Look at the day before us and the global markets by Mike Dolan
The hit of consumers' confidence and business in uncertainty about economic policies in Washington, Wall Street's indexes will all trip into the red for 2025 – with the images waiting for Megacap NVIDIA incomes.
The latest parties from the main street have unpublished stocks, bonds and credit markets over a piece.
US consumer confidence has deteriorated at 3-1/2 years in February, with 12 months of inflation expectations to increase in the middle of the worries that tariffs will increase household prices.
At 8 months of mines it was the third direct monthly decline in this level of the household sentiment and moved the index to the bottom of the range that prevailed since 2022.
However, it is only the latest of a number of similar results, from consumers' surveys, business and housing, which show a growing level of anxiety about a blizzard of sometimes opposing new political signals from the latest Administration of Donald Trump.
The mass fear is that the high level of uncertainty makes it impossible for companies to plan and invest, pull economic activity and hiring, distribute shares prices, and to intervene confidence in a risky spiral.
US economic uncertainty meters are now the highest since the pandemic lock five years ago and global equivalents, according to the series of insecurity index of economic policy.
And the US financial markets, which mostly assumed that Trump would make the Presidency, on the other hand, for economic trust, now seems to be bad and furiously rotate portfolios.
On Tuesday, the S&P 500 again fell to the lowest closure of the year. Lowering in large technology was even greater, led by 3% nVidia slide and an incredible 8% retreat in the automotive giant Elon Musk Tesla.
Tesla's market value for the first time dropped below $ 1 trillion since November after a sales report last month last month in the middle of a series of boycott campaigns due to Musk's political roles. The European Association of Car Manufacturers said Tesla sales in Europe fell by 45%, compared to 37% jump in the total EV sales in Europe.
This can be seen how the “spectacular seven” large technological mega caps slipped deep into the red for 2025, which meant official “correction” of more than 10% of the record peaks of December.
Wider Nasdaq and Small Cap Russell 2000 are now more than 2% per year – a sharp contrast to 14-15% of profits in Dax, Germany or Hong Kong Hang Seng.
Lenting bonuses for American high -profit “unsolicited” credits increased in six weeks. Community prices have fallen, with US oil hit the lowest per year and risky chips such as bitcoins.
Futures S&P 500 Futures returned some losses at the beginning of Wednesday – waiting for NVIDIA updates, but also partly because of the hope of accelerating rates and movements overnight in Congress.
On Tuesday, market anxiety tore the bond market when a household survey – who saw that reading was declining – intensified speculation of the federal reserve. Futures now the price of 55 basis points of interest cuts per year, more than the creators of the Fed creators, in December, introduced 80% of chances in December.
For the first time under 4.3% for the first time this year, ten-year revenues of the US Treasury for the first time this year and two-year returns have dropped to the lowest since November-more “Trump Trade”.
US Finance Minister Scott Bessnt claimed that the US economy was “fragile” under it and promised to “re -privatize” the growth of reducing government expenditure and regulation.
And the Republican control of the US House of Representatives late on Tuesday on Tuesday, Trump's tax and border security agenda for a slim two voice range, which brought the main support to its priorities 2025.
But in the next appalling takeover of business policy, Trump opened another queue on Tuesday by ordering a probe into potential new tariffs to import copper to rebuild American production metal critical for electric vehicles and military hardware.
Overseas, European stock gatherings this year – are mainly concerned that Trump's steps to cooperate with Russia to seek the end of the Ukrainian wars, increase only the security risks of the region and the need for defense expenditure – driven to a new record maximum. The new German government is created after the weekend elections and seeks to increase fiscal expenses, especially defense.
Overnight, the US and Ukraine have agreed on the conditions of the central mineral proposal for the Kiev pressure to obtain Washington's support. The content of the agreement said that it does not specify any US security guarantees or ongoing weapons, but says that the United States wants Ukraine to be “free, sovereign and safe”.
The Chinese stock rally continued in Asia and Hong Kong jumped another 3% – partially helped by its own buzzing of artificial intelligence surrounding Deepseek.
Japan triggered this trend and ended on Wednesday when the power of the yen and the possible increase in the interest rate ended next month.
A key development that should provide more on the US markets on Wednesday:
* US January New Sales of Home
* G20 Finance Ministers and Central Bankers meet in Cape Town
* President of the federal reserve Richmond Thomas Barkin and Atlanta Fed President Raphael Bostic everyone speaks; Bank of England Policemaker SWATI DHINGRA Talks
* US Company earnings: Nvidia, Salesforce, Paramount Global, Ebay, Agilent, Universal Health, Lowe's, Synopysys, First Energy, NRG, TJX, Verisk, APA, Houses Invitation etc.
* US TREASURY sells $ 44 billion out of 7 years of notes, $ 28 billion two -year -old floating notes
