Trump’s trade war triggers stock market drama: stock markets overthrow

Trump’s trade war triggers stock market drama: stock markets overthrow

Investors are in shock. Not just the Cryptoma market suffers from strong pressure – the traditional stock markets also have to accept massive losses. The price losses are so extreme that it seems that the volatility of cryptocurrencies has expanded to Wall Street.

A recovery seemed to be indicated yesterday, but the short optimism was completely wiped out: Billions of the stock market value were fizzled out again.

The largest course correction on the US exchange since March 2020

The largest course correction on the US exchange since March 2020

Worldwide stock markets fall off

The location of the financial markets is serious. Like this morning in the Bitcoin news reports, the cryptoma market is also in the crisis. It looked briefly after a recovery, but a new escalation in the trade war, which was sparked by Donald Trump, literally let the markets crash – also on Wall Street.

Yesterday, the former US President announced an immediate increase in import tariffs to Chinese products to 104 %-a tough reaction to China’s countermeasures with tariffs of 34 %.

The S&P 500, the world’s most important stock index with the 500 largest US companies, lost $ 2.3 trillion value within a few hours. The day ended with a minus of 1.6 %, with which the day winnings previously achieved were completely wiped out.

Since the all -time high in February, the S&P 500 has already lost 19 % – a direct episode of the escalating trade dispute.

Other large indices are also affected: the Dow Jones fell by 0.8 %, the Nasdaq Composite by 2.1 %. In Asia, the Nikkei index in Tokyo fell by around 3.5 %.

The concern among investors is growing that the trade conflict could continue to worsen. Trump had announced new tariffs against almost all global trading partners the previous week – the world is now waiting for the counter -reactions of other countries.

A “nightmare situation” for investors

In times of crisis, investors usually flee in government bonds. But this time everything is different: The returns on US state bonds are rapidly increasing-since January 3. by a full 10 %. The analysts of The Kobeissi Letter Speaking of a “nightmare situation” in which the entire financial system reaches its limits.

Gold, which recorded losses three days in a row last week, is once again a safe harbor – with a price increase of 2 %.

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