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#market

9 posts9 participants2 posts today

#Recession Risk on the Rise as #TrumpTariffs Reverberate Globally

#Stocks in every sector & every #market tumble drastically, former #US #allies & adversaries alike plan #retaliatory measures.

Meanwhile #Trump plans to golf at his #luxury Florida resort w/ #SaudiArabia LIV tourney this weekend.

#economy #tariffs #inflation #trumpcession #plutocracy #oligarchy #kleptocracy
reuters.com/world/us/donald-tr

Replied in thread

@anirvan
A wonderful example of how the #market fails to deliver systems that work with each other unless there is a mandate for interoperability.

That doesn't stop innovation; it does require interface standards.

The semiconductor industry recognized how important this was in the late 80s/90s. Absolute win- win.

Markets in Q1: #ETTTTS

Whereas the major risk back in Jan was that #Trump's 'America first' policies would push #inflation back up & prevent #US interest rate cuts, now the most important risk is #recession risk.

That has spun the $140T global bond #market 180°.

#Gold, the ultimate safe port in a storm, has had its best quarter since 1986 due to Trump's #TradeWar & the #dollar is flirting w/its worst start to a year since the 2008 global bust.

#economy #trumpcession
reuters.com/markets/us/global-