#TrumpVsMusk đ„Global Markets on Edge: Tariffs, Political Feuds, and Economic Uncertainty Shape the Dayâ
Todayâs Market Highlights:
1. The feud between Donald Trump and Elon Musk escalates as Trump threatens to revoke government contracts tied to Muskâs companies over disagreements on tax policy.
2. U.S. stocks rebounded from recent tariff-driven losses, but ongoing trade tensions are expected to keep investor sentiment cautious.
3. The Swiss francâs strength is pushing Switzerland back toward deflation, as investors pile into assets, warns analyst Mike Dolan.
4. Major central banks are finding it harder to forecast accurately due to the growing uncertainty caused by U.S. tariffs.
5. The global automotive supply chain faces increased vulnerability, with control now heavily concentrated among a few Chinese regulators.
#MarketUpdate #TradeTensions #CentralBankChallenges #GlobalEconomy