In a chaotic end to the week, global stocks have plummeted while the dollar plunges to a decade low against the Swiss franc amid escalating tariff tensions between the U.S. and China. Safe havens like gold soar, signaling investor anxiety.
As the trade war intensifies with new tariffs, investors flee to safe havens like the yen and Swiss franc. With markets in turmoil and recession fears growing, what does this mean for your investments?
In a turbulent financial landscape, Wall Street futures plummeted as deflationary pressures in China and U.S. economic concerns dominated headlines. The yen and Swiss franc gained strength, while Trump’s tariff policies spark recession fears.