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Antwortete Nonilex

"The self-inflicted uncertainty from the #China #tariffs has turned the corporate capital expenditures world upside down, created mass #uncertainty not seen since Covid, created a price shock that will impact the daily lives of US #consumers with no end in sight, & unfortunately ripped the hearts & lungs out of the US #BigTech #SupplyChain in the process with no minimal to no alternatives," Ives wrote.

#Trump #economy #inflation #recession #trumpcession #idiocracy #kakistocracy

🚨"Inflation expectations have never risen this far, this fast."
-J Wolfers

"New consumer sentiment data just out for April:

Americans’ expectations for how the economy will fare over the next year are now at their worst in 45 years.

Consumer confidence is down 40% since Trump’s inauguration, including a 20% drop among Republicans.

Inflation expectations also up to their highest since 1981."
-J Burn-Murdoch

#Trump #Tariffs #Stagflation #Trumpcession #Economy #Resist #USPol

Top comment on this article: “You are advising responsible honest people who have worked hard, saved all their lives… to scale down their retirement dreams because a one person has decided to destroy the US economy. Why not write an article about how to get rid of the real problem?”

How to Protect Your Retirement Savings Now as Markets Plunge
nytimes.com/2025/04/04/busines

#Trumpcession #RemoveTrumpNow #USPol

How to Protect Your Retirement Savings Now as Markets PlungeThe New York Times

#WallStreet continues fall

Wall Street's indexes opened lower on Friday as #markets assessed the latest escalation in #Trump’s #TradeWar, with #China increasing its #tariffs on #US imports to 125%.
The Dow Jones Industrial Average fell 100.2 points, or 0.25%, at the open to 39493.42.
The S&P 500 fell 12.5 points, or 0.24%, at the open to 5255.56​, while the Nasdaq Composite dropped 28.8 points, or 0.18%, to 16358.532 at the opening bell.

#economy #inflation #recession #Trumpcession #ETTTTS

Antwortete Nonilex

“Rare, ugly & worrying.” That is how Krishna Guha, vice chair at Evercore ISI, described the combination of #market moves today, which saw US govt #bonds sell off & the dollar weaken against a basket of leading currencies, while #stocks sold off sharply. In the last 30 years, he said, there are only 4 other episodes in which the US #dollar index depreciated more than 1.5% with the yield on U.S. 30-year govt debt up more than 0.1% point.

#Trump #economy #recession #trumpcession

"I hope my intuition here is wrong, but the foreign sell of of US treasuries appears to be continuing. REALLY BAD things happen to us all if the rest of THE WORLD LOSES FAITH IN THE US #ECONOMY -as seems to be happening since Trump's election.

Update: There's some possibility as noted here that this may be temporary hedge fund margin calls -doesn't explain the net sales that started back in Nov (15 months prior -foreigners: net *buyers)."
-Rep Casten
#USPol #Trumpcession washingtonpost.com/business/20