Analytics

Trump's Tariff 'Chart of Death' Has Wall Street Facing Harsh Reality

Bloomberg reports that the American investor class — that top 10% that owns almost all of the stocks — is quickly coming to terms with its new, much-diminished status in the era of Donald Trump’s trade offensive.
Trump's Tariff 'Chart of Death' Has Wall Street Facing Harsh Reality
From the corporate executives counting their stock options to the billionaire hedge-fund moguls and everyone in between, they’re merely collateral damage now. The market crash Trump stoked last week was one for the history books. The Nasdaq 100 plunged into a bear market; more than $5 trillion was wiped off the value of all US shares in two days; commodities... ...

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