Trump dumped the stock market to get bond yields to go down expecting Powell to drop rates

Bond yields went up, Powell doesn’t drop rates

For every 1% bond yields move down, the USA will save $300 billion per year in debt refinancing

Since inauguration the market has dropped $10.2 Trillion

To save $300 billion the market lost $10 Trillion

So far, we haven’t even saved the $300 billion and the instability has actually pushed up the cost of refinancing by $200 billion per year

So basically, everyone lost a lot of money and the price of debt got higher.

Not only that but China and America are now in an official trade war which will significantly damage global trade

Many American businesses rely on Chinese manufacturing as US manufacturing is too expensive.

If these China tariffs are here to stay, so is the bear market.