Trump's trade war: panic investor! S&P 500 with the greatest decline in the year!
Trump's trade war: panic investor! S&P 500 with the greatest decline in the year!
Houston, USA - A trade war that was provoked by none other than Donald Trump causes unrest on the US exchanges. According to OE24 , the S&P 500 fell by massive $ 4 trillion ($ 3,688,34 billion euros) last month. A disturbing decline that increased on Monday by a dramatic sales frenzy on the stock markets. The leading index S&P fell by 2.7 percent, and the Nasdaq Composite experienced the greatest day of day since September 2022.
The statement by Peter Orszag, CEO of Lazard, at the Ceraweek Conference in Houston, is particularly alarming: "The extent of uncertainty caused by the trade wars in relation to Canada, Mexico and Europe brings board members and business management to rethink." Orszag describes the confusion that results from the ongoing uncertainty and warns that a long-lasting situation could seriously endanger the economic prospects of the United States and M&A activities.fear of recession reaches
The current market movements are characterized by growing fear of recession that are considered direct consequences of the customs inserted. According to Stock World , the uncertainty climate not only frightened the investors, but also led to massive market corrections. Trump's statements in an interview at FOX News about the uncertainty of the economic situation contributed to the uncertainty by refusing to exclude the possibility of an impending recession.
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