Quotes
We have had a Liz Truss moment here in the UK. Could we have a Labour version of that? Possibly. I think it’s quite likely.”
Robson said
Tariff measures clearly represent a significant risk to the global outlook at a time of sluggish growth.”
Kristalina Georgieva, the chief of the International Monetary Fund, also warnedIf Trump doesn’t course-correct, this crisis will affect many different areas in global markets,
said Harald Berlinicke, a partner at Sarnia Asset ManagementTrump’s tariffs could deal a double blow to the UK – stalling global growth while fuelling inflation. That’s a nightmare for any chancellor trying to stabilise debt. If markets lose confidence in the UK’s fiscal path, a gilt sell-off isn’t just possible – it’s probable.”
He addedTrump’s tariff blitz risks triggering a global stagflation shock – and for the UK, that’s a recipe for a gilt crisis,
he saidIf you think about the problem of being very indebted, you can be as indebted as you like as long as your nominal growth is higher than your interest rate.”
He saidRisks of recession have clearly gone up. I don’t see why there won’t be a recession at the moment. It’s difficult to see what the solution is unless America walks back on this,
he saidThe idea that this is a business-friendly administration - that's broken.
Kasman was blunt
China played it wrong, they panicked — the one thing they cannot afford to do,
Trump wrote Friday on Truth Social
We will, MAKE AMERICA GREAT AGAIN!!!
Trump wroteChina has been hit much harder than the USA, not even close,
Trump wroteWe are bringing back jobs and businesses like never before. Already, more than FIVE TRILLION DOLLARS OF INVESTMENT, and rising fast! THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN,
Trump wroteHANG TOUGH, it won’t be easy, but the end result will be historic,
Trump wroteThis is not a case of the market doing something crazy - the world has changed,
Ben Inker, a protégé of Jeremy Grantham and co-head of asset allocation at GMO, told BloombergSo many people have looked at the markets and
Norton sharedThe market is bleeding and more pain is clearly coming as this escalating trade war risks pushing the US economy into a recession,
Luca Paolini, chief strategist at Pictet Asset Management said over the phone
How bad will it get for the economy? With so much uncertainty swirling, stocks are selling off and that’s signaling that investors see both economic and profit growth slowing because of the trade war,
said Adam Sarhan, founder of 50 Park InvestmentsA good jobs report won’t be enough to quell recession fears because it’s backward-looking and won’t full give insight into how hard the economy will take a hit from the trade war,
said Scott Ladner, chief investment officer at Horizon InvestmentsWithout a doubt, where we’re sitting here it is under review and has been under review for awhile,
John Stoltzfus said on Bloomberg Television FridayONLY THE WEAK WILL FAIL!” as $6 trillion in value was wiped out in two days
he posted on Truth Social on Friday