“CUT INTEREST RATES, JEROME”.
@Fin_Watch
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*Powell: Economy still in good place despite high uncertainty
*Powell: Risks of higher unemployment, higher inflation elevated
*Powell: Economic impact of tariffs likely larger than expected
@Fin_Watch
*Powell: Risks of higher unemployment, higher inflation elevated
*Powell: Economic impact of tariffs likely larger than expected
@Fin_Watch
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🚨JUST IN: $3.25 trillion wiped out from the US stock market today.
$5.4 billion was added to the crypto market.
@Fin_Watch
$5.4 billion was added to the crypto market.
@Fin_Watch
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JUST IN: The Telegraph reports that 🇩🇪 Germany is considering withdrawing 1,200-ton gold stockpile, worth $124 billion, from US over concerns over Trump's policies.
@Fin_Watch
@Fin_Watch
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🇦🇷🇺🇸 Argentina's President Javier Milei seeks new trade deal with the US to reduce tariff impact.
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🚨 JUST IN: Trump’s tariffs will push up the cost of Apple, $AAPL, iPhone components to $846 from $549, per WSJ
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@Fin_Watch
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🚨 JPMorgan has increased its probability of the chances of a global recession in 2025 up to 40%.
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@Fin_Watch
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JUST IN: 🇺🇸🇪🇺 Elon Musk calls for the United States and Europe to establish a "zero-tariff" system and a "free trade zone."
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JUST IN: 🇹🇼🇺🇸 Taiwan offers zero tariffs and pledges to increase its investments in the US to avoid President Trump's tariffs.
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🇺🇸 Elon Musk's net worth has decreased by $130 billion this year, making him the biggest loser among the top 10 richest people in the world, with Buffett being the only gainer.
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@Fin_Watch
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BREAKING: 🚨🚨 The world's 500 richest people lost $500 billion this week, which is the largest ever recorded by Bloomberg.
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⚡️NEW: JPMorgan’s Bob Michele says the Fed may have to cut interest rates before the next meeting.
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Stock markets today
🇭🇰 Hong Kong: -8.7%
🇸🇬 Singapore: -7%
🇯🇵 Japan: -6%
🇨🇳 China: -5.5%
🇲🇾 Malaysia: -4.2%
🇦🇺 Australia: -4.1%
🇵🇭 Philippines: -4%
🇳🇿 New Zealand: -3.6%
@Fin_Watch
🇭🇰 Hong Kong: -8.7%
🇸🇬 Singapore: -7%
🇯🇵 Japan: -6%
🇨🇳 China: -5.5%
🇲🇾 Malaysia: -4.2%
🇦🇺 Australia: -4.1%
🇵🇭 Philippines: -4%
🇳🇿 New Zealand: -3.6%
@Fin_Watch
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🚨 JUST IN : The Thailand 🇹🇭 Stock exchange has temporarily banned short selling to stabilize market volatility.
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🚨 Trump claims there is no inflation, urges the Fed to cut rates, and criticizes China for raising its already high tariffs.
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JUST IN: 🇺🇸 President Trump says "oil prices are down, interest rates are down, food prices are down, there is no inflation."
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