Wall Street is on edge again, but the culprit this time isn’t inflation. Instead, equities investors large and small are gripped by fear of slowing economic growth in the US.
Investors who bought into Trump's "pro-growth" agenda are now experiencing losses as the S&P 500 has erased gains since his election. Concerns about slowing economic growth, sticky inflation, rising unemployment, and the potential for stagflation are gripping the market. Uncertainty surrounds Trump's policies, profit growth, and upcoming spending agreement deadline, causing investors to become spooked and flee risky assets.
