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Trump's Tariff Announcement "Liberation Day" - Cryptocurrency Market on Alert
Good morning, little ones!
Today, at 5 PM, Trump will announce his much-talked-about reciprocal tariffs. And the market? It may react strongly. The stock market opening at 10 AM will be a good thermometer to feel the initial impact.
Wall Street analysts, including the sharks from Goldman Sachs and JPMorgan, are already warning of an increased likelihood of recession in the U.S. If Trump goes overboard, the damage could be significant in the stock market, in cryptocurrencies, worldwide.
"I don't remember a situation where the risks were so high and yet the outcome was so unpredictable," said Steve Sosnick, chief strategist at Interactive Brokers.
Today, at 5 PM, Trump will announce his much-talked-about reciprocal tariffs. And the market? It may react strongly. The stock market opening at 10 AM will be a good thermometer to feel the initial impact.
Wall Street analysts, including the sharks from Goldman Sachs and JPMorgan, are already warning of an increased likelihood of recession in the U.S. If Trump goes overboard, the damage could be significant in the stock market, in cryptocurrencies, worldwide.
"I don't remember a situation where the risks were so high and yet the outcome was so unpredictable," said Steve Sosnick, chief strategist at Interactive Brokers.
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