💨 Abstract

Global equity markets fell and gold hit a record high on Monday as U.S. President Donald Trump's comments about tariffs stoked worries of a global trade war leading to a recession. Trump's tariff recommendations are due on Tuesday and initial levels on Wednesday. Equity indexes in the U.S., Europe, and Asia-Pacific dropped, while bond investors are betting the slowdown in U.S. economic growth will prompt the Fed to cut rates.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖