They say that Donald Trump’s advisors have advised him to channel the anger in his social network with messages against immigrants and leave the issue of tariffs and his harassment to Jerome Powell, president of the Federal Reserve (Fed). This Tuesday followed these coordinates and stock indices in the New York parques enjoyed a session marked by the increases, as well as other positive signals such as the improvement of the treasure bonds and a rebound of the dollar that, despite everything, continued close to its minimum in three years. The New York Stock Exchange rates recover land while gold continues to mark recordsla lack of new white house movements in this field helped underpin the feeling of investors and allowed the market to recover a bit. Another influence for calm was the words of Scott Besent, secretary of the Treasury, who told a group of investors that a tariff confrontation with China is unsustainable. As Bloomberg News advanced, Besent said that an agreement between the two commercial leaders in the world is possible. He insisted that he is waiting for a decala of the tensions, although he acknowledged that the negotiations have not yet begun, as was demonstrated on Monday with the new outburst of President Trump against Powell, the fragility is more than palpable. Only a comment is enough for twice to be won. Experts are convinced that throwing Powell would do nothing but aggravate that lack of confidence and it would be an invitation to shoot inflation and the labor market lost bellows. Precisely the fragility of the bonds and the dollar have made the gold the undisputed winner of the agitation fueled by the tax driven by Trump throughout this month. The precious metal, coveted in times of insecurity and stress, rose again on Tuesday and marked a new record above $ 3,500. Although Dow Jones climbed almost as much as he had lost the previous day, the restlessness remains anchored. The last perspective of the International Monetary Fund (IMF) pointed out that tariffs begin to mark the beginning of a slower economic growth. David Solomon, Chief of Goldman Sachs, said the uncertainty is too high, braking decision making and maintaining the prices of the assets under pressure. Other analysts point to a high possibility of recession for next year. Another sign of that concern was felt with the fact that Bitcoin recovered $ 90,000 because investors see it as an alternative to the dollar and daily turbulence of the stock market. Commercial volatility received a varapalo on Tuesday in the editorial of The Wall Street Journal, a conservative half overturned with the president except in this field, where he maintains a critical position. “Trump thinks he can intimidate everyone until submission, but he cannot intimidate Adam Smith (market freedom philosopher), who deals with reality,” he said. “Markets know that tariffs are taxes and taxes go against growth. Trump’s taxes are the greatest economic policy error in decades,” he insisted. And he regretted that Trump doesn’t listen to anyone, except himself.
