Dow Headed for Worst April Since 1932 as Investors Send ‘No Confidence’ Signal
Few think administration’s negotiations with trade partners will yield results soon enough to ease the strain
homeagain wrote: PER WSJ.....FIGHT WITH FED IS CAUSE.
Dow Headed for Worst April Since 1932 as Investors Send ‘No Confidence’ Signal
Few think administration’s negotiations with trade partners will yield results soon enough to ease the strain
US shares plummeted, with the Dow experiencing its worst April since the Great Depression. Concerns over President Trump's trade policies and escalating tensions with Federal Reserve Chairman Jerome Powell rattled markets. Powell warned that Trump's tariffs could conflict with the Fed's mandates. Trump's calls for Powell's termination raised fears about the Fed's independence, potentially eroding investor confidence. PER ECONOMIC TIMES
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