Jessica Mendoza
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The next day, Tuesday, a reporter asked Trump in the Oval Office if he still had intentions to fire Powell.
A White House spokesperson declined to comment on Trump's private conversations. Both the Treasury and Commerce Departments did not respond to requests for comment. How are investors feeling about Trump's kind of shifting rhetoric around Powell?
A White House spokesperson declined to comment on Trump's private conversations. Both the Treasury and Commerce Departments did not respond to requests for comment. How are investors feeling about Trump's kind of shifting rhetoric around Powell?
A White House spokesperson declined to comment on Trump's private conversations. Both the Treasury and Commerce Departments did not respond to requests for comment. How are investors feeling about Trump's kind of shifting rhetoric around Powell?
Trump seemed to have felt the pain of the downturn. The same day he walked back his comments on Powell, he told reporters that he was considering lowering tariffs on China.
Trump seemed to have felt the pain of the downturn. The same day he walked back his comments on Powell, he told reporters that he was considering lowering tariffs on China.
Trump seemed to have felt the pain of the downturn. The same day he walked back his comments on Powell, he told reporters that he was considering lowering tariffs on China.
Both U.S. stock futures and the dollar rallied on Wednesday in response.
Both U.S. stock futures and the dollar rallied on Wednesday in response.
Both U.S. stock futures and the dollar rallied on Wednesday in response.
a roller coaster, or in other words, volatility, something investors definitely don't like. April is shaping up to be the most volatile month for markets since the pandemic crash in 2020. And it's still unclear what the coming months will look like in terms of the administration's approach to trade and the central bank. And so for many foreign investors, none of this looks good.
a roller coaster, or in other words, volatility, something investors definitely don't like. April is shaping up to be the most volatile month for markets since the pandemic crash in 2020. And it's still unclear what the coming months will look like in terms of the administration's approach to trade and the central bank. And so for many foreign investors, none of this looks good.
a roller coaster, or in other words, volatility, something investors definitely don't like. April is shaping up to be the most volatile month for markets since the pandemic crash in 2020. And it's still unclear what the coming months will look like in terms of the administration's approach to trade and the central bank. And so for many foreign investors, none of this looks good.
What's looking better is the sell America trade. Do you think that sell America is a flash in the pan or a real paradigm shift?
What's looking better is the sell America trade. Do you think that sell America is a flash in the pan or a real paradigm shift?
What's looking better is the sell America trade. Do you think that sell America is a flash in the pan or a real paradigm shift?
So if global investors are selling America, what are they buying? In London, Mark Dowding, the investment executive, says he's now more intrigued by markets in Europe and Japan.
So if global investors are selling America, what are they buying? In London, Mark Dowding, the investment executive, says he's now more intrigued by markets in Europe and Japan.
So if global investors are selling America, what are they buying? In London, Mark Dowding, the investment executive, says he's now more intrigued by markets in Europe and Japan.
That's all for today, Thursday, April 24th. The Journal is a co-production of Spotify and The Wall Street Journal. Additional reporting in this episode by Nick Timros, Gunjan Banerjee, Greg Ip, Alistair McDonald, and Jack Pitcher. Thanks for listening. See you tomorrow.