🚨Why is the market under pressure today?
• Trump positions 2 US nuclear subs near Russia after Medvedev’s threats
• Says “we’re totally prepared” for nuclear war
• Adds to ongoing tariff chaos, fueling more uncertainty
• A new trade war brewing? Even reciprocal tariffs are back in play
And don’t forget yesterday’s US job data:
• July: Just 73K jobs added vs 106K expected
• June revised down to 14K
• Unemployment at 4.2%
Labor market is softening fast.
US conditions are not looking good.
Recession fears are spiking.
Clearly, Markets don’t like it. ❌
