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Trump's call was short-lived, US assets were sold off across the board, and the volatility of US stocks is comparable to that of Bitcoin
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As U.S.-China tradeate, economic anxiety permeates every corner of Wall Street, with U.S. stocks, the dollar, and oil declining. Trump Investment Consulting's call effect lasted only a day, Peter Schiff warns that U.S. assets are being sold off, and investors need to buckle up. Although yesterday's CPI data was below expectations, concerns about potentially potential continued inflation due to aggressive trade policies were expressed by several Federal Reserve officials. The market's anticipated Fed rescue might not materialize, and they they are preparing to wait and adapting to strategy changing circumstances.
On the day following the largest stock buying wave in many years, cycle--related assets declined again. Despite Trump claiming he was about to reach a first tariff agreement with a certain country, market enthusiasm turned toease People worry that the waration between the two largest economies will cause lasting damage to global growth, as the White House indicates U.S. tariffs on China have risen to%. S&P 500 index fell 3.46%. The U.S. dollar had its worst day since 2022, and the sale of 30-year U.S. Treasury bonds failed to trigger a bond market rebound.
Gold bull Peter Schiff continues to warn everyone to buckle up: "I've never seen such a mass selloff of U.S. assets. The U.S. dollar, bonds, and stocks are all getting killed. I can't remember when the dollar lost 3.5% against the Swiss franc in one day. America the graabout a halt. Bloomberg analyst Eric BalEric That thecS P now 500 is as volatile as volatile volatile!
Although Thursday's CPI data showed U.S. March inflation generally cooling, these data were calculated before broad tariffs, which could exacerbate price pressures. As Trump's high tariffs permeate the economy. The price decline of services like hotel accommodations and airline tickets might be some a warning sign some of consumer discretionary spending.
Meanwhile, more Federal Reserve officials express concerns about potential continued policies causing continued inflation. Chicago Chicago Federal President Reserve President GeeOolsbeesbee states that tariffs are like a stagflation shock, challenging, as no address shock. official statements suggest the Fed is not eager to to reduce borrowing costs, but more willing to observe how government policies will affect the economy before adjusting rates.
Human tip: Investment carries high risk, with potentially volatile prices. You You may You lose principal. carefully assess risks.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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