Buffett’s Warning as Stocks Plunge: ‘The Light Can at Any Time Go From Green to Red'
- On April 3, 2025, the Dow Jones Industrial Average fell 2,231.07 points, closing at 38,314.86.
- The market decline followed President Trump's implementation of tariffs on trading partners.
- The S&P 500 dropped 5.97% and the Nasdaq Composite decreased by 5.8%, impacting tech companies.
- Jim Paulsen stated, "The stupidity of enacting a massive tax increase on the entire global economy at this point doesn't make much sense."
- Analysts suggest the market selloff signals a potential recession due to tariff aggression and inflation.
6 Articles
6 Articles
Buffett’s Warning as Stocks Plunge: ‘The Light Can at Any Time Go From Green to Red'
The S&P 500 descends into correction territory following President Trump‘s tariff declarations. What Happened: Stock prices plummeted in response to President Trump’s sweeping 10% tariffs on all U.S. trading partners announced the day before. This move has sparked concerns over a potential trade war and heightened inflation, both of which could steer the U.S. towards an economic slowdown. Consequently, the S&P 500 has now dipped over 11% from it…
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