Anonymous wrote:Time for a recap…
Wall Street has hit a six-month low as the Middle East war weighs on investor sentiment at the New York stock exchange.
The S&P 500 and the Nasdaq have both dropped to their lowest levels since September, sparking speculation that Donald Trump had ‘lost his grip’ on markets.
Oil has risen again, with Brent crude up 3.4% at $111.68 a barrel, as traders shrug off Trump’s 10-day extension for Iran to open the strait of Hormuz.
The Middle East conflict has also hit US consumer confidence this month.
Anonymous wrote:Anonymous wrote:Time for a recap…
Wall Street has hit a six-month low as the Middle East war weighs on investor sentiment at the New York stock exchange.
The S&P 500 and the Nasdaq have both dropped to their lowest levels since September, sparking speculation that Donald Trump had ‘lost his grip’ on markets.
Oil has risen again, with Brent crude up 3.4% at $111.68 a barrel, as traders shrug off Trump’s 10-day extension for Iran to open the strait of Hormuz.
The Middle East conflict has also hit US consumer confidence this month.
Brent at $114+ now. Trump can't move that market with social media posts any more.
Anonymous wrote:Time for a recap…
Wall Street has hit a six-month low as the Middle East war weighs on investor sentiment at the New York stock exchange.
The S&P 500 and the Nasdaq have both dropped to their lowest levels since September, sparking speculation that Donald Trump had ‘lost his grip’ on markets.
Oil has risen again, with Brent crude up 3.4% at $111.68 a barrel, as traders shrug off Trump’s 10-day extension for Iran to open the strait of Hormuz.
The Middle East conflict has also hit US consumer confidence this month.
Anonymous wrote:Where is 401k guy?
Anonymous wrote:Trump: "We had the greatest economy in the history of our country in the first term. We are blowing 'em away right now."
uh...tone deaf? delusional? gaslighting?
all of the above?
Anonymous wrote:“.. even if the conflict is wound down within weeks, fertilizer disruption alone would cause US food inflation to rise from around 2 per cent to 4 per cent year on year. If fighting drags into the summer, she warns, the increase could reach double digits.”
https://www.ft.com/content/27e07c19-723a-4fce-adab-82538c350e74?syn-25a6b1a6=1