Trump Can’t Beat the Bond Market. Why He Must Conquer China on Tariffs and 4 Other Things to Know Today. - Barron's
1. Trump's 90-day tariff pause relieved markets, leading to a significant rally. 2. China's response to U.S. tariffs remains uncertain, impacting market sentiment. 3. Goldman Sachs now sees lower recession risks, indicating potential growth. 4. Federal Reserve anticipates persistent inflation due to tariffs and market conditions. 5. Mortgage applications surge, but housing market outlook remains bleak.