Stock Futures Point Higher to Start Holiday-Shortened Week as Tech Shares Continue Advance; Gold, Silver Hit Record Highs

There’s One Thing Trump Could Do to Turbocharge the Global Economy and Crush Inflation

12 minutes ago

President Donald Trump could invigorate the global economy and stamp out inflation quickly. All it would take would be scrapping his signature economic policy.

That’s according to an analysis this week by Daniel Harenberg, lead economist at Oxford Economics, who found that a reversal of the tariffs Trump imposed this year would drive the global economy to grow at a rate of 3% in 2026 and 3.4% in 2027, compared to 2.7% and 2.9% if there’s no change. That’s a boost of 0.5 percentage points per year, all while reducing inflation for U.S. consumers.

Trump has shown no sign that he would remove or negotiate away his beloved tariffs, but Harenberg’s analysis highlighted the potential impacts if 2026 delivered yet another surprise on par with 2025’s trade policy shock.

In this scenario, Trump could strike deals with other countries to remove tariffs ahead of the 2026 elections.

“In our extreme upside scenario, President Trump pushes for a series of bilateral trade deals to create a positive news-flow ahead of upcoming mid-term elections,” Harenberg wrote. “One year after “liberation day,” the U.S. administration starts lowering U.S. tariffs back to the levels at end-2024.”

Read the full article here.

–Diccon Hyatt

Honeywell Expects Roughly $470M Q4 Charge Due to Flexjet Litigation

44 minutes ago

Honeywell International’s ongoing litigation with Flexjet over engine maintenance obligations is going to hit its financial results.

Before the bell Monday, Honeywell (HON) said that because of its legal dispute with private jet operator Flexjet, it “expects to record a one-time charge within its Aerospace Technologies segment in the fourth quarter of 2025 that will reduce GAAP sales (due to contra-revenue accounting) and operating income by approximately $310 million and $370 million, respectively.”

The conglomerate added that it expects “any settlements will include one-time cash payments to the parties to the Flexjet-related litigation matters totaling approximately $470 million in the aggregate.”

In addition, Honeywell said it will report its Advanced Materials business unit as discontinued operations beginning in Q4 after spinning off Solstice Advanced Materials (SOLS) on Oct. 30. As a result, it adjusted its full-year and Q4 2025 outlook, and otherwise affirmed its Q4 projections. “The new business segment structure aligns to the company’s go-forward strategy for its automation business ahead of the planned spin-off of its Aerospace business in the second half of 2026,” it said.

Honeywell shares slipped more than 1% before the bell. They entered Monday down 6% this year.

Stock Futures Point Higher to Start Holiday-Shortened Week

1 hr 53 min ago

Futures contracts associated with the Dow Jones Industrial Average were up 0.1%.

S&P 500 futures rose 0.4%.

Nasdaq 100 futures gained 0.5%.