It appears that trump has pushed India and China toward a Russian alliance in defiance of trump.
Trump seems not to understand the concept of "saving face', by "demanding" India stop buying oil from Russia.
How this will end is uncertain, but companies like Navidia, Apple, AMD, etc. were expecting to be selling in those markets, and based on President chaos, he may have just closed that door.
Add to that the degrading in areas of Medical and technological advancements by his draconian policies, the future is very uncertain. The damage being done in all areas may take many years to recover.
A rate cut may give an artificial boost to the markets, but it sure won't stop the inflation train.
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Don't forget claiming success for halting the war between Pakistan and India.....that didn't win him any points, at all!
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I just posted about how I hadn't seen discussions on this and some other items. I'm glad I was wrong and it has its own post!