The sale of Wall Street is deepened when Trump pops up the recession delivery

New York (Reuters) -Major US Stock Indexes dropped on Monday after US President Donald Trump refused to predict whether his tariff policy could lead to a recession, Rouling Investor sentiment.

The Nasdaq composite fell more than 4% after last week to confirm that the retreat of the record height of December was a correction. The S&P 500 fell nearly 3% in the afternoon trade, a decrease of approximately 9% compared to its all time from February 19.

Below are investors and analyst reactions about the sale.

Edward al-Hussainy, senior interest rate and currency analyst, Columbia threadneedle Investments, New York

“Has the economy really fallen from a cliff in the last six weeks? No. And yet today the perception is dramatically different than the end of last year.”

“If you answer a more disadvantage of growth, you don’t really have to do it, but you just order the risk, then you will bring down your yields. That is not a good way to do it, but that is a way to do it.”

“This administration does not know how to define a victory. And because we are market participants, we think that the 10-year-old (treasury) return will be their victory, but that is nonsense. They don’t care about the return of 10 years. They don’t care where the stock exchange are. Week.”

Dennis Dick, Trader at Triple D Trading, Ontario, Canada

“International investors come from the American markets and they go elsewhere. Today it flies from everything. You have people who relax that trade. This is not something that just relaxes in a day or two, you could see this ugly.”

Dan Catsworth, investment analyst, AJ Bell, London

“The sale of the American market is starting to see ugly. Many people have been worried for some time about increased ratings among US shares and looking for the catalyst for a market correction. A combination of worries about a trade war, geopolitical tensions and an uncertain economic prospect can be that catalysts.”

“Trump was seen as the Savior of the Market, promised lower taxes and less strict regulations. Now, actions are representing the harbinger of Doom. The R -word is back on everyone’s lips while people think or trade rates are counterproductive and lead to recession instead of the US economic prosperity.”

“During his first term as US President, Donald Trump often mentioned an increasing stock market as representative of his success. As such, he will not want to see full market crash months in his second term. “

Michael O’Rourke, main market strategist, Jonestrading, Stamford, Connecticut

“There was so much expectation after the elections – much of it – but it was the overwhelming consensus that everything would become this great environment once President Trump came into office. What he tries to perform is structural change … and every time you have structural change, you will have uncertainty and you will have friction.

“We also had this era of our exceptionalism, where the US is massively surpassing … That is also part of the background that you could invest in other places of the world with much lower multiples and perhaps at least not be exposed to the expensive US valuations while the US pushes its structural shift.”

Idanna Appio, Portfolio Manager, First Eagle Investment Management

“The broader pressure on American assets, I think that much more uncertainty about American policy reflects. That uncertainty, simply in general, is quite bad for companies, because they are not sure how to invest, to invest, so it will be more difficult to make decisions.”

Jamie Cox, Managing Partner, Harris Financial Group, Richmond, VA

“Markets are really worried about the debt ceiling, but it manifests itself like a growth.

Ross Mayfield, investment strategist, Baird, Louisville, Kentucky

“The Trump Administration Seems A Little More Acceptance of the Idea That They’re Ok The Market Falling, And They’re Potentially Equally Ok A Recession In Order To Exact Their Broader Goals. I Think That’s A Big Wake-up Callp for Wall. There Hete Has Been Here He. Market Performance, there was just somewhat of a ‘Trump Put’ So to speak, and I think we’re seeing that’s not the case, so the market is starting to reflect that reality. “

“(Technical shares have) Very extensive ratings that act on quite large premiums to the wider market. So you certainly have some air pockets, and technically they don’t look great. There may be more weakness to come in the short term, but I would certainly buy these high -quality growth companies on the dip.”

“A place where we have to be visited again is my preference for us (shares) above international. The pressure that the Trump administration exerts on foreign governments … actually, in many cases, has resulted in outperformance from those countries (as) China and Europe. That is a place that we visit again to decide whether we think it is a little more structure or just a short -term.”

Ayako Yoshioka, senior investment strategist, Wealth Enhancement, Los Angeles

“We have clearly seen a large sentiment shift. And part of this is just a result of the momentum that we had seen in many of the growths in the last two years. They all fall much more than everything else. And much of what has worked does not work now.

Art Hogan, main market strategist, B Riley Wealth

“The narrative changes on a daily basis about rates-that is what all this uncertainty causes. The damage about markets that have everything to do with sentiment is more reflected in the Nasdaq, because technological shares are certainly more influenced by risk-sentiment. The risk ricks tends to get you from the high beta names in the Nasda.”

Chris Zaccarelli, Chief Investment Officer, Northlight Asset Management, Charlotte, NC

“The Nasdaq has been a risk-off all year round. Today today is not something new of what we have seen in recent weeks, but it is a continuation of what we have seen. And that is simply the unfortunate combination of very high ratings, where we started the year and then raised the uncertainty.”

Thomas Hayes, chairman at Great Hill Capital LLC

“If you want to know what is going on with the American market, stop paying attention to rates and starting to pay attention to the returns of the Japanese government bonds. The trade in the carrying case is relaxed and all that hot money was in may 7. So that’s why technology is no longer.”

(Compiled by the Global Finance & Markets Breaking News Team)