stocks, Tariffs and Market Volatility
Digest more
Top News
Overview
Impacts
Two out of three consumers surveyed by the University of Michigan expect unemployment to worsen in the year ahead.
From CBS News
Trump imposed stiff tariffs on nations worldwide on Wednesday.
From CBC.ca
Left unchecked, Trump's policies are putting the US economy on track for a recession, Elliott believes.
From Business Insider
Read more on News Digest
3hon MSN
Amid what may end up being the worst two-day wipeout in U.S. stocks on record, the world’s largest and most liquid government-bond market is offering investors some reason for hope when it comes to assessing the likely fallout of the current trade war.
1don MSN
The S&P 500 was down 3.3% in early trading, worse than the drops for other major stock markets. The Dow Jones Industrial Average was down 1,160 points, or 2.7%, as of 9:32 a.m. Eastern time, and the Nasdaq composite was 4.5% lower.
Markets reeled from worries about the trade war, overshadowing some good news about the U.S. labor market. President Trump insisted that his policies were working.
Breakeven inflation rates were moving in a manner on Friday that suggests tariffs should be only a short-term problem. Five, 10-, and 30-year breakeven rates — which reflect future inflation expectations — were falling to 2.
The President has an enormous potential impact on the stock market. A slip of the tongue can generate considerable short-term volatility. More importantly, a president and his policies can lead to “regime uncertainty,” which can significantly influence the stock market over long periods.
US stocks plunged after President Trump announced a baseline 10% tariff on all US trading partners, sending shockwaves through markets and the global trade order.
Goldman Sachs cut its S&P 500 target and raised its recession forecast. The bank now sees a 35% chance of a recession in the next 12 months.
You might see the price of land and buildings increase, and you might see the price of bonds go up. If interest rates go down because there is an inverse relationship between interest and the price of bonds. But also, you might see the actual inflation hitting some of your liquid assets.
Donald Trump’s “liberation day” tariffs present a severe risk to a US economy that is already rapidly losing momentum, with economists warning of surging prices for households and a growing risk of recession in the wake of the president’s announcements.