Reported 2 days ago
Recent jobs data revealing weak growth has shaken Wall Street's confidence, prompting a retreat in equity markets and a shift towards safer government bonds. Investors are increasingly worried about the implications of ongoing tariffs and a potential recession, leading to heightened speculation over forthcoming interest rate cuts by the Federal Reserve. The market's reaction underscores the growing unease surrounding geopolitical tensions and economic policies, reflecting a stark contrast to previous months of relative calm.
Source: YAHOO