From Yahoo Finance: 2025-04-05 12:17:00

President Trump’s tariffs led to a significant stock market drop, causing concern about a potential recession. Bill Gross, a veteran Wall Street investor, suggests buying opportunities may arise. The Fed’s dual mandate to control inflation and unemployment complicates monetary policy. Unemployment is rising, with 275,000 job losses in March.

Inflation concerns led the Fed to initiate restrictive interest rate hikes, impacting job growth. The economy faces uncertainty, exacerbated by Trump’s tariff decisions. Bill Gross’s market experience suggests caution is needed. Negotiations to lower tariffs may ease the economic impact, but Trump’s stance remains firm. Fed Chair Powell hints at possible rate cuts.



Read more at Yahoo Finance: Legendary fund manager sends blunt 9-word message on stock market tumble