Drumpf announces he's reversing course on the tariffs....
"Wall Street woes deepen: Dow on track for worst April since Great Depression of 1932 with a massive 9.1% drop so far...the 129-year-old index’s worst performance for any April since 1932. The only other April that was worse: April 1931. The broader S&P 500 has plunged 14% over the course of Trump’s first term – the worst performance through April 21 for any president since records began in 1928."
"US dollar has fallen 5.5%, by far the record dating back to when data started being collected during former President Gerald Ford’s term beginning in 1974. The only other presidential term for which the dollar started off even remotely close to this abysmal a start: Trump, during his first term...Oil has fallen 19% during Trump’s second term as traders worry that demand for travel and shipping will tumble....The Dow Jones Industrial Average shed almost 1,000 points on Monday and is headed for its worst April performance since 1932."
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