Markets plunge amid US$5 trillion global selloff impacting consumers

Two analyses examine an unprecedented market downturn with estimates of a US$5 trillion selloff, sending shockwaves worldwide. The reports emphasize the severe implications for investor confidence and warn of long-term economic pain for Canadian consumers. Financial experts link the freefall to broader global trade realignments and caution that the unfolding crisis could further destabilize consumer markets.

financialpost.com / Five things to know about the US$5 trillion market selloff that is roiling the globe

Fears over an escalating trade war decimate stocks

financialpost.com / Stocks are plunging and that may only be the start of the pain for Canadian consumers

'This is the biggest realignment in global trade ever'

torontosun.com / Poll finds 74% of Canadians worry they’re not saving enough

H&R Block Canada finds 74% of Canadians worry about not saving enough, while 85% now live paycheck to paycheck—up from 60% in a similar 2024 study.

nationalpost.com / China imposes 34 per cent tariff on all U.S. imports starting April 10

Tariff matches rate of U.S. 34 per cent "reciprocal" tariff on Chinese exports that Trump ordered this week

citynews.ca / Think twice before bailing out of the stock market, financial advisers say

Wall Street’s big swings aren’t new—historic stock drops have long been the price investors pay for the higher long-term returns stocks can offer compared to other investments.

winnipegfreepress.com / Believe it or not, there are some winners in the stock market this week

6 stories from sources in 14.2 hour(s) #economy #finance #budget #us-relations #global-trade #business #consumer #tariffs

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Markets plunge amid US$5 trillion global selloff impacting consumers

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