Market Turmoil and Economic Pessimism: A Deep Dive

In today's episode, we explore the sharp decline in U.S. stock markets following President Trump's criticism of the Federal Reserve, and the growing consumer pessimism revealed by a recent Gallup poll. We also discuss S&P Global's downgraded global growth forecasts for 2025 and 2026, highlighting the impact of trade tensions and policy uncertainties. Join us for an in-depth analysis of these pressing economic issues and their implications for the future.Sources:https://www.investopedia.com/trump-criticism-of-powell-is-shaking-markets-faith-in-federal-reserve-independence-11719211https://6abc.com/post/trump-powell-stock-market-slides-president-escalates-criticism-fed-chair-jerome/16216527/https://www.cbsnews.com/news/stock-market-down-trump-jerome-powell-federal-reserve-tariffs/https://news.gallup.com/poll/659630/americans-economic-financial-expectations-sink-april.aspxhttps://news.gallup.com/home.aspxhttps://www.aei.org/op-eds/chaotic-times-opinion-snapshots-from-1980-1987-2008-and-today/https://thehub.ca/2025/04/19/the-think-tank-amidst-trumps-tariff-war-over-80-percent-of-americans-think-trade-is-good-for-growth/https://gallup.com.pkhttps://www.conference-board.org/topics/us-leading-indicators/press/us-lei-apr-2025https://www.instagram.com/ultima_markets/reel/DIu1L2MvOrV/https://www.comerica.com/insights/economic-insights/monthly-outlook/april-2025-us-economic-outlook.htmlhttps://www.housingwire.com/articles/consumer-confidence-slips-as-economic-uncertainty-mounts-john-burns-survey/https://www.bairdwealth.com/insights/market-insights/baird-market-strategy/2025/04/in-the-markets-now-selloff-summary-for-april-21-2025/https://www.spglobal.com/market-intelligence/en/news-insights/research/global-economic-outlook-april-2025https://www.investmentexecutive.com/news/research-and-markets/global-growth-weakest-since-financial-crisis-sp/https://www.spglobal.com/automotive-insights/en/blogs/2025/01/2025-light-vehicle-production-forecasthttps://www.spglobal.com/market-intelligence/en/news-insights/research/consensus-price-forecasts-tariff-shifts-jolt-gold-price-in-record-setting-runhttps://international.schwab.com/story/early-impacts-trade-war