Avatar
Dr. Monali Desai
d6133367256042a6777318655bf1f38d8cdd944f4baa6c0b70ef4b025994af04
Cardiologist

UPS cuts 20,000 jobs amid reduction in Amazon, Temu, Shein and other shipments as the Trump Administration’s tariffs create corporate chaos 🇺🇸 Americans without jobs are not going to be able to keep spending money at the current level, especially with higher prices from tariffs and inflation so we can expect this will continue to negatively impact the American economy and stock market.

In addition many American small businesses can’t afford to make their products in the United States so they were making their products overseas, now with the tariffs they’re not able to afford to make their products overseas or in the United States. This will lead to more layoffs from American small businesses which will negatively impact the American economy and stock market as well.

https://www.reuters.com/business/finance/profit-warnings-uncertainty-trump-tariffs-send-chill-through-businesses-2025-04-29/

House Republicans released legislation Sunday that would increase Pentagon spending by $150 billion, pushing the total defense budget for fiscal year 2025 to more than $1 trillion if passed, which obviously will also substantially increase the federal deficit which will then increase inflation. 🇺🇸 So then we’re looking at higher prices from higher inflation as well as higher prices from new tariffs starting in July. It seems likely we can expect significant stagflation or a recession starting later in the summer.

https://www.news10.com/hill-politics/republicans-unveil-proposal-for-150b-in-new-pentagon-spending/amp/

Does cinnamon improve your cholesterol numbers

https://m.primal.net/QgHn.mov

China’s Huawei Develops New AI Chip Ascend 910D AI, Seeking to Match US Nvidia 🇺🇸. Superpower rivalry over semiconductors heats up despite Washington’s attempts to block Beijing. Despite U.S. sanctions, Huawei’s chip development shows China’s semiconductor industry’s resilience. Huawei is poised to ship 800,000 Ascend 910B/C chips and is in talks to boost orders after Nvidia’s H20 export restrictions.

https://www.wsj.com/tech/chinas-huawei-develops-new-ai-chip-seeking-to-match-nvidia-8166f606?mod=mhp

orangetheory #workout

nutella bombolone, angelina bakery #nyc

A weak dollar, stagflation or a recession will lead to more lay offs as Americans continue to spend less which is also bad for the stock market. 🇺🇸 There is a much higher risk of stagflation in the U.S. economy over the next year, while the asset class most expected to outperform in 2025 is cash, according to the results of a JPMorgan survey published on Friday. There is also consensus on the weakness of the U.S. dollar, with a majority expecting the euro at or above $1.11 to end the year, at least an 8% decrease for the U.S. currency this year.

https://www.reuters.com/business/global-markets-survey-2025-04-25/