It's Just a Minor Byproduct
According to a report by Jinse Finance, Adam Sarhan, CEO of 50 PARK INVESTMENT, commented on the temporary reinstatement of Trump's tariffs: Although this news is currently making headlines, it is even just a minor issue. Investors are looking ahead. Given that Trump has already removed most of the tariffs, these court rulings can only be seen as news. Trump may have been ready to appeal before the rulings came out. In my view, as long as the market doesn't crash due to the news, the rulings are just a minor byproduct.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
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