Post AsxVsIvDREFoOzN0eu by noplasticshower@infosec.exchange
 (DIR) More posts by noplasticshower@infosec.exchange
 (DIR) Post #AsxVgi5e2ONYz7igam by Nonilex@masto.ai
       2025-04-10T20:19:14Z
       
       0 likes, 1 repeats
       
       The S&P 500 tumbled 3.5% on Thursday, signaling renewed investor concern about the worsening #TradeWar with #China & the destabilizing effects of #Trump’s #tariffs.Few corners of the stock market were spared from Thursday’s slump. More than 80% of the stocks in the S&P 500 ended the day lower. The energy sector led declines as oil prices tumbled, another harbinger of slowing global growth.#economy #inflation #recession https://www.nytimes.com/live/2025/04/10/business/trump-tariffs-stocks/heres-the-latest?smid=url-share
       
 (DIR) Post #AsxVpDuDdCy3yaR15U by Nonilex@masto.ai
       2025-04-10T20:20:47Z
       
       0 likes, 1 repeats
       
       Speaking to reporters on Thursday, Austan Goolsbee, who as president of the #Chicago #Fed will vote on policy decisions by the central bank this year, said a 10% tariff on the rest of the world without any exemptions will “materially increase #inflation in the near-term & have a somewhat serious impact upon output.”#Trump #economy #recession #trumpcession
       
 (DIR) Post #AsxVsIvDREFoOzN0eu by noplasticshower@infosec.exchange
       2025-04-10T20:21:18Z
       
       0 likes, 0 repeats
       
       @Nonilex a classic dead cat bounce
       
 (DIR) Post #AsxVt9ejNFYjxD45p2 by paninid@mastodon.world
       2025-04-10T20:21:27Z
       
       0 likes, 0 repeats
       
       @Nonilex
       
 (DIR) Post #AsxVuDTKffeq4yEvDc by Nonilex@masto.ai
       2025-04-10T20:21:41Z
       
       0 likes, 1 repeats
       
       Asked about the ongoing sell-off in #FinancialMarkets, Goolsbee acknowledged that there is “a lot of selling pressure in an environment where it’s uncertain whether we’re going to enact this largest tariff in 100 years — & it might be bigger than that,” he said. “We’ve had a big increase in the amount of debt worldwide, so that just amps up the scrutiny on #bonds.”#Trump #economy #recession #trumpcession
       
 (DIR) Post #AsxVySPX4Tt7ZLU6JE by Nonilex@masto.ai
       2025-04-10T20:22:27Z
       
       0 likes, 1 repeats
       
       “Rare, ugly & worrying.” That is how Krishna Guha, vice chair at Evercore ISI, described the combination of #market moves today, which saw US govt #bonds sell off & the dollar weaken against a basket of leading currencies, while #stocks sold off sharply. In the last 30 years, he said, there are only 4 other episodes in which the US #dollar index depreciated more than 1.5% with the yield on U.S. 30-year govt debt up more than 0.1% point.#Trump #economy #recession #trumpcession
       
 (DIR) Post #AsxWPz4HlCA6flfjgO by wonkothesane@mstdn.social
       2025-04-10T20:27:23Z
       
       0 likes, 0 repeats
       
       @Nonilex So America is winning?
       
 (DIR) Post #Asy19E4Fpuweqh99zk by f800gecko@mastodon.online
       2025-04-11T02:11:43Z
       
       0 likes, 0 repeats
       
       @Nonilex Alberta, are you watching?Resources led the charge. Stand with your eastern pal. We all lose otherwise. #cdnpoli #tariffs