Public holiday of various countries to commemorate liberation from another country
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The United States and China have agreed to slash the majority of their tariffs on each other for 90 days, as the two nations plan to continue talks on a broader trade deal. News of this tariff truce broke early in the morning on Monday, sending global markets soaring. FOX Business co-anchor of The Big Money Show Taylor Riggs speaks with Payne Capital Management President Ryan Payne to explain the "shock & awe" of this deal, how "Liberation Day" tariffs will be seen in retrospect, and why the market seemed certain a China deal would get done. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
The United States and China have agreed to slash the majority of their tariffs on each other for 90 days, as the two nations plan to continue talks on a broader trade deal. News of this tariff truce broke early in the morning on Monday, sending global markets soaring. FOX Business co-anchor of The Big Money Show Taylor Riggs speaks with Payne Capital Management President Ryan Payne to explain the "shock & awe" of this deal, how "Liberation Day" tariffs will be seen in retrospect, and why the market seemed certain a China deal would get done. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
Robert Francis Prevost is elected first American-born pope of all time, named Pope Leo XIV. Former President Joe Biden is joined by his wife Jill for a lengthy, rambling, defensive appearance on "The View." President Trump names Dr. Casey Means as the next Surgeon General, prompting a wave of positive MAHA response and some backlash from the others in the movement. And the first post-Liberation Day trade deal is announced, with the UK.Tax Network USA: Call 1-800-958-1000 or visit https://TNUSA.com/MEGYN to speak with a strategist for FREE todayPatriot Mobile: Get a Free Month at https://PatriotMobile.com/MEGYN or call 972-PATRIOT
On Thursday, the Trump administration announced a trade deal with the United Kingdom, marking the first major deal following President Trump's "Liberation Day" tariffs. The U.K. is a longstanding ally of the United States, and the deal is their second of the week following a free trade pact with India. Meanwhile, GOP members continue their efforts to pass President Trump's "One Big, Beautiful Bill" in Congress. FOX News Sunday anchor Shannon Bream joins the Rundown to discuss the President's vigorous effort to accomplish trade deals and provide a preview of upcoming Supreme Court hearings that pertain to President Trump's agenda. An American has been selected as the new pope. After a day of deliberations in Vatican City, the College of Cardinals selected Chicago-born Cardinal Robert F. Prevost to be the 267th pontiff of the Holy Catholic Church. Choosing the name Leo XIV, the new pope addressed the crowd, calling for peace to “all peoples.” University of Dayton professor and theologian Timothy Gabrielli joins to discuss this historic election of an American pope, what his job will entail, and what Catholics need to know about their new pope. Don't miss the good news with Tonya J. Powers. Plus, commentary from FOX News Digital columnist David Marcus. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this high-energy sixth episode of Quite Frankly, host Frankie Val takes listeners on a whirlwind tour through geopolitics, Catholic intrigue, and the collapsing credibility of the media and political establishment. He kicks off with personal stories from Liberation Day and family life before diving into an illuminating conversation with nutritionist Jay Gulanello and rancher Eric Perner on the life-saving potential of regenerative agriculture. Frankie then brings in polling expert Rich Barris for a deep-dive conversation that spans the papal election of Leo XIV, the weaponization of immigration by the Catholic Church, the captured U.S. Senate, and Trump's under-the-radar victories, like the UK trade deal and a seismic political grovel by new Canadian PM Mark Carney. The duo discusses GOP corruption, the rise of populism, the deep state's entrenchment, and why Trump's executive orders may be laying the groundwork for dismantling the bloated federal bureaucracy. The episode peaks with a gripping theological and political breakdown with Timothy Gordon, analyzing the selection of the new pope, Francis' court-packing strategy, the Lavender Mafia's influence, and whether the Vatican is being manipulated to fall in line with globalist aims. From Fatima to Windswept House to the legacy of Pope John Paul I, it's a firehose of Catholic lore, conspiracy, and sobering reality. Add in some wild sidebars on UFOs, secret societies, and prophetic Marian visions, and you've got a two-hour tour de force of unapologetic conversation, cultural reflection, and critical analysis you won't hear anywhere else. This is Quite Frankly at full throttle.
David Kelly, chief global strategist at J.P. Morgan Asset Management, says that using tariffs "is like throwing a grenade as an offensive weapon when you are in a small room. You are much more likely to damage yourself than anybody else," which is why he is expecting the Trump Administration to back away from its heavy demands rather than go into a trade war. Despite being "one Tweet away from a solution," Kelly worries that the economy will suffer damage — particularly if it's not cleared up soon — but he notes that he does believe a recession is in the offing, with the good news being that he thinks that slowdown will be shallow and short-lived, passing by the end of the year. Peter Chung, director of research at Presto Research, a firm that trades digital assets, checks in on Bitcoin and other cryptocurrencies and discusses their strong rebound since taking a nosedive along with the stock market heading into "Liberation Day" and through the subsequent downturn; he discusses how digital assets are being impacted by tariff concerns. Plus Andrew Kohl, portfolio manager for Aberdeen Investments' Total Dynamic Dividend and Global Dynamic Dividend funds, says investors can find strong payouts and good valuations buying foreign dividend-paying stocks, noting that many companies can keep rolling regardless of trade policy outcomes in the coming months. He also names two of his favorite dividend plays for the current market.
On Thursday, the Trump administration announced a trade deal with the United Kingdom, marking the first major deal following President Trump's "Liberation Day" tariffs. The U.K. is a longstanding ally of the United States, and the deal is their second of the week following a free trade pact with India. Meanwhile, GOP members continue their efforts to pass President Trump's "One Big, Beautiful Bill" in Congress. FOX News Sunday anchor Shannon Bream joins the Rundown to discuss the President's vigorous effort to accomplish trade deals and provide a preview of upcoming Supreme Court hearings that pertain to President Trump's agenda. An American has been selected as the new pope. After a day of deliberations in Vatican City, the College of Cardinals selected Chicago-born Cardinal Robert F. Prevost to be the 267th pontiff of the Holy Catholic Church. Choosing the name Leo XIV, the new pope addressed the crowd, calling for peace to “all peoples.” University of Dayton professor and theologian Timothy Gabrielli joins to discuss this historic election of an American pope, what his job will entail, and what Catholics need to know about their new pope. Don't miss the good news with Tonya J. Powers. Plus, commentary from FOX News Digital columnist David Marcus. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
Andrew Kohl, a Portfolio Manager with Aberdeen Investments — part of the team running the firm's Total Dynamic Dividend and Global Dynamic Dividend funds — says dividend-paying stocks are not immune from tariff concerns, and while investors often pick them for the income and don't want to make too many changes, it's important to to watch how the underlying business will be impacted by current conditions. Kohl says his portfolios have tilted toward international investments this year, noting that foreign markets have outperformed the U.S. since "Liberation Day." He also discusses two of his favorite dividend stocks, offers a guess as to why one of the funds has seen its discount narrow while the other has not, and more.
On Thursday, the Trump administration announced a trade deal with the United Kingdom, marking the first major deal following President Trump's "Liberation Day" tariffs. The U.K. is a longstanding ally of the United States, and the deal is their second of the week following a free trade pact with India. Meanwhile, GOP members continue their efforts to pass President Trump's "One Big, Beautiful Bill" in Congress. FOX News Sunday anchor Shannon Bream joins the Rundown to discuss the President's vigorous effort to accomplish trade deals and provide a preview of upcoming Supreme Court hearings that pertain to President Trump's agenda. An American has been selected as the new pope. After a day of deliberations in Vatican City, the College of Cardinals selected Chicago-born Cardinal Robert F. Prevost to be the 267th pontiff of the Holy Catholic Church. Choosing the name Leo XIV, the new pope addressed the crowd, calling for peace to “all peoples.” University of Dayton professor and theologian Timothy Gabrielli joins to discuss this historic election of an American pope, what his job will entail, and what Catholics need to know about their new pope. Don't miss the good news with Tonya J. Powers. Plus, commentary from FOX News Digital columnist David Marcus. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
Ce vendredi 9 mai, les raisons qui ont contraintes Donald Trump à signer un accord commercial avec le Royaume-Uni en pleine guerre des taxes ont été abordées par Nicolas Doze dans sa chronique Doze d'économie dans l'émission Tout pour investir présentée par Lorraine Goumot sur BFM Business. Retrouvez l'émission du lundi au vendredi et réécoutez la en podcast.
Ce vendredi 9 mai, les raisons qui ont contraintes Donald Trump à signer un accord commercial avec le Royaume-Uni en pleine guerre des taxes ont été abordées par Nicolas Doze dans sa chronique Doze d'économie dans l'émission Tout pour investir présentée par Lorraine Goumot sur BFM Business. Retrouvez l'émission du lundi au vendredi et réécoutez la en podcast.
Following Trump's so-called “Liberation Day” tariffs, the United States has now struck a trade deal (sorta) with the United Kingdom. We'll get into it. Plus, childcare costs a lot – and in some places, more than rent. Then, we'll smile at the unexpected joy of “swole culture.” And what if, instead of sports metaphors, we used makeup lingo at work?Here's everything we talked about today:“Trump unveils United Kingdom trade deal, first since 'reciprocal' tariff pause” by CNBC“U.S., Britain strike first major trade deal of Trump tariff era” by Axios“Sending 2 Kids to Daycare Costs More Than Rent in Most Major U.S. Metros” from Redfin“Head Start avoids Trump's cuts, but advocates are ready to defend it: ‘There's too much good in this'” by The GuardianLISTEN: “Will you be my nanny?” from “This Is Uncomfortable” “Life of the Mother” by ProPublica“Finding Strength in a Bigger Body” from The Cut“How one writer quit dieting and discovered her strength through weightlifting” by NPRJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
A.M. Edition for May 8. In a first since President Trump's ‘Liberation Day' tariff announcements, the U.S. is expected to announce a framework of a trade deal with the United Kingdom. Correspondent Max Colchester explains that despite the likely straightforward nature of the agreement, it hints at the White House's broader strategy. Plus, why tariff whiplash is spurring some central banks to cut rates, even as the Fed stands pat. And President Trump looks to cement his ‘Make America Healthy Again' agenda with his pick for surgeon general. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
For now at least. (00:21) Jason Moser and Ricky Mulvey discuss: - The economic outlook from the Federal Reserve and the new US trade deal with the UK. - How Axon Enterprise keeps posting impressive growth numbers. - What more global uncertainty means for Shopify. Then, (17:38) Ricky continues his conversation with Gerard Barron, CEO of The Metals Company, about the environmental impact of deep sea mining. Companies discussed: AXON, SHOP, TMC Host: Ricky Mulvey Guests: Jason Moser, Gerard Barron Producer: Mary Long Engineer: Dan Boyd Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, "TMF") do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. Learn more about your ad choices. Visit megaphone.fm/adchoices
Donald Trump and Keir Starmer announce a preliminary trade deal after the pause on the President's “Liberation Day” tariffs that caused distress in the financial markets. What does it mean for possible future pacts with Europe and China, and is the U.S.-U.K. agreement a sign of improvisational dealmaking? Learn more about your ad choices. Visit megaphone.fm/adchoices
Following Trump's so-called “Liberation Day” tariffs, the United States has now struck a trade deal (sorta) with the United Kingdom. We'll get into it. Plus, childcare costs a lot – and in some places, more than rent. Then, we'll smile at the unexpected joy of “swole culture.” And what if, instead of sports metaphors, we used makeup lingo at work?Here's everything we talked about today:“Trump unveils United Kingdom trade deal, first since 'reciprocal' tariff pause” by CNBC“U.S., Britain strike first major trade deal of Trump tariff era” by Axios“Sending 2 Kids to Daycare Costs More Than Rent in Most Major U.S. Metros” from Redfin“Head Start avoids Trump's cuts, but advocates are ready to defend it: ‘There's too much good in this'” by The GuardianLISTEN: “Will you be my nanny?” from “This Is Uncomfortable” “Life of the Mother” by ProPublica“Finding Strength in a Bigger Body” from The Cut“How one writer quit dieting and discovered her strength through weightlifting” by NPRJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
On today's show, Alex and Calvin – briefly rebranded as Kenneth Jerke and Mikhail Shocktin, co-hosts of "Shock Docs" – explore the state of rhetorical manipulation in the context of the second Trump presidency. We discuss the general ineptitude of the conservative movement occupying the White House and the unsettling lack of a powerful counter-rhetoric in the Democratic opposition, before turning to analyze Trump's tariff policy. We discuss how the tariff conversation is a particularly baffling current example in which raw power seems to be operating without legitimation through traditional rhetorical norms.Applying a Critical Discourse Studies lens to understand this moment, we revisit concepts like dialogicality from Mikhail Bakhtin, explaining how discourse can be evaluated based on whether it opens up difference (ie. to what extent it is dialogical) or suppresses difference. We introduce assumptions analysis from Norman Fairclough, which examines what a writer/speaker takes for granted as truth (existential, propositional, and values assumptions) and assumptions can reduce dialogical space for manipulative purposes. As a case study, we analyze an article by left-punching journalist Batya Ungar Sargon titled "Liberation Day puts Main Street ahead of Wall Street" (published in Commonplace). We analyze the ways that Ungar Sargon's manipulative assumptions reframe Trump's tariffs as beneficial for the American worker by ignoring corporate interests and tax policy, misrepresenting political history, and erasing important debates over national security and border policy issues. We conclude with a reminder that it's always better to be a Mikhail Shocktin than a Kenneth Jerke. Texts Analyzed in this EpisodeBatya Ungar Sargon - “Liberation Day puts main street ahead of Wall Street” (published in Commonplace)Works Referenced in this EpisodeFairclough, N. (2003). Analysing discourse (Vol. 270). London: Routledge.Relevant Past EpisodesDiscourse and Manipulation, Pt. 3Discourse and Manipulation, Pt. 2Discourse and Manipulation, Pt. 1re:blurb - Conceptual Metaphorre:blurb - Dialogicalityre:blurb - IdeographsAn accessible transcript of this episode can be found here (via Descript)Episode Image Description: Top text: "re:verb"; Left-center image includes a picture of Critical Discourse scholar Norman Fairclough with a laser beam shooting out of his left eye towards right center image; Right-center image is offset, includes a screenshot of an article titled "Liberation Day Puts Main Street Ahead of Wall Street"; Bottom text: "Discourse & Manipulation pt. 4 - The Economic Assumptions of "Liberation Day""
It's been a month since “Liberation Day,” the day that President Donald J. Trump announced that we would emerge from the oppression of foreign manufacturing. For years, the President declared, we've been “ripped off” by the Chinese and others who have moved American jobs to their shores, producing the goods and products that you and I consume daily.
I ukas #pengepodden snakker Mads med Øystein Kalleklev, tidligere leder i Flex LNG og Avance Gas. De diskuterer status i shippingmarkedet, konsekvensene av tollpolitikken under Trump, og hvilke shippingsegmenter som ser mest lovende ut nå. De diskuterer også utfordringene i Kina og hvordan fremtiden kan se ut for shippingnæringen. Episoden ble spilt inn 29. april.Agenda:(03:56) - Reaksjon på "Liberation Day"(11:38) - Hvordan står det til i Kina?(25:28) - Mest lovende sektor(39:34) - Øysteins planer framoverDenne podcasten skal anses som markedsføringsmateriell, og innholdet må ikke oppfattes som en investeringsanbefaling. Podcasten er kun ment til informasjonsformål og generell spareveiledning. Nordnet tar ikke ansvar for eventuelle tap som måtte oppstå ved bruk av informasjonen i denne podcasten. Les mer på Nordnet.no Hosted on Acast. See acast.com/privacy for more information.
Economic fallacies are like ghost stories for the financially literate: they persist, despite evidence to the contrary. What fallacies might be influencing your real estate and financial decisions?Join me for this episode of Real Estate Lowdown Coffee with Bill as we unravel some of the most entrenched misconceptions shaping our economic landscape.From the aftermath of what President Trump termed "Liberation Day" and the ripple effects of new tariffs to revisiting Alan Greenspan's pre-2008 housing crisis remarks, we'll explore how influential figures can fall into the trap of faulty reasoning. We'll also scrutinize the zero-sum fallacy that perpetuates the notion that one party's gain has to be another's loss, questioning the assumptions that guide our economic thinking and urging a fresh perspective on growth and transactions.Beyond financial fallacies, we of course examine the real estate market's most stubborn misconceptions. Are we really facing a housing shortage, or is that just a narrative spun by those with something to gain? With data in hand, we uncover how increased housing units are outstripping population growth, pointing to a potential oversupply rather than scarcity - underscoring the fallacies maintained by stakeholders whose livelihoods depend on these narratives.Amidst the allure of low interest rates and an era of "free money," we'll dismantle the narrative of cap rates that seemed lower than they should have been.Tune in for a revealing discussion that cuts through the noise to challenge conventional wisdom.First Lien Capital is your investment and resolutions partner delivering security and strong returns while making real impact, and your Special Assets Group for hire delivering customized solutions to your distressed real estate debt scenarios.Schedule a consultation with Bill to ELEVATE (https://billbymel.com/investor/) or REVIVE (https://billbymel.com/advisor/) your portfolio today.To learn more, visit:https://billbymel.com/Listen to more episodes on Mission Matters:https://missionmatters.com/author/bill-bymel/
It's been a month since “Liberation Day,” the day that President Donald J. Trump announced that we would emerge from the oppression of foreign manufacturing. For years, the President declared, we've been “ripped off” by the Chinese and others who have moved American jobs to their shores, producing the goods and products that you and I consume daily.
Inside Wirtschaft - Der Podcast mit Manuel Koch | Börse und Wirtschaft im Blick
Im April ist die Wall Street in ein Loch gefallen. Es folgte Tage des Hin und Hers. Peter Tuchman arbeitet seit 40 Jahren und dem Parkett der New York Stock Exchange. Wie bewertet er - der schon so viele Crashs selbst miterlebt hat - die Lage? “The uncertainty has not changed since the Liberation Day. That doesn't give anybody any security. Its all about confidence. That's my people invest in the markets. The possibility of a massive recession after having such a great couple of years, is keeping people from selling the market off. It's the whole idea of hope.“ Was muss jetzt passieren? “I am hoping that something changes in the next coming days. We are literally at the cross roads where something has to change radically“, sagt der Einstein of Wall Street. Wo gibt es Chancen? “Right now individual stocks are difficult to focus on. Especially when they are not able to give guidance. Food and guns I think are really the best investments. It's just reality”, sagt Tuchman. Alle Details im Interview von Inside Wirtschaft-Chefredakteur Manuel Koch an der New York Stock Exchange und auf https://www.jensrabe.de
It's been a month since “Liberation Day,” the day that President Donald J. Trump announced that we would emerge from the oppression of foreign manufacturing. For years, the President declared, we've been “ripped off” by the Chinese and others who have moved American jobs to their shores, producing the goods and products that you and I consume daily.
With the May FOMC meeting in progress, our analysts Matt Hornbach and Michael Gapen offer perspective on U.S. economic projections and whether markets are aligned.Read more insights from Morgan Stanley.----- Transcript -----Matthew Hornbach: Welcome to Thoughts on the Market. I'm Matthew Hornbach, Global Head of Macro Strategy.Michael Gapen: And I'm Michael Gapen, Morgan Stanley's Chief U.S. Economist.Matthew Hornbach: Today we're talking about the Federal Open Market Committee Meeting underway, and the path for rates from here.It's Tuesday, May 6th at 10am in New York.Mike, before we talk about your expectations for the FOMC meeting itself, I wanted to get your take on the U.S. economy heading into the meeting. How are you seeing things today? And in particular, how do you think what happened on April 2nd, so-called Liberation Day, affects the outlook?Michael Gapen: Yeah, I think right now, Matt, I would say the economy's still on relatively solid footing, and by that I mean the economy had been moderating. Yes, the first quarter GDP print was negative. But that was mainly because firms were frontloading a lot of inventories through imports. So imports were up over 40 percent at an annualized pace in the quarter. A lot of that went into inventories and into business spending. That was just a mechanical drag on activity.And the April employment report, I think, showed the same thing. We're now averaging about 145,000 jobs per month this year. That's down from about 170,000 per month in the second half of last year. So the hiring rate is slowing down, but no signs of a sudden stop. No signs in layoffs picking up. So I'd say the economy is on fairly solid footing, and the labor market is also on fairly solid footing – as we enter the period now when we think tariffs will have a greater effect on the outlook. So you asked, you know, Liberation Day. How does that affect the outlook? Right now we'd say it puts a lot of uncertainty in front of us. on pretty solid footing now. But Matt, looking forward, we have a lot of concerns about where things may go and we expect activity to slow and inflation to rise.Matthew Hornbach: That's great background, Mike, for what I want to ask you about next, which is of course the FOMC meeting this week. We won't get a new set of economic projections from the committee. But if we did, what do you think they would do with them and how would you assess the reaction function one might be able to tease out of those economic projections?Michael Gapen: You're right, we don't get a new set of projections, but New York Fed President John Williams did provide some indication about how he adjusted his forecast, and John tends to be one of the – kind of a median participant.He tends to be centrist in his thinking and his projection. So I do think that that gives us an indication of what the Fed is thinking; and he said he expects GDP growth to slow to somewhat below 1 percent in 2025. He expects inflation to rise to 3.5 to 4 percent this year, and he said the unemployment rates likely to move between 4.5 and 5 percent over the next year. And those phrases are really key. That's the same thing, Matt, as you know, we are expecting for the U.S. economy and I do think the Fed is thinking of it the same way.Matthew Hornbach: So one final question for you, Mike. In terms of this meeting itself, what are you expecting the Fed to deliver this week? And what are the risks you see being around that expectation; you know, that might catch investors off guard?Michael Gapen:I think the Fed's main message this week will be that they're prepared to wait, that they think policy's in a good spot right now. They think inflation will be rising sharply, that the tariff shock is a lot larger than they had anticipated earlier this year. And they will need time to assess whether that inflation impulse is transitory, or whether it creates more persistent inflation. So I think what they will say is we're in a good position to wait and we need clarity on the outlook before we can act.In this case, we think acting means doing nothing. But acting could also mean cutting if the labor market weakens. So I think there'll be worried about inflation today, a weak labor market tomorrow. And so I think risks around this meeting really are tilted in the direction of a more hawkish message than markets are expecting at least vis-a-vis current pricing. I think the market wants to hear the Fed will be ready to support the economy. Of course, we think they will, but I think the Fed's also going to be worried about inflation pressures in the near term. So that, I think, might catch investors off guard.So Matt, what I think might catch investors off guard may be a little misplaced. I'm an economist after all. You're the strategist, you're the expert on the treasury market and how investors may be perceiving events at the moment. So the treasury market had quite the month since April 2nd. For a moment U.S. treasuries didn't act like the safe haven asset many have come to expect. What do you think happened?Matthew Hornbach: So, Mike, you're absolutely right. Treasury yields initially fell, but then spent a healthy portion of the last month rising and investors were caught off guard by what they saw happening in the treasury market. I've seen this type of behavior in the treasury market, which I've been watching now for 25 years. I've seen this happen twice before in my career. The first time was during the Great Financial Crisis, and the second time I saw it was in March of 2020. So, this being the third time you know, I don't know if it was the charm or if it was something else, but treasury yields went up quite a bit.I think what investors were witnessing in the treasury market is really a reflection of the degree of uncertainty and the breadth with which that uncertainty, traversed the world. Both the Great Financial Crisis and the initial stage of the pandemic in March of 2020 were events that were global in nature. They were in many ways systemic in nature, and they were events that most investors hadn't contemplated or seen in their lifetimes. And when this happens, I think investors tend to reduce risk in all of its forms until the dust settles. And one of those very important forms of risk in the fixed income markets is duration risk.So, I think investors were paring back duration risk, which helped the U.S. Treasury market perform pretty poorly at one moment over the past month.Michael Gapen: So Matt, one aspect of market pricing that stands out to me is how rates markets are pricing 75 basis points of rate cuts this year. And just after April 2nd, the market had priced in about 100 basis points of cuts.How are you thinking about the market pricing today? Matt, as you know, it differs quite a bit from what we think will happen.Matthew Hornbach: Yeah. This is where, you know, understanding that market prices in the interest rate complex reflect the average outcome of a wide variety of scenarios; really every scenario that is conceivable in the minds of investors. And, of course, as you mentioned, Mike depending on exactly how this year ends up playing out there, there could be a scenario in which the Federal Reserve has to lower rates much more aggressively than perhaps even markets are pricing today.So, the market being an average of a wide variety of outcome will find it really challenging to take out all of the rate cuts that are priced in today. Or said differently, the market will find it challenging to price in your baseline scenario. And ultimately, I think the way in which the market ends up truing up to your projections, Mike, is just with time.I think as we make our way through this year and the economic data come in, in-line with your baseline projections, the market will eventually price out those rate cuts that you see in there today. But that's going to take time. It's going to take investors growing increasingly comfortable that we can avoid a recession at least in perception this year before, you know, on your projections, we have a bit of a slower economy in 2026.Michael Gapen: Well, it definitely does feel like a bimodal world, where investor conviction is low. Matt, where do you have conviction in the rates market today?Matthew Hornbach: So, the way we've been thinking about this environment where we can avoid a recession this year, but maybe 2026 the risks rise a bit more. We think that that's the type of environment where the yield curve in the United States can steepen, and what that means practically is that yields on longer maturity bonds will go up relative to yields on shorter maturity bonds. So, you get this steepening of the yield curve. And that is where we have the highest conviction; in terms of, what happens with the Treasury market this year is we have a steeper yield curve by the time we get to December.Now part of that steepening we think comes because as we approach 2026 where Mike, you have the Fed beginning to lower rates in your baseline, the market will have to increasingly price with more conviction a lower policy rate from the Fed. But then at the same time, you know, we probably will have an environment where treasury supply will have to increase.As a result of the fiscal policies that the government is discussing at the moment. And so you have this environment where yields on longer maturity securities are pressured higher relative to yields on shorter maturity treasuries.So, with that, Mike, we'll wrap our conversation. Thanks so much for taking the time to talk.Michael Gapen: It's been great speaking with you, Matt.Matthew Hornbach: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.
The Trump administration's "Liberation Day" saw baseline and reciprocal tariffs levied on over 50 different countries, with President Trump arguing this move will force other nations to the negotiating table to make trade fair again for our country. Now, reports are circulating that a number of those countries are in talks to make a trade deal with the U.S. FOX Business Host of Making Money Charles Payne joins the Rundown to discuss the complexity of these ongoing trade negotiations, American consumers' tendency towards buying cheap products from China, and the need for a bipartisan approach to reviving U.S. manufacturing. Europe is celebrating the 80th anniversary of the end of World War II. In London, over a thousand British soldiers, along with troops from the United States and France, participated in a military parade, marking the start of several celebrations this week. President Donald Trump is also aiming to designate May 8th as Victory Day for World War II in the United States. Retired four-star General Jack Keane, who is the Chairman of the Institute for the Study of War and a senior strategic analyst for FOX News, will join to reflect on World War II and discuss the ongoing Russia-Ukraine War. Plus, commentary from FOX News contributor Joe Concha. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
The Trump administration's "Liberation Day" saw baseline and reciprocal tariffs levied on over 50 different countries, with President Trump arguing this move will force other nations to the negotiating table to make trade fair again for our country. Now, reports are circulating that a number of those countries are in talks to make a trade deal with the U.S. FOX Business Host of Making Money Charles Payne joins the Rundown to discuss the complexity of these ongoing trade negotiations, American consumers' tendency towards buying cheap products from China, and the need for a bipartisan approach to reviving U.S. manufacturing. Europe is celebrating the 80th anniversary of the end of World War II. In London, over a thousand British soldiers, along with troops from the United States and France, participated in a military parade, marking the start of several celebrations this week. President Donald Trump is also aiming to designate May 8th as Victory Day for World War II in the United States. Retired four-star General Jack Keane, who is the Chairman of the Institute for the Study of War and a senior strategic analyst for FOX News, will join to reflect on World War II and discuss the ongoing Russia-Ukraine War. Plus, commentary from FOX News contributor Joe Concha. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
Listen on:Apple Podcasts:https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i Watch on: https://www.youtube.com/@WatchdogOnWallstreet/featuredChris presents a “Trilogy of Tariff Terror,” exposing the fallout from U.S. tariffs. He first debunks pro-tariff articles as paid propaganda from agenda-driven think tanks, likening media to a “sewer.” Second, he cites Vizion's trade data showing a widening U.S. trade deficit, a 20% drop in container imports, and slumps in agriculture and auto sectors (e.g., Ford's $2.5 billion tariff hit), with companies like Mattel and Nucor facing exemptions or losses. Third, Markowski warns of a treasury market “flash crash” (10-year yields from 3.9% to 4.56%) post-Liberation Day, risking global financial collapse if U.S. debt credibility falters. He urges fiscal discipline, criticizing a $5 trillion debt ceiling hike, and fears Trump's tariff and tax cut push could break the world economy. www.watchdogonwallstreet.com
In this episode, I spoke with Dr. Robert E. Kelly, who is a professor at the Pusan National University in South Korea. We talked about the recent impeachment of South Korean President Yoon Suk Yeol, changes that we might see to the U.S. - South Korea alliance under Trump, and whether South Korea should develop its own nuclear weapons.But first, Ryan and I talk about April 2nd's liberation day with its unprecedented increase of tariffs on all countries and its impact on both the U.S. and global economy.We also discuss the U.S.'s apparent move to walk away from the Ukraine Peace deal and what that potentially means for the ongoing war between Russia and Ukraine.Topics Discussed in this Episode09:00 - The Fallout from Trump's ‘Liberation Day'34:00 - US walking away from Ukraine Peace Deal?49:00 - Interview with Prof. Robert E. Kelly (Pusan University)Articles and Resources Mentioned in EpisodeThe Fallout from Trump's ‘Liberation Day'Xi Jinping's Trump-sized puzzle (The Economist)Why Trump is losing his trade war with China (Vox)A flight from the dollar could wreck America's finances (The Economist)US walking away from Ukraine Peace Deal?Ukrainian Peace Plan Hints at Concessions, but Major Obstacles Remain (NY Times)Has Trump found a path to peace in Ukraine? (WaPo)Why Ukraine would rather fight on than give Crimea to Russia (The Time of London)Interview with Prof. Robert E. Kelly (Pusan University)WebsiteX: @Robert_E_KellyWhy South Korea Should Go Nuclear (Foreign Affairs)Send us a textFollow Us Show Website: www.kelloggsglobalpolitics.com Show Twitter: @GlobalKellogg Anita's Twitter: @arkellogg Show YouTube
It's been a month since “Liberation Day,” the day that President Donald J. Trump announced that we would emerge from the oppression of foreign manufacturing. For years, the President declared, we've been “ripped off” by the Chinese and others who have moved American jobs to their shores, producing the goods and products that you and I consume daily.
The Trump administration's "Liberation Day" saw baseline and reciprocal tariffs levied on over 50 different countries, with President Trump arguing this move will force other nations to the negotiating table to make trade fair again for our country. Now, reports are circulating that a number of those countries are in talks to make a trade deal with the U.S. FOX Business Host of Making Money Charles Payne joins the Rundown to discuss the complexity of these ongoing trade negotiations, American consumers' tendency towards buying cheap products from China, and the need for a bipartisan approach to reviving U.S. manufacturing. Europe is celebrating the 80th anniversary of the end of World War II. In London, over a thousand British soldiers, along with troops from the United States and France, participated in a military parade, marking the start of several celebrations this week. President Donald Trump is also aiming to designate May 8th as Victory Day for World War II in the United States. Retired four-star General Jack Keane, who is the Chairman of the Institute for the Study of War and a senior strategic analyst for FOX News, will join to reflect on World War II and discuss the ongoing Russia-Ukraine War. Plus, commentary from FOX News contributor Joe Concha. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
US equities were mostly lower in Monday trading, though stocks ended off worst levels. It was a very quiet session with VIX back near pre-Liberation Day levels, volume muted, and limited catalysts in coming weeks. In macro news, April ISM Services came in above estimates, its highest since February 2024.
For today's episode of Buy or Sell, Adam Keily is joined by William Mumford, Deputy Portfolio Manager at Auscap Asset Management. Here are some of the names Adam and Will cover in today's episode:ResmedCSLNick ScaliCAR groupSeekReliance WorldwideBHPRio TintoCommonwealth BankHomeCo Daily Needs REITAnd if you want to hear more from Adam Keily, make sure you check our Comedian v Economist (Apple | Spotify).In Comedian v Economist, Adam is joined by his brother Thomas, a former RBA economist, to break down the macroeconomic stories of the week.In their most recent episode they spoke about Trump's tariffs on Liberation Day, the latest jobs data, what falling liquor sales can tell us about the economy and the collapse in the market for second-hand Teslas.—------Sign up to our daily news email to get the news moving markets delivered to your inbox at 6am every weekday morning. Short, sharp, to the point, it'll get you up to speed in less than 5 minutes.—------Want more Equity Mates?Listen to our basics-of-investing podcast: Get Started Investing (Apple | Spotify)Watch Equity Mates on YouTubePick up our books: Get Started Investing and Don't Stress, Just InvestFollow us on social media: Instagram, TikTok, & LinkedIn—------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —------Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.
Zichen Wang, founder and editor of the Pekingnology newsletter and research fellow and director for International Relations at the Center for China and Globalization (CCG), speaks with Rorry Daniels, managing director of Asia Society Policy Institute, on our latest episode of Asia Inside Out. Wang and Daniels discuss the state of U.S.-China relations one month after “Liberation Day”, the future of the relationship, and the importance of maintaining people-to-people connections. Asia Inside Out brings together our team and special guests to take you beyond the latest policy headlines and provide an insider's view on regional and global affairs. Each month we'll deliver an interview with informed experts, analysts, and decision-makers from across the Asia-Pacific region. If you want to dig into the details of how policy works, this is the podcast for you. This podcast is produced by the Asia Society Policy Institute, a “think-and-do tank” working on the cutting edge of current policy trends by incorporating the best ideas from our experts and contributors into recommendations for policy makers to put these plans into practice.
Despite the tariff turmoil last month, US equities overcame the initial Liberation Day turmoil to end higher over the month. However, as Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International, points out, the rest of the world has been outperforming the US. Investec Focus Radio SA
With markets down at one point nearly 20% in 2025, is this the sequence risk moment we feared? In this episode, we reflect on recent market volatility, how it's impacted our early retirement finances, and whether our original FIRE strategy can still hold up. We also catch up post-Liberation Day and share how our thinking has evolved after real-world stress testing our withdrawal plan. If you're navigating FIRE in 2025—or just wondering what a 20% portfolio loss feels like—this one's for you. Show notes: https://twosidesoffi.com/chaos
On Friday's Mark Levin Show, WJNO's Brian Mudd fills in for Mark. Don't play the left's fear game – President Trump will not fail you on the economy. Some people were panicking after Trump's Liberation Day, but you need to trust the process and stay calm. Ask yourself: Do you believe in this country? Do you believe the country will be better off by the end of Trump's presidency? If you answer yes to both, the current challenges are easier to navigate. This is a temporary situation. The left complains that shelves will be empty, yet we have more inventory today than a year ago. Trump's Great Reset is underway, fundamentally reshaping how America and trade operate. We ended this week, a month removed from Liberation Day, and the S&P traded higher than prior to the tariff announcements. The stock market is on a winning streak and now China wants to work on a trade deal. Also, Trump's next 100 days will define the Trump presidency. Trump is compressing four years of action into four months. The results will unfold over the next 100 days, revealing how America is being made great again. Trump's big, beautiful bill is the most important thing to get passed. It encapsulates his entire agenda in one package. Getting a permanent policy in place is critical. Finally, Pope Francis' passing is an inflection point for Christianity and the world. Pope Francis advocated for the left's social constructs. There's no room for progressivism in Catholicism. God's word and work doesn't change, progressivism does. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Robert Lighthizer, who served as U.S. trade representative in Donald Trump's first term, sits down with Margaret Hoover to discuss the president's trade agenda, his use of tariffs, and their impact on the economy.Lighthizer, author of No Trade Is Free, explains why he favors “balanced trade” over free trade and makes his case that tariffs can revive American manufacturing. He tells Hoover why he doubts chaos in financial markets will unseat the dollar as a global reserve currency, but he argues a weaker dollar could have benefits.A longtime critic of NAFTA and open trade with communist China, Lighthizer credits Trump for changing the debate about trade in America and trying to solve the problems caused by globalization. He also challenges critics who say tariffs are the wrong approach to come up with a viable alternative.Lighthizer assesses the potential for tariffs to drive up consumer prices and whether they could fuel broader inflation. He admits Trump's implementation of his “Liberation Day” tariffs was not perfect, and he reflects on whether he would join the new administration if asked.Support for “Firing Line for Margaret Hoover” is provided by Robert Granieri, Vanessa and Henry Cornell, The Fairweather Foundation, Peter and Mark Kalikow, Cliff and Laurel Asness, The Meadowlark Foundation, The Beth and Ravenel Curry Foundation, Charles R. Schwab, The Marc Haas Foundation, Katharine J. Rayner, Damon Button, Craig Newmark Philanthropies, The Philip I Kent Foundation, Annie Lamont through The Lamont Family Fund, The Susan Rasinski McCaw Fund, Cheryl Cohen Effron and Blair Effron, and Al and Kathy Hubbard. Corporate funding is provided by Stephens Inc.
It's been a month since Donald Trump celebrated his “Liberation Day,” announcing a wide range of what he called reciprocal tariffs on a number of countries, with China facing the steepest. Since then matters have been on a roller coaster ride as the President first fiercely defended the plan and then paused it for most countries except China. While fears about the impact on the U.S. and the world have escalated, the economy seems to be toddling along. But great uncertainty remains - not just on tariffs but on the scope and scale of Republican tax plans and the budget. On this episode of Free Expression, Director of the National Economic Council of the United States Kevin Hassett discusses the latest job numbers to come out, how the tariffs began as a place of negotiation, and how the tax plan is progressing through Congress. Learn more about your ad choices. Visit megaphone.fm/adchoices
U.S. tariffs on auto parts kick in as ongoing U.S. trade war affects jobs in the United States.Australia's national broadcaster, ABC, projects incumbent Anthony Albanese, will win the country's general election.Conservative Party of Canada leader Pierre Poilevre to run in Alberta by-election after losing Ottawa-area seat in federal election.Canadian veterans in the Netherlands mark 80th anniversary of Liberation Day.
This is our weekly market update, where we start in the US, cross to Europe and Asia, and end in Australia, covering crypto and commodities along the way. It has been another momentous week on the markets, having fallen hard in reaction to Trump's Liberation Day tariffs, but which have now clawed back most of … Continue reading "Bluster or Beef? – The “There And Back Again” Market Crash!"
The U.S. economy shrank in the first quarter of 2025, according to data released this week, and public companies on their earnings calls have recently warned about tariff effects, slowing consumer spending, and coming price increases. On the other hand, the jobs figures for April look solid. Yet nobody knows whether President Trump's Liberation Day tariffs are coming back. Learn more about your ad choices. Visit megaphone.fm/adchoices
The April jobs report gave us our first snapshot of the U.S. economy post-Liberation Day tariffs. As unemployment held steady and the job growth beat expectations, many economists are reading this report with a sigh of relief. FOX Business correspondent Gerri Willis speaks with Bankrate Senior Economic Analyst Mark Hamrick to break down the better-than-expected report and what this positive reading means for the impact of Trump's tariff and trade policies. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
May 2025 might go down as the most pivotal month of Donald Trump's second presidency. The post-Liberation Day disruption gave him room to play the chaos card — but that only lasts so long. Now it's time to deliver. And according to what the White House is telling Congress behind closed doors, a lot is in motion. Sixty countries are either actively negotiating trade terms or exchanging paperwork with the administration. Congress is being told these deals won't require their approval, which Congress, for the record, does not agree with. But this is Trump we're talking about — when has he ever waited for a vote?Still, the big names you'd expect — China, Canada, Mexico — aren't in the mix. China's radio silent, Mexico and Canada are being folded into existing USMCA renegotiations. That leaves three countries reportedly close to a deal: the United Kingdom, Australia, and most importantly, India. India isn't just geopolitically important — it's the key to rewriting how America competes with China. A deal there could shift the entire narrative.Why India Matters More Than You ThinkIndia is the crown jewel of this effort. There's personal chemistry between Trump and Modi, which helps. JD Vance just visited India, and his family ties only reinforce the good vibes. But this isn't just a soft power thing. India offers cheap manufacturing, which Trump badly needs to offset Chinese trade disruption. If you're going to tell a story about reindustrializing America and cutting reliance on Beijing, India is where you start.There's also the intellectual property angle. India doesn't have the same IP hang-ups as China, which means Trump could insert protections into this deal and claim it as a model for future negotiations — including, eventually, with China. It's the kind of pivot that's both symbolic and real. Add in niche export wins — like bourbon or Harley-Davidsons, which have demand in India but face big trade hurdles — and suddenly you've got tangible proof of progress.Fast Deals, Reversible WinsHere's the catch: none of these deals are expected to go through Congress. They're handshake deals. That means they can be reversed at any moment — by Trump himself. And that's kind of the point. Trump wants to touch every single part of the negotiation. No detail moves without his approval. That gives him the power to declare victory on anything, even if the actual text doesn't amount to much.So the real question isn't whether Trump can get a deal. It's whether he can get one that's meaningful — and fast. Because right now, the administration needs wins. Not headlines. Not vibes. Wins. The stock market is shaky, the trade war with China is frozen, and the White House knows it's currently heading into the midterms with a record that still feels unsettled. India might be the win they've been waiting for. But if it doesn't land soon, the window to define this presidency might close a lot faster than anyone expects.Chapters00:00:00 - Intro00:00:15 - Tariff Negotiations00:10:11 - Worst State Party Draft, part one00:41:37 - Update00:42:36 - Mike Waltz Goes to the U.N.00:44:48 - Alien Enemies Act Ruling00:48:55 - Ukraine Mineral Deal00:51:55 - Worst State Party Draft, part two01:34:53 - Wrap-up This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.politicspoliticspolitics.com/subscribe
Hannah Sell, the general Secretary of the Socialist Party, discusses the chaos unleashed on the world economy by Donald Trump's ‘liberation day' tariffs. What is the logic of the massive tariffs introduced by Trump? Despite appearances, it is not simply a question of a crazy billionaire having got the keys to the White House. Trump reflects the decline of US imperialism, still the strongest power on the planet, but increasingly less able to set the framework for the world. During Trump's first term and under Biden, tariffs and protectionist measures increased, in an attempt to protect US markets from its global rivals. ‘Liberation Day', however, was on a qualitatively different scale. Trump and his co-thinkers had drawn the conclusion that it is necessary to launch an offensive ‘knock-‘em-down, drag-‘em-out' economic fight to defend US capitalism against its competitors, above all China. When the theatrics and fantastical hyperbole now associated with the Trump presidency are set to one side, the tariff war launched on April 2 boils down fundamentally to an attempt to appropriate to US capitalism a larger share of value from the world economy at the expense of its ‘trading partners', “friend and foe alike” as Trump himself puts it. Read more: Trade wars and the workers' movement An Editorial of Socialism Today, the monthly magazine of the Socialist Party www.socialistparty.org.uk/articles/138333/01-05-2025/socialism-today-editorial-trade-wars-and-the-workers-movement/ Trump's tariff turmoil An editorial of the Socialist, the weekly paper of the Socialist Party www.socialistparty.org.uk/articles/137831/14-04-2025/trumps-tariff-turmoil/ More Info - Click here for all your Socialist Party links: linkin.bio/socialistparty/ We need your help campaigning! The establishment political parties have the backing of the capitalist elites. We need to build a mass movement of working class fighters to take them on. Find out more details about your local campaigns and how you can help by filling in this form: www.socialistparty.org.uk/join The Socialist Party has no big-business backers, so we rely on your donations to fund all our campaigns. Donate at www.socialistparty.org.uk/donations/donatejune2025/ Subscribe to our weekly paper, ‘The Socialist', and our monthly magazine ‘Socialism Today': www.socialistparty.org.uk/subscribe-2/
The April jobs report gave us our first snapshot of the U.S. economy post-Liberation Day tariffs. As unemployment held steady and the job growth beat expectations, many economists are reading this report with a sigh of relief. FOX Business correspondent Gerri Willis speaks with Bankrate Senior Economic Analyst Mark Hamrick to break down the better-than-expected report and what this positive reading means for the impact of Trump's tariff and trade policies. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
This week, Roqayah and Kumars are joined by returning guest Amanda Yee, an independent journalist and organizer based in Brooklyn. Amanda is also the co-host of The China Report on BreakThrough News and the managing editor of Liberation News. Her writing has appeared in Monthly Review Online, The Real News Network, CounterPunch, and Peoples Dispatch. Amanda talks us through the implications of Trump's “Liberation Day” tariff war on the global market as well as its impact on China, which has inflicted a 125% tariff on US products. Amanda discusses China's defensive economic strategy under the leadership of Xi Jinping's, which has helped prepare China for a market showdown with the United States, and how China will weather potential setbacks. The crew also delves into China's cultural exchange of ideas and the deprogramming of Americans—namely on social media platforms like the Chinese platform RedNote—which has undermined the United States' dissemination of anti-China propaganda. You can follow Amanda on Twitter @radiofreeamanda and you can also follow Amanda's work over at The China Report. If you want to support the show and receive access to tons of bonus content, including Roqayah's new weekly column “Last Week in Lebanon,” you can subscribe on our Patreon for as little as $5 a month. Also, don't forget to subscribe, rate, and review the show on Apple Podcasts. We can't do this show without your support!!!
Spring, they say, can really hang you up the most―and that's the tune that's played out in the markets so far, in the wake of Liberation Day. Might the proposed tariffs lead to a recession? How should investors position their portfolios amid uncertainty? Take a listen to what Matthew D. Miskin, CFA, our co-chief investment strategist, has to say.
Today's slide deck: https://bit.ly/42V3jy8 - Today we look at the remarkable degree to which the market has continued to climb the wall of worry, the risk to gold prices over the next several trading days, what the market is looking for next from earnings and Trump administration policy as volatility has dropped across most assets and much more, including some links to great content for further reading in the slide deck. Hosting today's pod is Saxo Global Head of Macro Strategy John J. Hardy. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo.
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureTrump sends a message to the Canadian people, letting them know that when they are done with Carney you can become the 51st state. Students now have to pay back their loans. [CB] panic. [CB] pushing fake news to bring down the economy, big fail. Gold/Bitcoin is shining bright, the Fed is becoming irrelevant. This is the [DS] last stand, Trump and the team are making them so desperate that they are committing treason and sedition. Trump is now calling for the arrest of those who used the autopen. Follow the pen which will lead everyone to who is financing the entire operation. In the end the people are going to see the truth and once this happens the game is over. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy BORDER. ALL POSITIVES WITH NO NEGATIVES. IT WAS MEANT TO BE! America can no longer subsidize Canada with the Hundreds of Billions of Dollars a year that we have been spending in the past. It makes no sense unless Canada is a State! https://twitter.com/unusual_whales/status/1916719273407627329 isn't going to be any loan forgiveness program." https://twitter.com/WallStreetApes/status/1916824047771373804 “Trump is an economic terrorist” says ex-central bank president The former head of the Dutch central bank, Nout Wellink, has called US president Donald Trump an “economic and political terrorist” for unleashing a trade war with China and pivoting towards Russia over its invasion of Ukraine. “The Chinese have been preparing methodically,” Wellink said. “Actually they were already doing so when I was working there. “They've been diverting trade flows away from America. They're aware that technology is going to be cut off and they'll have to develop their own.” . Source www.dutchnews.nl Trump Trade War Update: Firm Predicts 'Empty Shelves' And Recession By June Apollo Global Management Chief Economist Torsten Slok on Sunday released a report outlining the timeline for Trump's tariffs to result in empty shelves, layoffs in the trucking and retail sector and a recession this summer. Trump announced his "liberation day" tariffs on April 2 and it takes about 20-40 days for container ships to sail to the U.S. from China, according to Apollo. Slok estimates that container ships coming to U.S. ports could come to a stop by mid May. It then takes about 1-10 days of transit time for trucking/rail to bring goods from the ports to cities. Apollo Global Management predicts that my late May domestic freight demand will "come to a halt" and that there will be "empty shelves" with companies responding "to lower sales." By early June, Slok forecasts there will be layoffs in the the domestic freight and retail industries with a recession hitting the U.S. this summer. Source: ibd.com White House says Trump would veto effort to eliminate 'Liberation Day' tariffs The Trump administration issued a formal veto threat Monday morning regarding a bipartisan resolution that would terminate the president's emergency powers underpinning his sweeping global tariffs. The Senate is set to vote as early as this week on a resolution to rescind Trump's national emergency declaration justifying the imposition of broad tariffs on imported goods. The White House Office of Management and Budget (OMB) said the president would veto the resolution in the event the resolution makes it to his desk, according to a statement of administration policy exclusively obtained by the Daily Caller News Foundation. "There can be no doubt that S.J. Res.
Over the weekend President Trump suggested that with the "bonanza" created by his "Liberation Day" tariff plan, taxes on Amerians making $200K or less may be sharply reduced...or even eliminated. Can it be done? Also today: Saudis to buy $100 billion in US weapons. What could go wrong?