Honeymoon ends for Trump on US financial markets

The US has entered a bear market

Could it be that Donald Trump actually wants a bear market now? At some point, one was bound to happen on his watch — after all, US equities weren’t going to keep up their stunning gains from the past two years for the rest of his term. A market correction was inevitable, and it seems we’ve already seen that, as the S&P 500 dipped into correction territory this week. And a bear market was almost certainly coming, given that there have been 27 of…

Honeymoon ends for Trump on US financial markets

Washington, United States — The euphoria that Donald Trump’s election triggered for financial markets seems to be a thing of the past as investors now fret over the prospect of the president’s trade wars sparking a US recession. On Monday the S&P 500 stock index dropped sharply, erasing all the gains it had posted since

For Wall Street, it has been a surprise that the president is not intimidated by signs of problems in the economy or by the collapse of stock prices. Ben Casselman and Colby Smith / The New York Times President Donald Trump made many promises during last year's election campaign. Investors and business leaders enthusiastically applauded some of them, such as the drop in taxes and the relaxation of regulations, and were cautious about others, suc…

Donald Trump’s electoral victory in November was greeted with joy and optimism by his voters, businesses and markets. The promises of tax cuts, deregulation, deep tijerets in the size and spending of Elon Musk-supported government and even tariffs were then seen as a winning combination. Seven weeks after the Republican’s return to the White House, moods and the situation have changed radically. Continue reading....

Washington, 12 Mar (Latin Press) U.S. President Donald Trump's approval rate today shows that he suffers as citizens' fears for the economy increase, as reflected in a new poll. Trump's post Fears for Economy, Honeymoon, would be on the way to the end first appeared on Noticias Prensa Latina.

Platform capitalism is living one of its best moments and it has to do with domination over many aspects of lifeTopics: The Countercurrent Salmon, CapitalismRead full article