All the gains post the US Prez inauguration have been eradicated plus some, several of the indices such as the S&P 500 are down up to 10% from the November and December highs, the VIX is at a record high, looks as though the US will score a record trade deficit as importers stockpiled in advance of tariffs, inflation in the US is back up to 3% and expected to rise, interest rate cuts have been paused, US consumer confidence has dived and manufacturers are cutting back through uncertainty of how they will get hot next. What a mess.
Donald Trump has no interest in the domestic economy and even his supporters are beginning to question his commitment to bring prices down as egg prices soar out of control among a shortage and rationing. His honeymoon shows signs of having ended. Not a good time for struggling businesses trying to prove their business model
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