Consumers are worried about the economy. The White House disagrees

A day without much development of the tariff from the administration of US President Donald Trump is a day of cautious optimism for markets (or at least what exceeds “optimism” in such extraordinary times). On Monday, on Monday, they made uncertain movements up, especially after messages, at the end of Friday, from the last moment of exception to electronics from so -called mutual tariffs.

The White House officials are still dealing with the main information channels to proclaim the sense of Trump's economic policy. The last one who did this is the national director of the Economic Council Kevin Hassett, who in Fox Business said on Monday that the country “no” would not recess this year.

Consumers do not share this faith. Federal reserve survey, conducted in March and published on Monday, is the latest consumer survey series that show sentiments related to the fall of the economy. Therefore, all profits on the market can only last so far that the tariff does not run more amok and cause economic damage, despite the attempts of the White House officials on this second front.

American markets have achieved preliminary profits
American shares increased on MondaySupported by slight recovery of technology names in news about tariff release for electronic goods. . S&P 500 increased by 0.79%, the Industrial average Dow Jones took 0.78% and NASDAQ composite Advanced 0.64%. Regional Europe Stoxx 600 index Added 2.69%. Novo Nordisk increased by 3.7% after the competitor Pfizer scrapped development experimental daily pill with a weight length with a liver injury in one patient.

Hassett does not talk about the recession
Director of the US National Economic Council, Kevin Hassett, said on Monday that “over 10” countries submitted “very good, amazing” transaction offers for the United States he said that it was There is no chance at all The fact that the US will experience a recession in 2025. The New York Federal Reserve Bank published the same day – but carried out before April 2 – she showed consumers' worries are growing in March over inflation, unemployment and stock exchange.

Variability from zero-day option
Zero-day-day options Wild swings on the stock exchange are partly guilty of. Zero-day options, which are contracts that expire the same day, that they are commercial, increased by 23% in turnover from the beginning of the year to April, according to Jpmorgan data. “We think that 0DTE (+1DTE) played a key role in conducting greater endigue variability, Maxwell Grinacoff, UBS“The head of American examination of derivative instruments, he said in a note.

“Transitional” tariff inflation
Federal Reserve Governor Christopher Waller said on Monday that he expected that the impact of Trump's tariffs on prices will be “temporary”. The FED recently used this term to describe the inflation jump in 2021, which, as we know, has not yet drained to the target of 2%. “But only because it didn't work, it doesn't mean that you should never think like that again,” said Waller, adding that The Fed may lower the rates if the inflation increases again.

Nvidia to build a supercomputer in the USA
Nvidia He said on Monday that he was planning to produce $ 500 billion of artificial intelligence infrastructure in the USA through production partnerships over the next four years. His Blackwell AI chips started production at Phoenix, Taiwan Semiconductor Elants, Chipmaker wrote In the blog post. NVIDIA also builds production plants in Texas to produce great AI computers – for the first time NVIDIA will be completely in the USA

(Pro) “Get ready for cheating” on the tariffs: Morgan Stanley
Despite the last concessions regarding Trump's tariffs, Morgan Stanley They warned investors not to give up protection. “Investors should prepare be cheated many times“The company's strategists led by Matthew Hornbach said in a note to customers entitled” Sound me once, shame. Fuck me twice, shame me. “

Trump's tariffs will not lead us to supply-firma chains

If China intends to lose some production as a result of Trump tariffs, the American production sector will not be the main beneficiary, according to the new CNBC supply chain. The Trump administration claims that the reshoring boom is coming, but most companies say CNBC that costs can even twice restore supply chains, and instead a new search for regimes with a low tariff around the world will begin.

Almost three quarters of respondents (74%) stated that the cost was the main reason for the fact that it would not transform production and then the challenge of finding a qualified workforce (21%). The Trump administration promised tax reduction for companies that restore production, but the study showed lower taxes in the cost ranking that affect production decisions.