Your Pulse On America: Live And Unfiltered
President Trump’s imposition of high tariffs has put investors in an “event-driven” bear market that could turn “cyclical,” as the levies on imports into the U.S. and the threat of retaliation by overseas partners raise the risk of a recession, according to Goldman Sachs. “We argue that we are currently in an event-driven bear market,”…
Billionaire investor Ken Fisher on Monday said Trump’s “stupid” tariffs will fail, and noted the potential for the stock market to recover from here. “What Trump unveiled Wednesday is stupid, wrong, arrogantly extreme, ignorant trade-wise and addressing a non-problem with misguided tools,” Fisher wrote on social media platform “X.” “Yet, as near as I can…
White House economic adviser Kevin Hassett stands next to U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025. Leah Millis | Reuters A crashing stock market is not part of an intentional strategy by President Donald Trump, White House National Economic Council director Kevin Hassett…
U.S. Secretary of the Treasury Scott Bessent speaks to reporters before walking into the White House in Washington, D.C., on March 13, 2025. Evelyn Hockstein | Reuters Treasury Secretary Scott Bessent on Sunday dismissed concerns Americans might be having about a potential impending recession and the status of their retirement plans, saying that President Donald…
Traders work on the floor at the New York Stock Exchange in New York City, U.S., April 4, 2025. Brendan McDermid | Reuters Before Wednesday, President Donald Trump’s tariffs were expected to be a problem for markets and the economy, but a manageable one. So much for that idea. What happened instead is something worse…
Traders work on the floor of the New York Stock Exchange on April 4, 2025. Spencer Platt | Getty Images News | Getty Images The iShares MSCI Emerging Markets ETF fell on Friday to its biggest drop since March 2020, as President Donald Trump’s retaliatory tariffs raised fears of a global trade war and recession….
Chris Wright, chief executive officer of Liberty Energy Inc. and US energy secretary nominee for US President-elect Donald Trump, arrives for a Senate Energy and Natural Resources Committee confirmation hearing in Washington, DC, US, on Wednesday, Jan. 15, 2025. Al Drago | Bloomberg | Getty Images Liberty Energy shares lost around nearly a third of their…
Job growth was stronger than expected in March, providing at least temporary reassurance that the labor market is stable, the Labor Department reported Friday. Nonfarm payrolls increased 228,000 for the month, up from the revised 117,000 in February and better than the Dow Jones estimate for 140,000, according to the Bureau of Labor Statistics. However,…
President Donald Trump ‘s tariffs, if sustained, could push the U.S. and the world into a recession, according to JPMorgan. If implemented, Trump’s tariffs — which start at a baseline of 10% and go even higher for some countries — raise the effective U.S. tariff rate to 25%, a level that would hurt the U.S….
U.S. President Donald Trump stands, after delivering remarks on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Leah Millis | Reuters Global markets, businesses and long-standing geopolitical relationships were thrown into disarray on Thursday, the day after U.S. President Donald Trump’s tariff policy — and Europe was not…