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Once again, once again prices, large -scale public holidays, funding deductions and immigration crackdowns have seriously considered Wall Street, which is rejecting President Donald Trump’s economic agenda.
The market that accepted Trump in most parts of his first term and finished second. The S&P 500 closed in the correctional area on Thursday, which fell 10 % from the all -time height three weeks ago.
Dow is also approaching correction. Tech Heavy Nes Deck had been in a correction more than a week ago.
And Russell 2000, made of small businesses, which are usually more exposed to changing economic winds, immediately of the elections. After a great hit, 18.4 % were surprised, which was always within a record of the record.
Even when the stock has been prepared for A minor return on Friday – Dow 200 points, or 0.6 %, S&P 500 Futures rising 0.7 % and Nice Deck Future is increasing by 0.9 % – emotions on Wall Street are very negative. The fear and greedy index of CNN has been submerged in “extreme fear”.
“The stock market is losing its confidence in Trump’s 2.0 policies,” said Ed Yardi, president of Yardi Research.
Instead, investors have raised money in traditional safe havens such as government bonds and gold. Treasury production, which trades in the opposite direction, is roaming over the past month. And on Friday, gold prices, for the first time in history, Troy ounces, 000 3,000 were killed.
Traders are rapidly concerned that Trump’s policies can seriously damage the economy. Former President Joe Biden has inherited inflation problems, despite Trump’s insistence that stocks are falling, the market has increased since the November elections that his tax deductions and irregularities will boost another economic height.
But before Trump took office, Trump began to threaten massive taxes on US largest trade partners. Dao, who was high when Trump began publishing messages on the Tariff’s Social Social on November 25, another record was raised a week later, but after that, about 10 % decreased. Russell 2000 never recovered.
“This market is tired of the sick and only sick and trade policy on the trade policy,” said Art Hogan, chief market strategic, said. He said it feels as if the administration keeps passing round posts. To this extent, it is impossible for investors to trust.
Meanwhile, problems for the economy are increasing, and Trump’s policies can increase them. According to the Conference Board’s Consumer Trust Index, consumer confidence in February registered its largest monthly decline since August 2021 and fell the highest in the first two months of any year since 2009. In a separate survey of consumer sentiment from Michigan University, the largest fall in February was shown in February since the record began in 1978.
Consumers are not spending as much as they used, as the economy’s concerns weigh in their purchase decisions. Target, Walmart, Delta Airlines, Dick Sports Equipment, Dollar General and Kohl have reported in their recent revenue reports that people are forced to spend less than inflation and inflation.
Trump acknowledged that prices could cause “trouble” and refused to reject the recession, saying that his economic plan could be painful for some people at first.
However, mainstream economists believe that Trump is indicating how much harm his policies can do. Uncertainty about taxes is paralyzing businesses who do not believe that services have to be hired and investing. Redemption of federal workers can cause severe damage to local economies. And immigration crackdowns can cause pre -powered health care, construction and agriculture industries to suffer badly.
JP Morgan’s economists wrote dangerously last week that the US economy is now 40 % likely to fall into recession this year. This is more than 30 % forecast by JP Morgan at the beginning of the year. The bank cited the “low -business friendly stance” from US policy, including a more aggressive trade war than fear, as well as the performance of Elon Musk’s department of government has also cited “aggressive efforts” to seek federal services and reduce spending.
JP Morgan’s economists wrote to clients last Friday, “We see a material threat that causes the United States to recession because of the extreme US policies.”
Trump has recently been quiet about stock. During his first term, he tweeted about the market record as a symbol of US economic power as usual.
Like the recent December 12 visiting the New York Stock Exchange, Trump, while interviewing CNBC, called the stock market “very important”.
Trump said, “The stock market is a lot – all that, you know, it’s all, it’s very important.” “I made a joke that I really bought a building across the road because the stock exchange was here. That’s a big deal.
But he has changed his lyrics as Stocks for the first time eliminated their opening benefits and then the benefits of the post -election.
“You can’t really see the stock market,” Trump told Fox on Sunday. ”
“The markets are going up and they are going down,” he said in the Oval Office on Tuesday.
“I think the stock market was dropped, Trump said in the White House on Wednesday, which has led to four years, when you look at inflation and all other problems, I mean wars and inflation and many problems.”
But Wall Street doesn’t like to ignore – it is trying to send a message to the president. And it’s a painful.
Tumbling markets can cause a problem themselves and itself. Consumer confidence can be eliminated by looking at markets in Red, as many Americans wrongly believe that Dow Jones acts as a barometer for the health of the US economy. But many people also rely on stocks for their retirement funds, and the stock quickly stresses them about their financial status.
“Obviously, if the stock continues to dive into the market, it can have a significant negative impact,” said Yardi. “Trump has to re -consider his view that when he is experimenting with revenue and breaking the federal payroll, it’s okay to let the market go down.”
Investors feel that Trump has turned his back. Now they are turning their backs.
