Some minor financial bumps have been seen in recent months from the roiling discomforts and increasing uncertainties over breakups in Western geopolitics, on top of Trump’s tariff wars and isolationist moves. But on Jan. 20, Bloomberg adopted a new tone in their coverage of a “Sell America” day on the markets. Referring to their article, “Treasuries, Stocks Sell Off as Greenland and Japan Shatter Calm,”, Bloomberg’s account read:
“U.S. markets woke up from the extended Martin Luther King Jr. holiday weekend to an overnight bond implosion in Japan and fresh threats by Donald Trump, including tariff hikes and more allusions to attacking American allies…. Treasuries tumbled and the dollar slid while the S&P 500 dropped more than 2%, erasing all of this year’s gains in the steepest decline in more than three months. The VIX Index, a measure of expected stock swings, hit the highest level since November. Gold spiked to a new record of over $4,700 an ounce. Not unlike the experience of Japanese dealers earlier, it was the worst day in U.S. markets since Trump’s so-called liberation day.”
