‘Dr. Doom’ Roubini Warns Markets ‘Delusional’ About Fed Rescue As Trump, Xi Jinping, Jerome Powell Locked In High-Stakes Standoff – BlackRock (NYSE:BLK), General Motors (NYSE:GM)

Famous Economist Nouriel Rubinicalled “Dr. Doom” in his pessimistic but often accurate predictions, he warned on Monday that financial markets are wrong about the federal Reserve willing to step in amid growing trade tensions.

what happened: “The market was a fantasy that Powell was outperforming the strike price of Trump’s put strike price. Not so!” Roubini wrote to X, referring to the price level that the Fed intervenes and stabilizes the market.

The Turkish-born American economist explained the “three-the-rooster game” between the presidents Donald TrumpFederal Reserve Chairman Jerome Powelland the President of China xi Jinpingeach waiting for the other to admit it first.

Comments come as he tackles Trump’s tariff threat against China. This includes the possibility of a 50% obligation if Beijing did not withdraw its recent 34% tariffs on American products by April 8th. China’s Commerce Ministry vowed to “fight to the end” what he was called “make a mistake amid mistakes.”

Powell admitted on Friday that higher tariffs “will likely be progressing through our economy and raise inflation in the coming quarters,” but stressed that the Fed’s focus remains on that dual mission. Maximum employment and stable prices.

See: Microsoft fires employee protesters who disrupt the 50th anniversary event.

Craig Shapiro of 3 investments It’s attracting attention The market is looking for both “Trump puts” or “bred” suggest “last week we were informed that both puts were hit lower” and “a critical market slump.”

Rubini criticized Trump’s approach to negotiations and wrote, “I wrote something like a good chess and poker player.” [Russian President Vladimir] Trump 2.0, unlike his first term, has “most wrinkles and slight YES MEN ADVISORS” that doesn’t challenge “the worst disruptive policy instincts about trade.”

BlackRock Inc. CEO Larry Fink Tariffs warn that “we will freeze more and more consumption” in the broader economy, and not only affect Wall Street, but also Main Street, where 62% of Americans are currently investing in stocks.

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