Global Market Meltdown Deepens; Trump Retains Tariff Stance

Global Market Meltdown Deepens; Trump Retains Tariff Stance

On today's podcast:

1) The carnage in financial markets unleashed by President Donald Trump’s tariffs is continuing unabated as equities get pummeled and US stock futures show that last week’s $5 trillion wipeout isn’t over.

2) President Donald Trump and his economic team dismissed investors’ fears of inflation and recession, offering no apologies for the market turmoil sparked by sweeping global tariffs and defiantly insisting a boom is on the horizon.

3) Traders expect the Federal Reserve to slash interest rates another five times this year as the US administration’s trade tariffs ignite fears of a global recession.

See omnystudio.com/listener for privacy information.

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Episoder(1722)

Oil Falls; Tech Stocks Slump; Big Jobs Report on Tap

Oil Falls; Tech Stocks Slump; Big Jobs Report on Tap

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US and Iran Talk in Doha; Trump's $1.4 Billion Crypto Haul

US and Iran Talk in Doha; Trump's $1.4 Billion Crypto Haul

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1 Jul 20min

Iran Wants Hormuz Control, Birthright Citizenship Decision Due

Iran Wants Hormuz Control, Birthright Citizenship Decision Due

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30 Jun 15min

US, Iran Halt Attacks; Supreme Court to Rule on Trump Cases

US, Iran Halt Attacks; Supreme Court to Rule on Trump Cases

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29 Jun 15min

Daybreak Weekend: US Jobs, Wimbledon Tournament, Vietnam Eco

Daybreak Weekend: US Jobs, Wimbledon Tournament, Vietnam Eco

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26 Jun 38min

Ship Attacked in Hormuz; Quake Devastates Venezuela

Ship Attacked in Hormuz; Quake Devastates Venezuela

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26 Jun 17min

Senate Reverses Course on Iran; Micron Soars on Forecast

Senate Reverses Course on Iran; Micron Soars on Forecast

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25 Jun 16min

Mamdani Allies Sweep Primary Elections; Trump Pushes Back On Iran

Mamdani Allies Sweep Primary Elections; Trump Pushes Back On Iran

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Three candidates endorsed by Zohran Mamdani swept to victory in Democratic congressional primaries on Tuesday, showing...

24 Jun 14min

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