THE fears of a commercial war and the Fear of an American recession they do Trete the bags. The European financial squares they all close in declinewith Milan who retreats of the 0.95% And Frankfurt of1.69%. Wall Street in deep redweighed down by collapse of Teslawho arrives to lose the 15%and from Difficulty of other hi-tech companiesthe so -called Magnificent 7. Heavy also the Bitcoinwhich slips under the 80,000 dollarsto the minimums since last Novemberwhile the WTI oil Closes in drop of 1.51% to 66.03 dollars per barrel.
The investors they look with growing worry to the effects of Donald Trump policies onAmerican economyfearing a slowdown If not even one setback due to duties. THE’entry into force of Chinese rates on some American agricultural and food products and the threat of the Canadian state of the Ontario Of cut electricity To the United States – There are the confineers in the viewfinder New York, Minnesota and Michigan – are feeding on one Commercial war without exclusion of shots. A conflict that could make a very high price atAmerican economyregardless of Interest rates cuts from the Fed.
Even without excluding the possibility of a recession this year, the American president He talked about a “Transition period” and of settling for the economyinviting to calm: “We are doing great things”said Trumprejecting the requests of greatest clarity on duties. “They always say it. Everything is very clear “minimized. The Howard Lutnick trade secretary tried to reassure the markets by saying that “There will be no recession”but his words have not convinced.
The prevailing is the fear that the picture outlined by the Fed of Atlanta concretizes, with the GDP that could contract by 2.4% in the first quarterthe worst performance fromIt was Covid.
According to the economiststhe American economic perspectives have deteriorated. JpMorgan provides for a Risk of recession in 2025 at 40%upward compared to 30% of the beginning of the year. “Let’s see a material risk that the United States slips into recession this year following the American radicals”they warned the bank analysts. Goldman Sachs has revised up from 15% to 20% The chances of recession in the next 12 monthswarning that they could further increase if theTrump Administration will continue on the same line, even in the face of a worsening of cheap data. At home Morgan Stanleythe growth forecasts they were downward magazineswhile the inflation expectations I’m in rallya dangerous mix that makes one as possible stagflation.
There Failure to denote Trump of Trump on the hypothesis recession (He limited himself to saying “detesting these things”) has nervous even more Wall Streetdoing sink the price lists in the first session after theirs worse week since September. Dow Jones And S & P 500 they came to lose over 2%while the Nasdaq has sunk over 4%burning more than 1000 billion dollars.
THE’wave of sales above all hit the banks and the big tech. Citigroup, Morgan Stanley and Goldman Sachs they lost over 4%. Among the Magnificent 7, Tesla leads the fallscoming to lose More than 14%penalized by Sales collapse in China and from thePolitical commitment of Elon Muskconsidered by investors a distraction from the guide of his companies.
In addition to Tesla’s difficultythe billionaire must also face a “Massif Cyberattacco” against X. «We are attached every day, but this is done with many resources. They are involved either a large and coordinated group or a country “said the First Buddy by Trump.
The Tesla thud drag the others upside down Magnificent 7: Apple, Meta, Alphabet, Nvidia and Amazon pardon over 5%While Microsoft Limit losses to 3.5%.