American investors fret about the stock market

Wall Street quiet ahead of big tech earnings
“US indices have entered a period of quiet trading as we await the latest batch of earnings from tech companies. But bearishness among individual investors has reached levels not seen in fourteen years, according to today’s Conference Board data. Almost half those surveyed expect stocks to go down over the next 12 months. Historically, such overwhelming caution is a great sign that a rebound is on the cards, though investors can be forgiven their cautiousness after the madness of the last month.”

White House takes aim at Amazon
“Amazon’s decision to display the cost of tariffs puts it on a collision course with the Trump administration. Other companies have taken quieter routes to make their case to the president, but it is clear that Bezos plans a more obvious approach. The gap between US companies and their government continues to grow, providing global investors with yet another reason to stay cautious on US assets.”