Wall Street, Trump and A selloff
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NBC News |
“Bottom line: [the] left tail is much thinner, but we are selling rallies until we learn.”
Reuters |
With the dust now settled on the euphoric market rebound following President Donald Trump's trade war climb-down, investors are realizing that the global economy still faces the most punishing U.S. t...
Reuters |
U.S. stock index futures fell on Friday after China increased its tariffs on U.S. imports to 125%, escalating a trade war that could disrupt global trade and trigger an economic downturn.
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BlackRock CEO Larry Fink claims the U.S. is “very close” to entering a recession—if it isn’t in one already.Speaking on CNBC’s Squawk on the Street, the Wall Street titan said he was “petrified” of the issues currently facing the economy,
President Trump's unpredictable trade policies have pushed stock volatility up to its highest level in years, creating substantial uncertainty and, some say, opportunity on Wall Street.
With markets crashing after U.S. President Donald Trump announced his latest tariffs, Citigroup’s banking head Viswas Raghavan called a global meeting of senior bankers on Monday and told them to get on the phone with their clients.
The GOP strategist defended Trump's suggestion that it was a "great time to buy" into the stock market hours before announcing a 90-day tariff pause.
"Unless the functioning of financial markets, such as the flow of credit, begins to seize up, there isn’t much the Fed can do."
Wall Street traders and investors have been sent to the brink over the past week by President Donald Trump's tariff policy, scrambling to figure out strategies and calming clients as trillions were wiped off stock market values.
4don MSN
Goldman Sachs and JPMorgan economists said this weekend their baseline forecast under Trump's tariffs is for a recession.