markets
Trump warns Republicans against becoming a ‘panican’ party amid market reaction to tariffs
Donald Trump issued a strong warning to Republicans and market observers Monday, urging the party not to “panic” in response to global market fluctuations tied to tariff announcements.
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Asian markets plunge as Trump’s tariffs spark global shockwaves
Major indexes in Shanghai, Tokyo, Hong Kong, and Sydney saw losses between 4% and 12%, with the Hang Seng plunging 12.2%. “It’s a bloodbath,” one analyst told the BBC.
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US Treasury Secretary: Top 10% own 88% of stocks, bottom 50% are in debt
Scott Bessent discussed the distribution of stock market ownership during an interview, stating that the top 10% of Americans own 88% of equities, while the next 40% own 12%, and the bottom 50% are in debt.
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