Beege’s excellent post on the financial bonanza that Trump’s tariffs have brought highlights one side of the story that the Pravda Media didn’t expect. JP Morgan’s reversal of its prediction that Trump’s trade policy would usher in a recession tells the other side. All the “best people” have missed the point of Trump’s moves to...
Good news! I bring you good tidings and great cheer. You can retire again. Don’t ask me about tomorrow. Tomorrow never comes. About an hour ago, the Trump administration announced a couple developments on the tariff front. First, in response to China going all-in on reciprocity, The United States will now impose a 125% tariff...
Global stock markets have been in a frenzy after US President Donald Trump announced new widespread tariffs on 2 April, which he dubbed “Liberation Day”. The BBC’s North America business correspondent Michelle Fleury explains three warning signs to watch for as US recession fears rise. Read full article at source...
US President Donald Trump’s tariffs have ignited wildfires across global stock markets, but does that mean we are heading for a recession? The first thing to stress is that what happens in the stock market is not the same as what happens in the economy – falling share prices do not always mean economic misery...
Alarm over U.S. President Donald Trump’s tariffs continues to grow, with stocks plummeting and JPMorgan warning that “the risk of recession in the global economy this year is raised to 60%, up from 40%.” After China announced new 34% tariffs on all American goods beginning next week, The Associated Press reported Friday that “the S&P...