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JPMorgan analysts raised the recession to 60 percent The stock market fell the next Declaration of the “Liberation Day” definitions of President Donald Trump.
Trump announced at least 10 percent of the comprehensive definitions of all countries – with the exception of Russia – on Wednesday, which sent investors to panic. Dao 1000 points decreased at the opening on Friday After China has placed 34 percent revenge definitions on American goods. This was followed by a historical bad day on Thursday for the stock markets and Nasdaq, which witnessed significant declines in both.
Investors are afraid of the impact of the definitions, which many expect to raise the prices of consumers.
Nasdak on the right path to decrease by 20 percent or more of its last peak by closing on Friday, according to what he said Wall Street Journal.
JPMorgan analysts had a recession by only 40 percent before the Trump tariff was announced. Economists at Jpmorgan indicated that the increase was large in 1968 – and was followed by recession.
It is also possible to enter the United States in the recession while the rest of the world is avoided, according to analysts.
The head of the Federal Reserve, Jerome Powell, said on Friday that Trump’s tariff is likely to raise inflation and slow economic growth. Trump Powell called for lower interest rates minutes before his speech.
“He has always been late,” Trump wrote to Trump, but he can now change his image, and soon, “Trump wrote to Trump. Social truth.
“Reducing interest rates, Jerome, and stop playing politics,” added.
Dow witnessed a decrease in the first -ranking point, which ranked first in all in all ages, while Nasdak also suffered a decrease in the most important point for one day in the history of the market Thursday. S&P 500 has also seen the largest decrease for one day since March 2020 amid the Covid-19s.
But Trump and his allies insist that the market is healthy, despite these huge decreases.
“I think it’s going well,” Trump said on Thursday. “It was practical. I love when the patient is running and it is a big thing.”
He continued to defend his transfer on Friday, and write on Social truth It is “great time to get rich and rich than ever.”
He added: “For many investors coming to the United States and investing huge amounts of money, my policies will never change.”
Foreign Minister Marco Rubio defended the definitions, saying that he was confident that the markets would bounce.
“Companies around the world, including trade and global trade, you just need to know what the rules are,” said Rubio from a meeting of NATO in Brussels on Friday. “Once they know what the rules are, they will adapt to these rules.”
