After three days of global market turmoil not seen since the early days of the Covid-19 pandemic, stocks in Asia regained a measure of calm on Tuesday despite little let up in the escalating trade tensions caused by President Trump’s tariffs. Before markets opened in China, the government unleashed a series of measures to stabilize…
Financial markets were hit by another wave of selling on Sunday evening, with investors and economists grappling with rising odds of a severe economic downturn caused by President Trump’s significant new tariffs on imports. Futures on the S&P 500, which allow investors to bet on the index before the official start of trading on Monday,…
President Trump’s top aides raced to defend his expansive global tariffs on Sunday, downplaying the prospect that his new taxes on imports could cause a significant spike in prices or tip the U.S. economy into a painful recession. As Mr. Trump departed Mar-a-Lago for another day of golfing at his club in Jupiter, Fla., his…
There was little rest on Wall Street this weekend. There was plenty of anger, anxiety, frustration, and fear. Anger at President Trump for a brash and chaotic rollout of tariffs that erased trillions of dollars in value from the stock market in two days. Anxiety about the state of the private equity industry and other…
In the past, the one constituency President Trump has sometimes listened to has been our stock market. Well, it has spoken, falling 10.5 percent in one of the largest two-day stock market swoons in decades. In the 50 years I have been immersed in markets and economic policy, I have never before witnessed a signature…
La inquietud también se ha hecho evidente en la rápida subida del precio del oro, que se ha elevado junto con los temores inflacionistas. Los inversionistas lo han hecho subir un 19 por ciento en los tres primeros meses del año, su mayor subida trimestral desde 1986. El jueves, el oro cotizaba por encima de…
Markets around the world tumbled on Thursday after President Trump announced across-the-board tariffs on America’s main trading partners, including the European Union and Japan. The S&P 500 plunged more than 3 percent at the open of trading, after Asian and European stock markets also fell steeply. The tech-heavy Nasdaq fell more than 4 percent. The…
Tariff turmoil President Trump’s tariff week has arrived, and the world is none the wiser about what to expect. Among the unknowns: Who will get hit, and by how much? Tariff tensions have fueled a $5 trillion stock market sell-off over the past six weeks, and Goldman Sachs economists have just raised their odds of…
Stocks in Asia tumbled Monday as investors braced for a week of market tumult caused by an expected announcement of more tariffs by President Trump on America’s biggest trading partners. Japan’s Nikkei 225 index fell nearly 4 percent in early trading. Stocks in South Korea and Taiwan were down more than 2 percent. Stocks in…
Our stock market is starting to crack. Investor confidence is rapidly dissipating. And changes in the way Wall Street works mean that the impact on your retirement portfolio could be far more severe than you may realize. With the S&P 500 Index down nearly 8 percent from its February peak, the U.S. equity markets are…