Market Analyst
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The Daily Show: Ears Edition
Trump Escalates China Trade War, Fox News Ignores Market Slide | Mallory McMorrow
This is a snapshot of the Dow since President Trump's inauguration, after dropping more than 15% since its record high, putting it into correction territory.
The Journal.
What's Going On With the Economy?
The Dow plunging nearly 750 points, the S&P 500, NASDAQ both falling sharply as well amid fears of a slowing economy and stubborn inflation.
WSJ What’s News
Biden Diagnosed With Aggressive Prostate Cancer
Stocks especially had rallied a lot in the last couple of weeks. But I think the more important part of the market is the bond market. The 30-year rate touched 5% early this morning. The dollar fell again. Those parts of the market haven't rallied.
WSJ What’s News
Biden Diagnosed With Aggressive Prostate Cancer
Given the really high deficits in Washington and the policy uncertainty created over the last few months, people kind of thought it was inevitable unless there was some big compromise in Congress to bring the deficit down. And it does crystallize the moment. And stocks especially had rallied a lot in the last couple of weeks, you know, as the fears over the tariff war had ebbed a little bit.
WSJ What’s News
Biden Diagnosed With Aggressive Prostate Cancer
So the market was a little bit primed to sell off. But I think the more important part of the market is the bond market. The 30-year rate touched 5% early this morning. The dollar fell again. Those parts of the market haven't rallied during the tariff pause and continue to sell off what people are calling the sell America trade. So that's the part that has people on edge a bit.