What to Watch For This Earnings Season As Trump's Tariffs Come Into Play - WSJ's Take On the Week
On WSJ's Take On the Week, co-host Telis Demos and guest co-host Miriam Gottfried get right into President Trump's unveiling of his latest tariff policies. Then, they discuss the upcoming first quarter earnings results season. They talk about why they're curious regarding what Delta Air Lines and used-car retailer CarMax have to say when the companies report earnings later this coming week.
Later on the show, Telis and Miriam dive deeper into corporate earnings season with Christine Short, head of research of Wall Street Horizon, which is part of the financial services company TMX Group. They talk about what Trump's trade war means for automotive companies, including General Motors and Ford, and what forward-looking guidance from companies like Dollar Tree, Southwest Airlines, Walmart and others could offer as a clue into how the corporate world is dealing with tariffs.
This is WSJ's Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street's banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead.
Have an idea for a future guest or episode? How can we better help you take on the week? We'd love to hear from you. Email the show at takeontheweek@wsj.com.
To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com.
Further Reading
To read more from our co-hosts, catch up on Wall Street Facing Toughest Test in Years and Banks Don't Pay Tariffs, but Tariffs Will Cost Them.
What to Know About Trump's Latest Tariffs
A Market-Rattling Attempt to Make the American Economy Trump Always Wanted
For more coverage of the markets and your investments, head to WSJ.com, WSJ's Heard on The Street Column, and WSJ's Live Markets blog.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 minutes ago
- Yahoo
Jim Cramer Says Reports Of Apple Inc. (AAPL)'s 'Death' Are Overblown
We recently published . Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently discussed. Giuseppe Costantino/ Apple Inc. (NASDAQ:AAPL)'s shares have reversed tack recently as the firm appears to have smoothed over its friction with the Trump administration. The firm announced a $100 billion additional investment in the US earlier this month, and the shares have gained 13.8% since then. Cramer discussed Apple Inc. (NASDAQ:AAPL)'s shares adding 30 dollars to their value in ten days: 'Well we've got a lot of exciting things that people are talking about. About the release perhaps of new AI powered products. Uh, smart home push, including robots. Life like version of Siri, well that would certainly be helpful. Smart speaker with display and home security camera. I don't know, home security is something that people want but the main thing here is that if we get robots and they're not from Musk, they're from Apple, I think we'd be very interested in that. While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Los Angeles Times
5 minutes ago
- Los Angeles Times
Pacific Retail Capital Partners, Lyon Living and Silverpeak Announce Acquisition and Redevelopment of Lakewood Center
Venture to Transform Southern California Property into a Vibrant Mixed-Use Destination Pacific Retail Capital Partners (PRCP), Lyon Living and Silverpeak have announced the acquisition of the two-million-square-foot Lakewood Center. This joint venture unites three industry leaders in retail, residential and investment expertise to reposition the iconic property into an innovative, mixed-use community hub. Located in the heart of Lakewood – a diverse, family-oriented community – the center will be reimagined through the development of a comprehensive master plan, transforming the property into a walkable destination that blends legacy retail with new residential, wellness, entertainment and green spaces. 'Lakewood Center is more than a shopping destination. It's a landmark of postwar American development, a cornerstone of the Lakewood community and a symbol of how retail can evolve alongside the people it serves,' said Steve Plenge, CEO of Pacific Retail Capital Partners. 'Since opening in 1950, the property has adapted to the cultural, economic and demographic shifts of Southeast Los Angeles, emerging as one of the most highly trafficked malls in the country and consistently generating over $1 billion in annual sales. Its legacy is woven into the daily lives of generations of families, workers and entrepreneurs. As we look ahead, our vision is to honor that heritage while transforming Lakewood Center into a next-generation mixed-use destination, one that meets the needs of a thriving, diverse community and continues to anchor regional vitality for decades to come.' The partners will be commencing the master planning process and will prioritize collaboration with local stakeholders and city officials to ensure the project reflects community values and aspirations. Known for its expertise in creating vibrant living environments, Lyon Living will lead the integration of modern residential and lifestyle components into the redevelopment. 'We're excited to join PRCP and Silverpeak in delivering a destination that will thrive in Lakewood for generations to come,' said Frank T. Suryan Jr., chairman & CEO of Lyon Living. Silverpeak, a leading real estate investment firm, will provide strategic vision and capital to ensure the project's long-term success. At nearly 150 acres, Lakewood Center is the second-largest, single-level enclosed mall in Los Angeles County. It draws over 22 million annual visitors, ranking third in California and sixth nationwide for traffic. Anchored by retailers including Costco, Target, Macy's and Best Buy, the center serves as the region's leading sales tax generator and a major local employer. 'The Lakewood Center has been at the heart of our community since before the city's incorporation in 1954, and the City and the Center have both evolved and weathered the many twists and turns of time together,' read a statement from the city of Lakewood. 'As we work with the new owners on a master planning process for the Center, this is undeniably an exciting new chapter in Lakewood history. We have great confidence the partners will re-establish Lakewood Center as a cornerstone of retail, dining and community connections and look forward to fresh ideas and amenities that will serve residents and visitors for generations to come.' The redevelopment will introduce elevated retail and dining, integrated residential living, wellness amenities, dynamic green spaces and unique entertainment – all thoughtfully woven into a pedestrian-friendly environment. Further details on the Lakewood Center master plan, including timeline and design features, will be shared as development progresses. Information sourced from Businesswire. To learn more, contact prcp@
Boston Globe
5 minutes ago
- Boston Globe
Trump calls on Federal Reserve official to resign after ally accuses her of mortgage fraud
Pulte also charged in his letter that Cook has listed her condo in Atlanta, Georgia, for rent. Mortgages for homes used as principal residences typically carry lower interest rates than properties that are purchased to rent, Pulte's letter said. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up The allegation represents another front in the Trump administration's attack on the Fed, which has yet to cut its key interest rate as Trump has demanded. If Cook were to step down, then the White House could nominate a replacement. And Trump has said he would only appoint people who would support lower rates. Advertisement The more members of the Fed's governing board that Trump can appoint, the more control he will be able to assert over the Fed, which has long been considered independent from day-to-day politics. Trump will be able to replace Chair Jerome Powell in May 2026, when Powell's term expires. Yet 12 members of the Fed's interest-rate setting committee have a vote on whether to raise or lower interest rates, so even replacing the Chair doesn't guarantee that Fed policy will shift the way Trump wants. Advertisement All seven members of the Fed's governing board, however, are able to vote on rate decisions. The other five voters include the president of the Fed's New York branch and a rotating group of four of the presidents of the Fed's other 11 regional branches. Trump appointed two members of the Fed's board in his first term, Christopher Waller and Michelle Bowman. Both dissented July 30 from the central bank's decision to keep its rate unchanged in favor of a rate cut. Another Fed governor, Adriana Kugler, stepped down unexpectedly Aug. 1, and Trump has appointed one of his economic advisers, Stephen Miran, to fill out the remainder of her term until January. If Trump is able to replace Cook, the first Black woman to serve on the Fed's board, as well as Kugler and Powell, that would give him a clear majority on the board of governors. Powell, however, could stay on the board after finishing his term as chair next May. The Federal Reserve declined to comment on the accusation. Trump has for months demanded that the Federal Reserve reduce the short-term interest rate it controls, which currently stands at about 4.3%. He has also repeatedly insulted Powell, who has said that the Fed would like to see more evidence of how the economy evolves in response to Trump's sweeping tariffs before making any moves. Powell has also said the duties threaten to raise inflation and slow growth. Advertisement Trump says that a lower rate would reduce the government's borrowing costs on $37 trillion in debt and boost the housing market by reducing mortgage rates. Yet mortgage borrowing costs do not always follow the Fed's rate decisions. The Trump administration has made similar claims of mortgage fraud against Democrats that Trump has attacked, including California Sen. Adam Schiff and New York Attorney General Letitia James.
