TMI Show Ep 112 Re-run: “Don't Look Down: Stocks In Freefall"

TMI Show Ep 112 Re-run: “Don't Look Down: Stocks In Freefall"

In this episode of "The TMI Show," hosts Ted Rall and Manila Chan tackle the escalating unrest in global securities markets following President Trump’s tariffs, announced last week on "Liberation Day," April 1.

The discussion centers on the dramatic overseas market reactions and the futures markets’ ominous signals.

On Monday morning, Asian markets led the plunge: Tokyo’s Nikkei 225 nosedived 7.8%, its steepest drop in a decade, while Hong Kong’s Hang Seng cratered 13.2%, the worst since the 1997 financial crisis.

Shanghai’s Composite fell 7.3%, and Taiwan’s Taiex shed 9.7%, a record single-day loss.

In Europe, the pain spread as Germany’s DAX and France’s CAC 40 each tumbled 5.8%, and Britain’s FTSE 100 slid 4.9%, reflecting widespread fears of a trade war spiral.