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Market crash not part of Trump's strategy, says top White House economic advisor

1. White House adviser denies intentional market crash by Trump. 2. Trump's tariffs triggered significant selloffs across major indices. 3. S&P 500 dropped nearly 6% on Friday amid rising trade war fears. 4. Economic plans may inadvertently weaken the dollar and mortgage rates. 5. Market volatility expected due to fears of a protracted recession.

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FAQ

Why Very Bearish?

The current selloff aligns with historical instances of significant declines following major economic policy announcements, particularly during trade wars.

How important is it?

The article discusses market movements directly related to U.S. economic policies that could affect investor sentiment significantly.

Why Short Term?

Market reactions are immediate after tariff announcements; historically, corrections can be swift in such environments.

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