Early in the morning, the entire market collapsed, thanks to Trump😅
Trump issued an ultimatum to 8 European allies over the weekend, threatening to impose a 25% tariff if they did not support his acquisition of Greenland. This move has triggered extreme concerns in the market about the disintegration of NATO and the collapse of the global trade order.
Additionally, the expected candidate for the next Federal Reserve Chair, Hassett, who is currently the chief economic advisor to the U.S., stated that Trump might keep her in her current position, which has made the selection of the next Federal Reserve Chair uncertain, shaking the confidence of the bulls.
I have noticed that every major drop has Trump's shadow; if Trump initiates another round of tariff wars like last April, then there will be cheap chips available, of course, I'm referring to
