🔴 Rubini warns: don't rely on the Fed — markets will fall deeper
Famous economist Nouriel Roubini, dubbed Dr. Doom after predicting the 2008 crisis, believes that Powell is in no hurry to save the market, and Trump is pouring fuel on the fire with his tariffs.
📌 What's happening:
— Trump raised tariffs on imports from China to 104%, causing panic in the markets
— Nasdaq 100 fell by 12%, Bitcoin by 10%, Treasury yields soared
— Funds expect 5 rate cuts, but Roubini is confident: the Fed will wait
— "Powell won't save the market first — he will wait for Trump to back down"
— The market can sharply change direction after one tweet about "negotiations"
📉 Impact: negative — investors are reassessing the Fed's willingness to intervene. Increased volatility and dollar liquidity risks are intensifying.
📜 Historical fact:
In 2020, the Fed did indeed intervene urgently to stop the market collapse during COVID — but only after a serious decline. Roubini believes that the scenario may repeat, but with a stricter threshold for intervention.
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