Billionaire hedge fund manager Bill Ackman offered a take on President Donald Trump’s aggressive new tariff strategy this weekend, arguing that the market’s sharp negative reaction reflects fear of execution failure rather than ideological opposition to the tariffs themselves. In a thread posted to X (formerly Twitter), Ackman dissected the difference between what Trump initially…
President Donald Trump\’s tariff-driven trade wars are taking a toll on stocks. The S&P has fallen more than 10% from its recent high, into what is known as \”correction\” territory. Is a bear market next? What Defines a Market Correction? Corrections are \”relatively rare yet symbolically worrisome milestones for the markets,\” said The New York…
The S&P 500 (SNPINDEX: ^GSPC) briefly fell into correction territory in March before recovering slightly, but it remains more than 8% below its February record high. However, an economic warning signal that has appeared only twice in the last two decades could indicate further market struggles ahead. As of March 18, data from the Federal…