Wall Street, bear market
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The Associated Press |
Wall Street could soon be in the claws of another bear market as the Trump administration's tariff blitz fuels fears that the added taxes on imported goods from around the world will sink the global ...
MarketWatch |
The optimists, who think U.S President Trump’s swift tariff U-turn on Wednesday signaled the peak of trade-war angst has passed, are for now in ascendance.
Daily Journal |
"There's still a lot of apprehension," said Tom Cahill of Ventura Wealth Management, who described the level of uncertainty now permeating markets as "nearly unprecedented for my 30-year career."
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Wall Street, Trump and tariffs
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The New York Times |
Wall Street billionaires are not used to being on the outside looking in.
Reuters |
Investors punished U.S. assets in the wake of Trump's tariffs, with the dollar plunging against other major currencies and benchmark U.S. Treasury yields, which move opposite to bond prices, surging.
Reuters |
Wall Street stocks tumbled on Thursday on mounting worries over the economic impact of U.S. President Donald Trump's multi-front tariff war.
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Shares in Asia have fallen in early trading after U.S. stocks gave up a chunk of their historic gains from the day before
By Saqib Iqbal Ahmed, Suzanne McGee and Saeed Azhar NEW YORK (Reuters) -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.
So, what happens now that President Donald Trump has art-of-the-dealed his way out of his own centerpiece economic initiative because it nearly broke financial markets?
The financial titans who backed Trump are now dealing with the fallout from his tariffs. They spent the weekend surveying the damage of last week’s major sell-off.
Von der Leyen said the EU would not allow Chinese products facing U.S. tariffs to flood European markets. She added that Brussels would implement protective measures if a new monitoring system detected an increase in Chinese imports. Another dark day on Wall Street.
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Latin Times on MSNBlackRock CEO Says Most Wall Street Titans Believe U.S. Is Already In Recession But Calls Rout a 'Buying Opportunity'BlackRock CEO Larry Fink said most other Wall Street leaders he talks to believe the U.S. is already in a recession, but called the moment a "buying opportunity"