Risk-on markets like stocks and cryptocurrencies have tumbled on fears of recession, prompting analysts to describe the situation as a “reverse Trump trade,” a negative shift in sentiment in response to President Donald Trump’s policies.
What happened: Nvidia Corp. (NASDAQ:NVDA), one of Wall Street’s hottest stocks and widely considered a barometer of the overall sentiment, has plummeted over 22% since Trump took office and more than 23.5% since his election victory last year.
The artificial juggernaut has suffered a double blow, first with the introduction of
Full story available on Benzinga.com