Utter misery on Wall St, Trump’s new move

News.com.au - 22/04
Absolute misery is playing out in the global economy today — including on the ASX — as stock markets take another pounding over comments made by Donald Trump.

Absolute misery is playing out in the global economy today — including on the ASX — as stock markets take another pounding over comments made by Donald Trump.

In a sign that the world is growing even more volatile gold prices hit a fresh record overnight — while the US dollar tumbled further along with shares on Wall Street as the US President slammed Federal Reserve Chair Jerome Powell.

Mr Powell is the head of the US’ central bank and he has expressed grave concerns about the economic impact of President Trump’s policies, especially the implementation of global tariffs.

He warned that these tariffs could lead to stagflatio...
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