Fed Chair Powell Links Criminal Probe to Trump's Anger Over Interest Rates
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
- Investigation Context: Fed Chair Jerome Powell stated that the criminal probe into Trump is fundamentally linked to his anger over interest rates, which may exacerbate tensions between political and economic spheres.
- Market Reaction: As the investigation unfolds, companies like JPMorgan, Goldman Sachs, Taiwan Semiconductor, and Delta Airlines may face uncertainty, potentially impacting their stock prices and investor confidence.
- Policy Implications: Powell's remarks could influence the Fed's future interest rate decisions, particularly in balancing political pressure with economic data, which may lead to increased market volatility.
- Economic Outlook: Trump's anger may prompt further political intervention, affecting the stability of economic policies and consequently having a negative impact on the overall market environment.
Analyst Views on TSM
Wall Street analysts forecast TSM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSM is 348.25 USD with a low forecast of 290.00 USD and a high forecast of 400.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 318.010
Low
290.00
Averages
348.25
High
400.00
Current: 318.010
Low
290.00
Averages
348.25
High
400.00
About TSM
Taiwan Semiconductor Manufacturing Co Ltd is a Taiwan-based company mainly engaged in the provision of integrated circuit manufacturing services. The integrated circuit manufacturing services include process technology, special process technology, design ecosystem support, mask technology, 3DFabricTM advanced packaging and silicon stacking technology services. The Company has completed the transfer and mass production of 5nm technology, and is engaged in the research and development of 3nm process technology and 2nm process technology. The product application range covers the entire electronic application industry, including personal computers and peripheral products, information application products, wired and wireless communication system products, servers and data centers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
