Posted on 04/07/2025 12:22:08 AM PDT by zeestephen
Japan down 7.83% - Hong Kong down 12.02% - England (UK) down 4.95% - Dow Futures down 4.17% - SP 500 down 4.9% - Nasdaq down 5.7% - USA WTI Oil down 4.2% ($59.26 - six year low)
(Excerpt) Read more at cnbc.com ...
I’m OK with $50 oil.
“President Donald Trump said Sunday evening that he is not intentionally engineering the ongoing sell-off, “but sometimes you have to take medicine to fix something.”
He cited the trade deficit with China as his rationale for pressing on with his tariffs plan despite the recent pain in the markets
The market always goes up in a staraight line and when it doesn’t, it never grows again. It’s the end of the world!
Why is the price at the pump still rising? Tariffs?
Keir Starmer is saying it is the end of globalisation. Which in many ways is a good thing. But if one isn’t making things on the homeland...it will be a very, very difficult time for many. President Trump said weeks ago, Americans are not ready for what is coming. And he was right about that too.
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