Trump, Bessent and Musk assuage fears, lifting stocks

The latest economic survey of CNBC All-America found that the opinion of the Americans on how the president of the United States, Donald Trump, is managing the economy, has collapsed: for the first time since he entered the White House, more surveyed disapproves than approveing ​​the president in the economy.

The CEO of Tesla, Elon Musk, who has contributed significant to the Trump administration, has also seen a decrease in the reputation of his company and his company. More than 47% of the American public hearing tesla negatively, cord about the same survey, compared to only 10% for General Motors. As for Musk himself, around half of the respondents see him in a light of disapproval.

However, markets are openly and react almost instantly to any positive change. On Tuesday, Trump’s denial that Hish to kick the president of the Jerome Federal Reserve outside his position, and Musk’s clarification that he will spend less time in Washington, DC, were enough to send existent rates and the expectations of Tesla Companter-Quangh lost.

He thought Cassio in Shakespeare’s work describes reputation as “the immortal part” of herself, in the markets, the barometer for the character tends to be more indulgent.

‘Without intention’ or say goodbye to Powell: Trump
The president of the United States, Donald Trump, has no “intention” or dismissing the president of the Federal Reserve, Jerome Powell, told journalists on Tuesday. “None at all,” Trump said in the Oval office when asked to clarify that he did not filter the filtration elimination. “I never did.” That said, the president added that “he would like to see [Powell] Be a bit more active in terms of your idea to reduce interest rates. “

‘Descalación’ in the US trade war
The secretary of the Treasury, Scott Besent, said in a closed meeting on Tuesday that he waits “there will be a decalcalation” in Trump’s commercial war with China in the “very close future,” said a person in the room to CNBC. It is likely that negotiating with China is “a job,” Besent said at a private investor summit organized by JPMorgan ChaseBut he added that Neith Side “believes that status quo is sustainable.”

The markets jump in promising news
The US markets recovered on Tuesday in Trump and Besent’s statements. He S&P 500 Increased 2.51%, the Dow Jones industrial won 2.66% and the Nasdaq compound 2.71%were added. Asia-Pacific markets increased sharply on Wednesday. Hong Kong’s Hang Seng index It jumped almost 2.5% and that of Japan Nikkei 225 Added almost 2%. However, the International Monetary Fund on Tuesday degraded its growth forecasts for the main Asian economies in 2025, citing commercial tensions and “high political uncertainty.”

Tesla’s profits fall short
Tesla He informed the income and profits of Tuesday in the first quarter that lost expectations. Total income fell 9% to $ 19.34 billion $ 21.3 billion the previous year. The net income collapsed from 71% to $ 409 million, or 12 cents per share, of $ 1.39 billion or 41 cents a year. The analysts expected an income of $ 21.11 billion and one gain or 39 cents per share, according to the LSE data. Tesla plans to enter the India market, said CFO Vaibhav Tanej during his earning call.

Musk says that he will spend less time in Doge
Despite Tesla’s disappointing profits, which announced after the bell, its shares appeared more than 5% in the extended trade. Investors could be encouraging the statement of the CEO Elon Musk that their time spent directing the efficiency department of the Trump government will fall “significantly” from May. Until Monday, Tesla’s shares fell 44% for the year, generating $ 11.5 billion in Mark-To Market profits for Tesla Shorts in 2025.

[PRO] Safe currency in the middle of a flight from us
Like him US dollar Slides and the stock market, investors are accumulating in a safe currency. A fund quoted in the bag linked to it has increased by 8% in April, which carries its profits from 2025 to 11%. Paul Feinstein, CEO of Audent Global Asset Management, described the currency “one of the most durable safe shelters.”