๐จ Global Markets in Shock Today ๐๐ฅ
What was supposed to be a quiet Fed day just turned crazy!
Hereโs what happened (and why August 1 might be unforgettable) ๐
โ
๐ U.S. GDP came strong at +3%
๐ธ Fed kept interest rates unchanged
๐๏ธ Powell said: "Inflation from tariffs is just beginningโฆ weโll wait and watch"
So far, everything looked fine...
Until THIS happened ๐๐ฅ
โ
๐ง๐ท 40% Tariff on Brazil announced
๐ง 50% Tariff on Copper (semi-finished imports)
๐ฐ๐ท $350 Billion trade deal signed with South Korea
โก Includes $100B LNG + 15% tariffs on Korean goods
๐ฎ๐ณ 25% Tariff on India due to Russia ties
โ ๏ธ Called India & Russia โdead economiesโ
๐งฑ Said BRICS is a "threat to the U.S. dollar"
๐ Hinted at a massive China deal coming soonโฆ
โ
๐ Result?
Markets dropped โ ๏ธ
Oil spiked โฝ
Gold soared ๐
Investors panicked ๐ฑ
People are calling it "The August Earthquake" ๐ฃ
โ
๐ง Stay calm. Stay informed.