https://thehill.com/opinion/white-ho...ning-disaster/
I have to agree. For all the bluster he really is a terrible negotiator and the markets recognize this
As Yahoo Finance's Josh Schafer wrote in our preview of the week, the stock market remains largely at the mercy of Trump's tariffs. Different headlines and shifts in narratives have driven big market swings over the past several weeks, with all three indexes down over 5% since Trump's "Liberation Day"event.https://finance.yahoo.com/news/live/...133040598.html
Meanwhile, investors are grappling with a growing concern: Trump's bluster around removing Fed Chair Jerome Powell. Trump has repeatedly criticized Powell for allegedly keeping interest rates too high, with his latest insult posted on Monday morning, warning that the economy could slow "unless Mr. Too Late, a major loser, lowers interest rates, NOW."
Trump's new focus on Powell comes after theFed chief delivered a stark warningabout the potential effects of tariffs on the economy
WASHINGTON (AP) — The outlooks for the U.S. and global economies have significantly worsened in the wake ofPresident Donald Trump’s tariffs and the uncertainty they have created, the International Monetary Fund said Tuesday.https://apnews.com/article/recession...3c094776b87552
The IMF said that the global economy will grow just 2.8% this year, down from its forecast in January of 3.3%, according to its latest World Economic Outlook. And in 2026, global growth will be 3%, the fund predicts, also below its previous 3.3% estimate.
And the Fund sees the world’s two largest economies, China and the United States, weakening: U.S. economic growth will come in at just 1.8% this year, down sharply from its previous forecast of 2.7% and a full percentage point below its 2024 expansion. The IMF doesn’t expect a U.S. recession, though it has raised its odds of one this year from 25% to 37%.
China is also forecast to grow more slowly because of U.S. tariffs. The IMF now expects it will expand 4% this year and next, down roughly half a point from its previous forecasts.
The forecasts underscore the widespread impact of both the tariffs and the uncertainty they have created. Every country in the world is affected, the IMF said, by hikes in US import taxes that have now lifted average U.S. duties to about 25%, the highest in a century.
REPORT: China’s retaliation against President Trump’s tariffs just blew up in their face.
After grounding dozens of Boeing planes, Beijing thought it had the upper hand, but now that move is backfiring—badly.
Chinese factories are collapsing under the weight of economic uncertainty, and insiders say more than half could shut down this year.
One supplier admitted, “I nearly passed out” after a major U.S. client suspended all orders.
And it’s not just the tariffs.
Zero Hedge reports China is spiraling—deflation, unpaid wages, and collapsing property giants—all while the CCP scrambles to hide the damage from the world.
Trump’s critics call it reckless. But what the unpredictability of Trump is working miracles—keeping China guessing at every turn? Originally Posted by bambino
Sure would love a link on that "let's talk"https://t.me/realtalk2024/47764Originally Posted by HDGristle
https://t.me/realtalk2024/47764I see. More twaddle, but a bump is a bump
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Originally Posted by bambino