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2naSalit

(104,739 posts)
Fri Jun 12, 2026, 07:06 PM Jun 12

USA in PANIC - Market Crashes, China Takes Tourism Crown, Economist: Fed Must Give Bad News - House of El



When a strong jobs report crashes the market, China overtakes America in tourism, and The Economist warns the Fed must deliver bad news to Trump, the data is telling a story no administration can spin away.

📉 The Nasdaq fell 4.18% after a strong May jobs report erased hopes for interest rate cuts.
🏦 The Federal Reserve is trapped between inflation, market instability, and a slowing economy.
🔥 Oil above $100, sticky inflation, and high Treasury yields are forcing markets to reprice violently.
💸 Nvidia lost $300 billion in one session as the semiconductor and AI trade came under pressure.
🇨🇳 China has overtaken the United States as the world’s largest travel and tourism economy.
✈️ The “Trump slump” in US tourism reflects travel bans, visa scrutiny, enforcement fears, and declining global confidence.
⚠️ The prediction: the Fed either holds with hawkish guidance or hikes — and either path brings more pain.
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USA in PANIC - Market Crashes, China Takes Tourism Crown, Economist: Fed Must Give Bad News - House of El (Original Post) 2naSalit Jun 12 OP
I'm betting on inflation. multigraincracker Jun 12 #1
We did the same. bamagal62 Jun 12 #2
Dollar enid602 Jun 12 #3
The "crash" mentioned was a week before the video was published muriel_volestrangler Jun 13 #4

multigraincracker

(38,296 posts)
1. I'm betting on inflation.
Fri Jun 12, 2026, 07:32 PM
Jun 12

Sold all of my stocks and put the money in a money market account based on treasuries. Can move money out and in as much as I want.
When stocks get cheap enough I can move back into stocks.

muriel_volestrangler

(106,823 posts)
4. The "crash" mentioned was a week before the video was published
Sat Jun 13, 2026, 03:42 PM
Jun 13

and it has made back about half the "crash" since then. Closing point on Friday was still above any value from 22nd May or earlier.

https://uk.finance.yahoo.com/quote/%5ENDX/

The wider S&P 500 is above any value from 12th May or earlier:

https://uk.finance.yahoo.com/quote/%5EGSPC/

That doesn't seem like "panic" to me. Yes, tourism is suffering from Trump's policies.

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