US EditionWhy Trump should ignore the stock market
- Donald Trump has ignored warnings against tariffs, causing a drop in stock market value and affecting Americans' retirement accounts.
- Economists at JPMorgan raised the chance of a recession to 40%, linking it to less business-friendly policies.
- Many companies, including Delta Air Lines, have cut earnings forecasts due to decreased consumer confidence linked to macroeconomic uncertainty and tariff effects.
- Experts believe Trump's tariffs could lead to stagflation, which combines rising prices with unemployment, worrying investors that the market may not recover quickly.
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Conservative Daily News+2 Reposted by 2 other sources
Why Trump Should Ignore the Stock Market
by Victor Joecks at CDN - President Donald Trump’s economic priority shouldn’t be preventing a recession. Stock prices are always a bit of a roller coaster. Over the last month, it’s mostly been a downhill ride. In mid-February, the S&P 500 hit 6,144. It’s now dipped below 5,525. That’s around a 10% drop, which means the … Click to read the rest HERE-> Why Trump Should Ignore the Stock Market first posted at Conservative Daily News
Trump is ignoring markets at his own peril. Just ask former British PM Liz Truss
Before the 47th US president, there was another blond(e) with a distaste for economic orthodoxy setting fire to financial markets. The Parable of Liz Truss should be required reading for Trump.
·Atlanta, United States
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Total News Sources6
Leaning Left2Leaning Right3Center1Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 33%
C 17%
R 50%
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