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Stocks dropped in morning trading on Wall Street Friday, and Treasury yields fell sharply after a significant slowdown in hiring last month. Trump signed executive orders to impose tariffs ranging from 15 to 41 percent on goods from dozens of countries overnight — hours before his self-imposed August 1 trade deadline. Markets also declined across Europe and Asia. Exacerbating losses in the U.S. was the release of weak U.S. Labor Department jobs data, which showed that American employers added only 73,000 jobs last month, lower than expected.
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00:00 Intro 00:09 Sponsor: iTrust Capital 00:30 WRECK-oning Day is here! 01:37 Liquidations 02:05 CNBC: Data reports (not looking good) 03:17 Trade War escalates 03:50 Tariff reality check 04:45 Is apple absorbing the cost? 06:40 Trump blames Jerome Powell 07:15 Powell warned us 07:45 Fed rate cut polymarket 08:30 Meme mania: Due for correction? 08:50 Fear and greed 09:15 Tom Lee: Markets are still not frothy 11:00 Liberation Day dip 12:00 Outro
#Bitcoin #tariffs #trump ~Tariff Wreck-oning Day! |