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BlackRock's Rieder Says Three Rate Cuts Is Aggressive
The drop is historically rare! Who could have predicted that the opening of the US stock market under "Trump 2.0" would be so poor two months ago?
Market pessimism spreads, the USA stock market hits its lowest level since Obama took office during the Global financial crisis in 2009, with all three major stock indexes erasing all gains since the beginning of the year.
A storm of recession is approaching! Wall Street goes from frenzy to panic, with U.S. stocks evaporating 4 trillion dollars in one month.
① Trump’s new policies, particularly the tariff measures, have increased market uncertainty, resulting in the S&P 500 Index evaporating 4 trillion USD from its peak; ② A storm in the USA economy is approaching, leading to a significant shift in market sentiment, with Goldman Sachs lowering the USA's economic growth forecast for 2025 to 1.7%, while investors and hedge funds are rapidly decreasing their positions in American stocks.
US, China Discuss a Trump-Xi Summit for June
Will Trump save the market tonight.
Today, Trump plans to meet with top business executives - the meeting will be held in Washington, organized by the Business Roundtable, with attendees including CEOs from across the country, including heads of major lending Institutions on Wall Street. JPMorgan CEO Jamie Dimon, Citigroup CEO Jane Fraser, and other banking executives are members of the Board of Directors of this organization.
Wall Street Plummets Over Trump's Recession Fears, Nasdaq Hits 2022 Levels