MARKET RECAP

Yesterday: Stocks climbed to record highs as tech and consumer discretionary sectors led gains, while South Korea's brief martial law declaration added global intrigue. Bond yields rose as markets adjusted to a slower pace of Fed rate cuts.

On Our Radar: Following the release of the ADP employment report, investors will zero in on Fed Chair Jerome Powell’s comments later this afternoon. Drone weapons manufacturer AeroVironment will release earnings after the closing bell.

TOP STORY

Trump's Tariff Plan Risks Economic Pain For North America, Goldman Sachs Warns

President-elect Trump's 25% tariff proposal on Canada and Mexico raised alarms, with Goldman Sachs warning of GDP hits up to 4% for America’s neighbors and 0.4% for the U.S. Inflation risks are rising, and trade uncertainty is already delaying corporate expansion plans.

Here’s how these tariffs could disrupt North American markets — and why it’s critical to watch their impact on your investments.

SPONSORED CONTENT

Chanson In Expansion Mode From Stores To Coffee

Chanson International Holdings (NASDAQ: CHSN) is ending the year in growth mode. 

Take its store expansion. Chanson recently announced it expects to end 2024 with 60 stores, up from 49 and surpassing its goal when it went public in April 2023 of opening three to five stores annually. Chanson CEO Gang Li, says the expansion strategy in place at the company enables it to respond quickly to customer demand, including opening new stores. 

Then there are Chanson’s efforts to expand its coffee brand Soul ● Song, through a franchise operation model in Yili, Xinjiang, China. To meet that end, Chanson inked a deal with Xinjiang Hengtai Investment Co., Ltd. to expand the brand in a region home to more than 25 million people. This past summer, it opened one store, which it said was a succes,s and now plans to Chanson plans to open five additional Soul ● Song cafés under the franchise model by 2025. To learn more about the progress Chanson is making growing and expanding its bakeries and coffee brand, click here.

This is a paid ad. Please see 17b disclosure here for more information.

FIVE ZINGERS

Cautious Trek: Federal Reserve Governor Adriana Kugler remarked that inflation may be on a “sustainable path” but cautioned against complacency. Read why a key political talking point may impact economic growth.

Korean Drama: South Korea-focused ETFs encountered volatility following President Yoon Suk Yeol’s quick reversal of a martial law declaration. Here’s what policymakers are doing to address the dynamic situation.

Cutting Above: Since the election, U.S. equities have significantly outperformed their international rivals amid rising dollar strength. Discover why an “American exceptionalism” catalyst could continue fueling the rally.

Fake News: Meta Platforms took the spotlight recently, acknowledging the challenges stemming from political misinformation. Here are the steps the social media giant is taking to allow information flow while mitigating policy violations.

Crash Landing: One of the hottest stocks this year, lunar operations specialist Intuitive Machines suffered a sizable drop in value on Tuesday. Learn why investors suddenly turned sour on an otherwise compelling narrative.

SPECIAL OFFER

Under the Radar: Silent Giants Beyond Wall Street

As we head into the New Year, it’s customary to look ahead and make all sorts of confident predictions about how the stock market will do, how the economy will fare, and exactly what investors should do.

Tim Melvin cannot imagine a greater waste of my time or yours.

Especially this year.

We have a new administration coming to Washington, and none of them has any idea how their proposals made on the election trail will play out, Tim says.

He lays it all out in yesterday’s Benzinga Edge-exclusive Under the Radar report. Click here to get a sneak peek.

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