Bill Ackman Criticizes Heavy Use of Leverage in the Markets
March US Producer Price Index, Core PPI Both Decline Unexpectedly, Year-Over-Year Rates Slow
US Morning News Call | China Raises Tariffs on U.S. Goods to 125%
China Raises Retaliatory Tariffs on U.S. Goods to 125%
Express News | China announces additional tariff measures on U.S. goods, increasing tariffs on U.S. imports from 84% to 125%, effective April 12.
Trump's pause on the "tariff war" is useless! JPMorgan: The US stock market will continue to pull back, with uncertainty being the key.
①David Kelly, Chief Global Strategist at JPMorgan Asset Management, warned that despite President Trump postponing "reciprocal tariffs," the uncertainty around tariffs will still weigh down US stocks; ②Kelly believes that the biggest tax imposed on the US economy by Washington currently is the "tax of uncertainty," causing companies to halt hiring and cut costs due to unpredictability.
