Wall Street has fallen strongly this Thursday (Dow Jones: -1.32%; S&P500: -1.39%; Nasdaq: -1.96%) behind him Mixed sign Wednesday, in the middle of growing commercial tensions Between the US and the rest of the world, while the market has discounted More inflation data. «It is evident that, for the moment, The 'rates' factor will continue to weigh, and much, in the behavior of risk assetssince the impact of the new tariffs planned in global economic growth and inflation is at least uncertain, «they explain in Link Securities. So, for these experts,» everything points to the fact that The tariff spiral has only startedand that until the beginning of April investors will not have a clearer idea of how far it can go. The problem is that, in the end, This 'tariff game' can end up harming investment and consumption and, therefore, to economic growth, at least in the short term, especially because of the great uncertainty it is generating. «In this sense, the market continues to receive new news, and this Thursday has been known that Trump has threatened to impose a 200% rate on the wine and other spirits of the European Union (EU). And, precisely, that the background problem for Bankinter, «that No one knows almost anything about this probable context changebut almost nobody dares to admit it. We do: the truth is that reliable conclusions cannot be drawn based on incomplete and changing information. «For your part, Ipek Ozkardeskaya, Swissquote Bank's senior analyst, he points out that»The concerns persistsince tariffs will have implications. First, they will cause some increases in the price levels. It could be argued that price jumps due to tariffs will probably be limited over time, but bringing back production plants to the US will have a long -term impact on the prices of goods that are manufactured in the United States, because obviously, it is obviously cheaper when things are manufactured, totally or partially, in China or Mexico. »
«Greater volatility» in the coming weeks
In the midst of this scenario marked by the Trump Tariff Political Chaoticathe analysts of BlackrockThey comment that «Political uncertainty could continue to wear US actions in the short term. However, we consider that Megafuerzas such as artificial intelligence (AI) can counteract these ballasts for the variable income, so we continue to show ourselves positive within six to twelve months. «Likewise, and on the fear of the market to a possible recessionfrom the manager they indicate that «We do not agreebecause employment creation has slowed slightly, but the labor market remains solid, in contrast to the weak data of surveys that show a fall in consumer confidence. »
More inflation data
As for the macro agenda, and after the Good inflation fact in Februarywhich was moderated more than expected, this Thursday the production prices of the second month of the year, which have surprised again with a 3.2% drop in year -on -year rate. To this are added weekly unemployment requestswhich have shown a drop to 220,000 applications, below expected. All this will be relevant to the Federal Reserve (Fed)which will celebrate a new meeting next Wednesday, March 19, and for which it is discounted, with a 97%probability, according to the Fedwatch tool of CME Group, which will maintain the types without changes.
Companies and other markets
On the business level, Intel It has shot 14.60% after announcing the appointment of Lip-bu Tan like your New CEO with effects from March 18. On the opposite side it is located Adobewhich has lost 13.85% after offering a Weak Previtions for the second quarter of his fiscal year. For its part, Tesla's actions have fallen again (-2.99%)so they put an end to two consecutive days of rebound, after climbing 7.59% yesterday and 3.79% on Tuesday. In other markets, West Texas oil has fallen 1.52% ($ 66.64) and Brent has yielded 1.48% ($ 69.90). For its part, the euro has depreciated 0.34% ($ 1,0848), and the ounce of gold has gained 1.71% ($ 2,997). In addition, the profitability of the American bonus has been moderated to 4.272% and Bitcoin has fallen 2.94% ($ 80,372).
