Investors are holding record levels of cash ($7.3 trillion), indicating significant caution and potential for further market downside. Concerns about the Trump administration’s tariffs and policy uncertainty, including the threat of universal tariffs, are weighing on market sentiment. S&P 500 recorded its biggest one-day drop since December. Wall Street Indexes have recovered overnight but investors […]
The dollar strengthened, and stocks fell after statistical data from the US. The focus was on the preliminary estimate of GDP for the first quarter. Annualised quarterly growth came in at just 1.6%, down from the 2.5% and 3.4% previously forecast. Disappointment increased given that exceeding forecasts has become the norm. GDP growth for the […]
The post US Economy: Slower Growth With Stronger Inflation appeared first on Action Forex.
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