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Wall Street Faces Turbulence Amid Policy Chaos and Trade Tension
Wall Street Faces Turbulence Amid Policy Chaos and Trade Tension
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The Dow Jones is on track for its worst April since the Great Depression. The S&P 500’s performance under President Trump is now the worst for any president this far into office. This is due to a mix of policy chaos, trade tension, and collapsing investor confidence. Trump’s return to the White House and his conflict with Federal Reserve Chairman Jerome Powell have exacerbated market fears. There are concerns that Trump might fire Powell, further heating up the already confused market. Investors are witnessing a drop in corporate earnings, with many companies warning that tariffs are affecting future profits. Trade negotiations are dragging on, and most market participants do not expect quick results.
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