Is Trump going to make the common people suffer a bit more? Some believe he is intentionally driving the economy down.

Yesterday, the U.S. stock market plummeted, not only because of the tariff issue but also due to disappointing U.S. economic data. Take the GDPNow prediction from the Atlanta Fed on March 3 as an example; it stated that the U.S. GDP growth rate for the first quarter of 2025 might shrink by 2.82%. Just a few days ago, on February 26, it was still predicting a growth of 2.32%. In just a matter of days, the expectation shifted from growth to decline, and it was revised down by 510 basis points.

McDonald warned that the current situation in the U.S. is somewhat dangerous; even if there is an economic recession, interest rates still need to remain high, quite similar to the period from 1968 to 1981. #美股休市 #美国加征关税