but summers says throws backfiring. we are engaged in saup oefr or rr shoot myself in the fgtd. m he says a teal may 2345u9 happen unpill after the election. escalating global trade tension. not capping them here and that was let to high rices and lowerer thecomes for americans. they re alreadiating for the next round of tariffs. they are questioning whether they re ready for another year of tariffs. i think most thought there wouldby a revolution by dwent 20. 2020 democrats getting papers on the campaign trail. senator harris as a running
impact. the fed chair said this week that in announcing the interest cut, it was responding to global trade tension and then the president makes this move a day later. i wonder what now. does this erase all the breathing room the fed was trying to to give this economy? i think we have this weird circulator that s happening where the trade wars slow the economy and the fed reacts by lowering rates that gets things back on track, that helps boost the stock market and then trump is getting what he wants. he s getting a booming stock market and rate cuts. so now rinse and repeat. i don t know how that ends. it s a very strange kind of odd scenario where these things impact each other that don t normally have much to do with each other. everyone is on the same ride waiting to see how this really turns out. the president in the middle of all of this continues to try and spin this as a win for consumers. i want to play once again what he said just yesterday about this. listen. we re tak
the s&p 500 gained 29. the nasdaq surged 144. the good halloween results could turn a wild month of october positive, the s&p 500 dropped nearly 7%. the nasdaq was the worst, losing more than 9%. susan lee of the fox business network joins us with some analysis. good evening. it s the worst october since 2008 and from eight global financial crisis, and the worst month in years for the market. over $2 trillion have been lost in the markets this month. that s 10% of the u.s. economy. a big concern for investors, highest interest rates, global trade tension, and fear that corporate earnings may not look as good next year compared to this year. the main stock drugs have been the big technology players. facebook, amazon, apple, netflix, and google. amazon is back tipping into bear market territory this week, which means the stock was down