Ajay Bagga Flags Bear Market in American KleinkAps, even though Donald Trump predicts the stock market boom despite tariff unrest | Einsmark news

While US President Donald Trump hit Thursday’s cruel stock market accident and promised a bleeding economy, market expert Ajay Bagga took to social media platform X (formerly Twitter) to provide a contrasting action. Bagga quoted Trump’s optimistic statement – “I think it is going very well” – and point to the widespread pain over asset classes caused by the president’s new tariff proposals. The US stock market and shares worldwide have seen a sharp sale after Trump’s announcement of a 10% tariff on most US imports, along with a plan to set up steeper reciprocal rates on dozens of countries. The move revived the fear of a full -fledged trade war and a possible global recession. The Dow Jones industrial average tumbled 1.679 points, or 3.98%, while the S&P 500 lost almost 4.84%. The technical heavy Nasdaq fared even worse and has showered 5.97%-his steepest one-day decline since March 2020. Despite the sharp correction, Trump maintained a bullish tone as he left for Florida and claimed that “the markets were going to boom, the stock was going to pick up the country.” But for market viewers like Bagga, the Ground Reality painted a much more careful picture. According to him, the damage was not limited to the head indices. “The sale saved almost no angle of the US stock market, but there was one group where the pain was particularly sharp: small cap supplies,” Bagga placed on X. Referring to the Russell 2000 index-which has traded smaller in public Bagga emphasized that he officially entered a bear market, and it reached more than 20% of the peak, in 2021. Even the biggest names on Wall Street. Small-cap stocks were once considered the likely beneficiaries of Trump’s pro-growth policy, especially after his 2016 election victory. However, Bagga noted that the current environment, which was violated by protectionist rhetoric and inflation risk, turned that narrative on its head. Institutional exposure in another post referred Bagga to fresh data from the National Association of Active Investment Managers, which revealed that institutional exposure to US shares has dropped to the lowest level since November 2023. “Money managers have exposed to US shares to levels that have not been seen since November 2023, according to a poll by the National Association of Active Investment Managers,” Bagga said. The Selloff, Bagga emphasizes, indicates a significant shift in sentiment among professional investors, which is now engaged in higher volatility and possible disadvantage risks. With trillions in the market value wiped out in a single session, investors will now announce the US Jobs report on Friday, April 4. ‘Investors on Friday morning will focus on the careful job report for March. Economists asked by Dow Jones expected the payroll of the bakkie by 140,000 jobs to rise and keep the unemployment rate at 4.1%. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.