Summary
The financial markets are facing uncertainty due to President Trump's new policies and global actions. This includes his approach to Greenland and tariffs, tensions with the Federal Reserve, and various geopolitical and trade issues. Investors are finding it hard to predict market movements as the year unfolds.
Key Facts
- President Trump is actively pushing for a new global order, affecting market stability.
- Venezuela's political situation caused energy prices to drop.
- President Trump initially threatened to control Greenland and proposed tariffs on European countries.
- The Department of Justice is investigating Federal Reserve Chair Jerome Powell, causing concerns over the Federal Reserve's independence.
- Canadian Prime Minister Mark Carney spoke about China's role in global trade and relaxed tariffs on Chinese electric vehicles.
- President Trump is involved in a legal case against JPMorgan Chase for $5 billion.
- Recent immigration crackdowns have prompted responses from business leaders in Minnesota.
- There's uncertainty in the stock market with modest gains in the S&P 500 and doubts about the tech sector's lead.