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Stock Futures and Dollar Sink on Powell Threats; China Warns Nations | Bloomberg Brief 04/21/2025
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April 21, 2025
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43:43Now PlayingUS stock futures and the dollar weaken sharply due to the possibility of President Donald Trump removing Federal Reserve Chair Jerome Powell. China warned countries against striking deals with the US that could hurt Beijing’s interests while slashing imports of US commodities. Alfonso Peccatiello, CEO of The Macro Compass says that it is completely rational to add premium to US assets in the wake of the Powell termination threats. With the earnings season ramping up, JPMorgan Private Bank Global Equity Strategist Sitara Sundar says that there is a consensus of a 7% earnings growth which is a meaningful slowdown in light of the heightened risks of the tariffs. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
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