🔽The US GDP fell below zero, thanks to Donald Trump

New data showed that

US GDP contracted by -0.3% in the first quarter of 2025, while a growth of +0.2% was expected. This is the first negative value since the second quarter of 2022.

📈Just 4 months ago, it was expected that GDP would grow by more than 3% in the first quarter of 2025.

❗️What’s worse, the GDP price index rose to +3.7%, the highest level since August 2023.

📉As a result, the stock market and crypto fell. This is the US economy's reaction to Trump's trade war and high tariffs. But Trump, as always, blamed the market decline on Biden.

✔️The only good news is that due to this GDP drop, the Fed may start cutting rates faster to save the US economy, which in turn will have a positive effect on risky asset markets.

Atabegane | Azam