🟥 US index futures deepen losses in the first minutes of a 5% decline, resulting in a trillion-dollar loss.
JPMorgan Chase says the Federal Reserve may have to cut interest rates before its next meeting.
The US government must intervene immediately to stop the panic and selling.
Because the crisis has not actually struck or occurred. All that is happening are expectations and speculations about a crisis due to tariffs, which has not occurred.
The panic and massive selling will lead us to an actual crisis without a real crisis occurring if it continues. Everyone wants to sell, from hedge funds to investors to individuals to institutions. Today, everyone is losing. The 500 richest people lost $600 billion in just a few days, and most of them are Americans. The situation has become catastrophic. If Trump does not back down, the deep state will intervene, either by impeaching him, assassinating him, or forcing him to back down. They will not allow the American economy to collapse. Let's not forget that America is a nation of institutions and capitalism, and they will not allow their wealth to vanish and their market to be destroyed due to stupid decisions.