It was a rough week for markets, with Donald Trump's decree that the US will impose tariffs of 5% on Mexican imports sending stocks into a spin.
Hello! It was a rough week for the market, with Donald Trump's decree on Thursday that the US will impose tariffs of 5% on Mexican imports starting June 10, sending stocks into a spin. Morgan Stanley strategists think the economy looks far worse under the surface than most realize, even before the tariffs, with the Wall Street firm highlighting weak durable goods and capital spending in April and a decline in the Markit Purchasing Managers' Index.
Hello! It was a rough week for the market, with Donald Trump's decree on Thursday that the US will impose tariffs of 5% on Mexican imports starting June 10, sending stocks into a spin. Morgan Stanley strategists think the economy looks far worse under the surface than most realize, even before the tariffs, with the Wall Street firm highlighting weak durable goods and capital spending in April and a decline in the Markit Purchasing Managers' Index.
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