"Unbridled Tariff Man was always going to be a big economic risk in a second term, and here we are."
~ Wall Street Journal
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/5
wsj.com/opinion/trump-takes-th…
He says the 25% levies on Mexico and Canada will begin Tuesday. Stocks fall.WSJ
"The unease has already led to warnings that the U.S. could be heading for recession, with the Atlanta Fed’s GDPNow model estimating real GDP growth for the first quarter of 2025 at -2.8 percent, down from +3.9 percent just four weeks ago."
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/4
"Donald Trump’s introduction of his long-threatened 25 percent trade tariffs on Mexico and Canada has caused global stock markets to drop sharply, with the Dow Jones, S&P 500 and Nasdaq all falling."
~ Oliver O'Connell, Joe Sommerlad, Ariana Baio
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/3
the-independent.com/news/world…
President’s trade aggression causes unease after he suspends American aid for UkraineOliver O'Connell (The Independent)
"Also today, the Federal Reserve Bank of Atlanta forecast a dramatic contraction in the economy in the first quarter of 2025. Evaluating current data according to a mathematical model, it moved from an expected 2.9% growth in gross domestic product at the end of January to –2.8% today."
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/2
"Today, the stock market dropped dramatically upon news that Trump intended to go through with his tariffs. The Dow Jones Industrial Average dropped 650 points, down 1.48%. The S&P fell 1.76%, and the Nasdaq Composite, which focuses on technology stocks, fell 2.64%."
~ Heather Cox Richardson
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/1
heathercoxrichardson.substack.…
As seemed evident even at the time, the ambush of Ukraine president Volodymyr Zelensky in the Oval Office on Friday was a setup to provide justification for cutting off congressionally approved aid to Ukraine as it tries to fight off Russia’s invasio…Heather Cox Richardson (Letters from an American)
"Trump is killing the economy, reducing the U.S. government to rubble, and destroying our relationships with our allies. Putin may love it, but it’s a catastrophe for us and much of the rest of the world."
~ Robert Reich
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/8
robertreich.substack.com/p/dem…
Boycott Trump’s address to Congress tonight. If you must go, make good trouble.Robert Reich
