President Trump’s recent criticisms of Federal Reserve Chairman Powell and escalating trade tensions have led to market uncertainty, resulting in a sharp decline in the US dollar and a surge in gold prices. The Dow, Nasdaq, and S&P 500 have all experienced notable losses as investors grow wary of the US economy’s stability. This has prompted a shift towards safe-haven assets and European markets. The ongoing turmoil in the financial markets underscores the impact of geopolitical tensions on global economic dynamics.