President Trump sought to reassure investors Wednesday as his global tariff wave officially took effect, according to Yahoo! News. Trump urged calm on Truth Social, writing "be cool" assuring followers that the U.S. will emerge stronger despite current challenges. In a follow-up post, he called the downturn a buying opportunity. Analysts warned of rising stagflation risks and further economic deterioration if the trade conflict deepens. Some strategists see a drop below 5,000 in the S&P 500 as a potential buy signal. Some analysts believe a shift in rhetoric is necessary to restore market confidence.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Trump sought to reassure investors Wednesday as its global tariff wave
00:06officially took effect. According to Yahoo News, Trump urged calm on True Social,
00:10writing, be cool, ensuring followers that the U.S. will emerge stronger despite current
00:14challenges. In a follow-up post, he called the downturn a buying opportunity. Analysts
00:19warn of rising stagflation risks and further economic deterioration if the trade conflict
00:25deepens. Some strategists see a drop below $5,000 in the S&P 500 as a potential buy signal.
00:31Some men also believe a shift in rhetoric is necessary to restore market confidence.
00:35For all things money, visit Benzinga.com slash GSTV.