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Your guide to what the American elections mean 2024 for Washington and the world

Investors fear that Donald Trump’s tolerance with the sale of severe slope shares is much higher than it was in his first term because they lose their belief that financial markets will break the US president’s tariff and spending discounts.

American stocks It declined in recent days, as the S&P 500 index sank more than 8 percent of the record its record less than three weeks, as Trump’s tariff raised concerns about the world’s largest economy path.

Many investors and Wall Street banks were eventually betting on Trump Provisions of customs tariffs Discounts to the federal government if the markets respond violently, but hopes that the so -called Trump is faded while the markets trembling.

“The markets are wondering about the idea that the Trump administration will adapt the policies in response to stock market fluctuations or economic growth fears,” the chief investment office at UBS told customers.

“People were wondering if it was [Trump] He would have taken his foot from the policy on customs duties and some discounts in federal spending that were preceding markets. ”

He said: “In the last two days of trading, the feelings turned in the sense that there are very clear signs that Trump” put “either it was not present or was appointed less than what people thought was.”

The growing sense of depression was not limited to the stock market: Goldman Sachs and Morgan Stanley has reduced their expectations for American economic growth on concerns about customs tariffs and avenge trade partners. The Air Lines also warned on Monday evening that the economic “uncertainty” had hit its business, which prompted the carrier to Reducing her outlook sharply For sales and profits in the first quarter.

The Vix Index, a measure of expected fluctuations in American stocks, increased from 12 to 28, higher than average in the long run. Technology, which rose in the previous two years, decreased by more than 13 percent of its record in mid -December.

During the first period of Trump, the financial market turmoil was widely seen as a decisive study in forcing it unlike the path on the policies that investors saw as harmful, at least in the short term, to American economic growth.

“Everyone believed that the only way it is retracting is whether the stock market had decreased,” said one of the commercial executives on Wall Street. “What people did not see is that it will change his narration if the stock market decreases.”

The White House doubled when it was rejected for turmoil in the financial market yet Selling acute stocks on Monday.

A White House official said: “We are witnessing a strong difference between animal lives in the stock market and what we see actually revealing companies and business leaders.

As American stocks decreased sharply in response to the threat of definitions against multiple commercial partners, Trump made a great rotation, delaying most of the fees on Canada and Mexico until April. But others, including steel and aluminum due to valid on Wednesday, and the increase in definitions in China, are still in place.

Doctorates were a comments from the senior Trump officials who suffer from fears of the stock market consistently.

Treasury Secretary Scott Beesen employed the investor’s concerns at the end of the week, when he seemed to reject the idea that Trump would reduce some of his economic policies if the stock market has continued to decline.

He said, “There is no situation.” “Trump’s invitation to the upward direction is, if we have good policies, the markets will rise.”

Pisent also said that the American economy may need a “period of detoxification” to be less dependent on government spending.

“There will be a natural amendment with the transition from public spending to private spending,” he said. “The market and the economy have become a drug addict. We have become addicted to this government spending. There will be a period of detoxification.”

“Time is the only restriction,” said Barry Banyster, chief strategy expert in the United States. [Trump] Administration’s ambitions are a wide renewal of the economic system. “

But the risk of growing growth and high inflation – known as stagnation – grows with pressure on Trump on the customs tariff on the largest commercial partners in America, leaving American stocks exposed to the “Pincer” movement that may slow the profits per share and a lower price to profit rates.

“will [Trump] Do you have a stability to take a dangerous pain? “This is an open question.