#Marko Kolanovic, former lead analyst at JPMorgan, believes the current situation mirrors 2018, during Trump’s first term.
Back then, Trump imposed tariffs on China, triggering a market sell-off. He then pressured the Fed to cut rates and launch QE, which ultimately fueled a bull market.
Now, with new tariffs, markets are reacting negatively again. Investors are wary of Trump reshaping the global order, but in the long run, the downturn may reverse.
#GPSonBinance #USTariffs #MarketPullback #FTXrepayment #USCryptoReserve
Disclaimer: Third-party opinions included. No financial advice. May contain sponsored content. See T&Cs.
XRP: 2.5136 (+2.27%)
ADA: 0.9497 (+5.71%)
SOL: 143.57 (-2.67%)
