Trump trade war with China revives recession, bear market fears
Donald Trump’s trade war created turmoil in global markets. Stocks and oil prices declined due to fears of China’s response. Trump paused tariffs for 90 days, raising hopes. Treasury Secretary Scott Bessent mentioned trade negotiation interests from many countries. Uncertainty led to volatile trading. The US and Vietnam agreed to trade talks.
Wall Street ends sharply lower as tariff risks send investors fleeing
All three major U.S. stock indexes suffered steep losses, forfeiting much of the previous session’s gains as growing concerns over the escalating Washington-Beijing trade face-off dampened optimism over upbeat economic data and U.S.-Europe trade negotiations.
Asian stocks, bonds drop as US-China trade spat heats up
Indexes in Japan, Australia and South Korea retreated after the S&P 500 dropped 3.5% Thursday, as market euphoria turned to angst after the White House clarified US tariffs on China rose to 145%.
What just happened in US bond market
The selloff is the latest sign of the power of government bond markets to act as a restraint on policymakers, while talk of a return of so-called bond vigilantes has risen in recent years.
TCS’ strong deal momentum a counter to short-term worries
Tata Consultancy Services (TCS) reported disappointing revenue and profit growth for the March quarter reflecting delay in project ramp ups by clients amid rising economic uncertainties in major global markets.
Repo rate could be headed to 5.25-5.5% amid growth fears, global uncertainties
Some expect a slightly deeper cycle, with expectations of a terminal rate at 5% by December 2025 as the Reserve Bank of India surprised the market with a change in its stance to ‘accommodative’ from ‘neutral’, along with a downgrade in growth forecasts, “decisive improvement” in the inflation outlook and commitment to surplus liquidity.
Dollar bond credit spreads widen along tariff fault lines
Private sector companies have seen their spreads widen, whereas government-owned banks and state-owned companies have largely remained steady, with yields on their dollar bonds remaining flat over the past week following the tariff announcement. However, relief came from tariff pause for some issuers like Biocon Biologics’ 6.67% due 2029 rising 4 points today, though still […]
Trump does a Warren Buffett, but doubters call it insiders’ Buffet
A key question is, Was Trump already contemplating the tariff pause when he made that post? “Over the last few days, I’ve been thinking about it,” said Trump himself when asked yesterday directly about when he arrived at his decision, but then added to the confusion, stating, “Fairly early this morning.”
Is D-Street in the 8-year cycle of modest returns?
The Sensex returns in rupee terms have been between 190% and 1,500% in past three bullish eight-year cycles since 1984. In bearish periods, their returns dropped to the range of 20-50%