After Trump announced the "Liberation Day" tariffs, there was a global stock market crash. Within two days S&P 500 lost 10%. On April 3, it shed almost 5%, which was the 5th largest single-day percentage decline since 1950.
Following Israel's attack on Iran, S&P futures are not even 100 pts down at midnight Eastern time. 1.6% drop, on average, occurs 10-12 times per year. Markets appear sanguine about this event.
After Trump announced the "Liberation Day" tariffs, there was a global stock market crash. Within two days S&P 500 lost 10%. On April 3, it shed almost 5%, which was the 5th largest single-day percentage decline since 1950.
Following Israel's attack on Iran, S&P futures are not even 100 pts down at midnight Eastern time. 1.6% drop, on average, occurs 10-12 times per year. Markets appear sanguine about this event.
Meh. #finance
BY Random Thoughts
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"Someone posing as a Ukrainian citizen just joins the chat and starts spreading misinformation, or gathers data, like the location of shelters," Tsekhanovska said, noting how false messages have urged Ukrainians to turn off their phones at a specific time of night, citing cybersafety. "The inflation fire was already hot and now with war-driven inflation added to the mix, it will grow even hotter, setting off a scramble by the world’s central banks to pull back their stimulus earlier than expected," Chris Rupkey, chief economist at FWDBONDS, wrote in an email. "A spike in inflation rates has preceded economic recessions historically and this time prices have soared to levels that once again pose a threat to growth." Again, in contrast to Facebook, Google and Twitter, Telegram's founder Pavel Durov runs his company in relative secrecy from Dubai. Pavel Durov, Telegram's CEO, is known as "the Russian Mark Zuckerberg," for co-founding VKontakte, which is Russian for "in touch," a Facebook imitator that became the country's most popular social networking site. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30.
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