U.S. Markets Brace for a Bloodbath
Market Turmoil Ahead: Tariff Tensions Tank Futures
🛑 The Big Picture: U.S. stock futures are nosediving ahead of Monday’s open, April 7, 2025, as trade war fears shake global markets.
• S&P 500 Futures: Down 2.6% – brace for a rocky start.
• Nasdaq Futures: Plunged 2.9% – tech stocks set for a hit.
• European Markets: Stoxx 600 down almost 5% – ripple effects from U.S.-China tensions.
• Asia in Freefall: Nikkei down 8%, Hang Seng crashes 13% – worst day since the Asian financial crisis.
• Bitcoin: Tumbles to $76,500 – crypto not spared.
• VIX Fear Gauge: Spikes to pandemic-era highs – jittery traders everywhere.
(Reuters (https://www.reuters.com/markets/global-markets-wrapup-1-2025-04-06))
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💡 What They’re Saying:
Bill Ackman: Pershing Square’s billionaire boss is sounding the alarm:
“Tariffs are economic suicide. We risk losing global trust and investment. Pause them 90 days—negotiate. Markets are screaming for sanity.”
(Bill Ackman on Twitter (https://twitter.com/BillAckman/status/1908992002366292286))
Larry Summers: Former Treasury Secretary doesn’t mince words:
“Trump’s tariffs: $30T loss, most masochistic policy in modern US history. Markets don’t lie—look at the selloff.”
(Larry Summers on Twitter (https://twitter.com/LHSummers/status/1907607829231317473))
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📉 Why It Matters:
This isn’t just market noise – it’s a potential shockwave. Goldman Sachs just raised U.S. recession odds to 45% and cut GDP growth forecasts to 0.5% for Q4 2025.
(Reuters (https://www.reuters.com/markets/wealth/investors-stunned-by-trump-tariffs-prepare-global-growth-shock-2025-04-03))
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⚠️ Bottom Line:
The tariff war is hitting harder than expected. With markets skittish and big voices like Ackman and Summers raising the stakes, investors should brace for turbulence as the opening bell approaches.