With recession odds rising and market instability, Donald Trump's policies are back in the spotlight. Once relying on the stock market as a success indicator, Trump is now shifting his focus.
A Coordinated Market Crash
Defying the unspoken rule of Fed policy independence, Donald Trump has called for interest rate cuts. Entrepreneurs like Anthony Pompliano suggest that the Trump administration is deliberately crashing the market to pressure the Fed into lowering rates. A potential rate cut in May is seen as a benefit for the White House ahead of refinancing $7 trillion in US debt.
Recession Odds Spike to 40%: JPMorgan
JPMorgan experts have raised the recession probability to 40%. Goldman Sachs also expresses concern over Trump's trade policies, seeing them as a threat to the economy. Both banks believe the situation could worsen if policies remain unchanged.
BlackRock’s BUIDL Enters DeFi
Securitize has selected RedStone to provide data for tokenized products, including BlackRock's BUIDL fund. This move opens up BUIDL for use in DeFi products like Morpho and Compound. Launched on Ethereum, the fund invests in Treasury bills and repurchase agreements.
Trump's political moves continue to spur discussions and forecasts. While markets are under pressure, experts try to calculate the long-term impact of these decisions on the US economy.
