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Wall Street is turning its back on Trump and flashing an economic warning

  • Wall Street is rejecting President Donald Trump's economic agenda amid concerns over tariffs and layoffs, marking a turning point after support during his first term.
  • The S&P 500 recently fell 10%, with consumer confidence declining significantly, according to the Conference Board's Consumer Confidence Index.
  • Economists at JPMorgan indicate a 40% chance of a recession occurring this year, attributing it to extreme US policies.
  • Market sentiment is overwhelmingly negative, with consumers cutting spending and investors favoring safer assets like gold amid economic uncertainty.
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Lean Right

Just three years ago, a dispute between an infamous billionaire of cryptocurrencies and a titan of the financial establishment became the focus of attention in an annual event known as the Davos of the derivatives market.The altercation between the founder of FTX, Sam Bankman-Fried, and Terry Duffy, the head of the largest stock exchange of futures and options in the United States, was emblematic of Wall Street's scepticism back then about a new…

·Buenos Aires, Argentina
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Center

The main indices of the New York Stock Exchange were up in the first trades. ...

·Brussels, Belgium
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Right

The American stock market indices are making up for yesterday's losses. The AEX is now also at a nice profit. Music company UMG is a negative outlier.

·Amsterdam, Netherlands
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  • 47% of the sources are Center
47% Center
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follow.it broke the news in on Thursday, March 13, 2025.
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