RawDiary

Downward Spiral: Dow Dives 475 Points as Trump Warns of Recession

President Trump's aggressive tariffs and recession warnings trigger a historic plunge on Wall Street, shaking investor confidence and setting a stormy economic tone.

24 Hours U.S. markets plunged as President Trump warned of a possible recession, sending the Dow down 475 points amid aggressive tariffs and mounting inflation fears. Secretary Rubio slashed 83% of USAID programs, intensifying debates over federal spending. ICE arrested a pro-Palestinian activist at Columbia University, fueling immigration controversies. North Korea fired ballistic missiles during joint drills with South Korea, while fighter jets intercepted aircraft near Mar‐a‐Lago. Internationally, Canada elected Mark Carney as the new prime minister to counter Trump’s trade threats, and China retaliated with tariffs on U.S. farm products. Maritime collisions in the North Sea added to global uncertainty today.

Number 5T - U.S. consumer credit reached $5 trillion

Quote ‘Monster nukes could end the world tomorrow’ — Trump