#Stocks and #bonds are often seen to move inversely, but futures indicate US equity markets are poised to sell off on Wednesday alongside US #treasuries Hedge funds, which are big holders of Treasuries, are also believed to be selling.
Former US Treasury secretary Larry Summers wrote in a post on X that “this highly unusual pattern suggests a generalized aversion to US assets in global financial markets. We are being treated by global financial markets like a problematic emerging market.”
BREAKING: Europe Union approves retaliatory tariffs between 10% and 25% on U.S. goods.
JPMorgan, $JPM, CEO Jamie Dimon has said: A recession in the United States is now a "likely outcome"
BREAKING: EU adopts tariffs on €21 billion of US goods in metals dispute.
Futures are red, red.
S&P500 down 1.64%
Nasdaq 100 down 1.36%
DOW down 2%
Lawrence O’Donnell’s latest show/podcast is quite insightful about 47’s Tariffs. He thinks Trump will soon be forced to fire Navarro now that Musk has publicly slagged him. Either that or more Republicans will side with Dems about putting Tariff power back in the hands of Congress. Stocks can only recover if one of these happen. #Tariffs #TrumpCrash #Musk #Stocks
BREAKING: US Treasury Secretary Bessent: Wall Street has grown wealthier for four decades. 'For the next four years, it's Main Street's turn'
These weeks saw some of the worst declines in the market.
I cannot stress how important it is to have the right tooling to trade.
To see how the market is doing, and get up to date immediately with news and stock information, check Unusual Whales.
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86 countries in the world now have tariffs from the US.
Trump says it is a great time to move your company to the US:
BREAKING: The US has instituted reciprocal tariffs on nearly every nation in the world, except for North Korea and Russia, per BBC
BREAKING: Treasury Secretary Bessent, asked about removing Chinese stocks from US stock exchanges, said:
Everything's on the table
World wide US tariffs have officially started today.
Here is the full list:
China - 104
Lesotho - 50
Cambodia - 49
Laos - 48
Madagascar - 47
Vietnam - 46
Myanmar - 44
Sri Lanka - 44
Falkland Islands - 41
Syria - 41
Mauritius - 40
Iraq - 39
Guyana - 38
Bangladesh -
Treasury Secretary Scott Bessent says China can raise tariffs "but so what."