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Foreign Affairs
Related: About this forumUSA 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 worlds 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.
📉 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 worlds 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
multigraincracker
(38,296 posts)1. I'm betting on inflation.
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.
bamagal62
(4,655 posts)2. We did the same.
enid602
(9,788 posts)3. Dollar
Just hope the greenback doesnt go way down in value precipitously.
muriel_volestrangler
(106,823 posts)4. The "crash" mentioned was a week before the video was published
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.