CNBC's "Fast Money" The Global Sell-Off Deepens… And The Impact On Rates 4/4/25
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Apr 4, 2025 
Sharon Epperson, a CNBC reporter and expert on personal finance, dives into the turmoil of global markets influenced by President Trump's tariff plans. She highlights strategies for safe investments amid stock declines, emphasizing the surge in market volatility. Epperson discusses the implications of trade tensions, the demand for U.S. Treasuries, and the Federal Reserve's potential interest rate cuts. With practical tips on building cash reserves and exploring defensive sectors like utilities, she navigates the complexities of investing in uncertain times.
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Market Slump
- Stocks experienced their worst two-day slide in five years, with the S&P dropping over 10% and the Nasdaq down nearly 11.5%.
- The Dow saw a staggering drop of nearly 4,000 points over two days, closing at its lowest level since May.
Global Tariff Responses
- Countries are responding to President Trump's tariffs with defiance, including China's retaliatory tariffs and restrictions on critical mineral exports.
- The EU is prepared to negotiate but also defend its interests, while Vietnam offered to cut tariffs to zero in a potential deal with the U.S.
Market Uncertainty and Fed Stance
- The market sell-off signals a lack of a clearing event and deep uncertainty about the future of trade.
- Microsoft's dependence on GDP growth has become apparent, and the Fed appears unwilling to intervene despite market expectations.