No Data
Earnings Preview: CRMT to Report Financial Results Pre-market on March 06
America's Car-Mart (CRMT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Returns On Capital Signal Tricky Times Ahead For America's Car-Mart (NASDAQ:CRMT)
Should You Hold America's Car Mart (CRMT)?
External headlines: Powell reiterated to Congress that the Federal Reserve is not in a hurry to lower interest rates. Intel surged, and the Ford CEO stated that the USA's tariff policy has caused "chaos" in the Autos industry.
The main headlines that Global financial media focused on last night and this morning include: Powell reiterated to Congress that the Federal Reserve is not in a hurry to lower interest rates and that inflation expectations remain quite stable. Federal Reserve Chairman Powell stated that the central bank does not need to rush to adjust interest rates, further implying that officials will remain patient regarding interest rate cuts. During his testimony before the Senate Banking Committee on Tuesday, Powell said, "Given that our policy stance is significantly less restrictive than before and the economy remains strong, we do not need to rush to adjust our policy stance." He added, "We know that weakening policy restrictions too quickly or too much could hinder progress in combating inflation."
Ford's CEO stated that Trump's tariff policy has caused "chaos" in the Auto Industry.
Ford Motor Company CEO Jim Farley stated on Tuesday that Trump's tariffs—whether already implemented or just threatened—have caused "chaos" in America's Car-Mart. The CEO of the second-largest auto manufacturer in America mentioned that imposing a 25% tariff on imported Steel and Aluminum, along with threatening to impose the same 25% tariff on imports from Mexico and Canada, will "increase costs significantly and create great chaos" in the auto industry. Farley remarked at the Wolfe Research investment conference on Tuesday: "This is what we are currently dealing with."
Shareholders Can't Ignore US$8.3m Of Sales By America's Car-Mart Insiders
Unlock the Full List
