TechFlow news, March 11 — According to Jinshi Data, AJBell investment analyst Dan Coatsworth said: "The sell-off in the U.S. market is starting to look ugly. For some time, many have been concerned about stretched valuations in U.S. equities and have been searching for a catalyst that could trigger a market correction. Concerns over trade wars, geopolitical tensions, and economic uncertainty may now be providing exactly that."
"Trump was once seen as the savior of the markets, promising tax cuts and deregulation. Now his actions are becoming harbingers of doom. As people begin questioning whether trade tariffs might backfire—leading to recession rather than prosperity—the R-word (recession) is back on everyone's lips."
"During Trump’s first term, he frequently pointed to rising stock markets as evidence of his success. Therefore, he likely won’t want to see a full-blown market collapse just months into his second term."
