Consumers worry about economy. White House disagrees

One day without great tariff developments of the administration of the president of the United States, Donald Trump, is, for the markets, a day of cautious optimism (or ate what happens as “optimism” in such unusual times). There was space to breathe on Monday for the markets to make tentative movements up, especially after the news, on Friday outside the task or a last minute exception for the electronics of the so -called reciprocal tariffs.

White House officials are still doing their rounds in the main news channels to preach the feeling of Trump’s economic policy. The last to do so is the director of the National Economic Council, Kevin Hasett, who, in Fox Business, said on Monday that the country “no” would not fall in a recession this year.

Consumers do not share that faith. A Federal Reserve survey, held in March and published on Monday, is the last of a series of consumer surveys that show feeling about the fall of the economy. Any market gain, then lasts only as far as the rate is not exhausted and causes economic damage, despite the attempts of the White House officials to reassure in the last front.

American markets obtained attempt gains
US actions increased on Monday, assistant for a slight recovery in technological names in the news of a tariff exemption for electronic products. He S&P 500 0.79%rose, the Dow Jones industrial 0.78% rose and the Nasdaq compound Advanced 0.64%. Regional Europe Stoxx 600 The index added 2.69%. Novo Nordisk increased 3.7% after the competitor Pfizer I discarded the development of its experimental pill of daily weight loss on a hepatic lesion in a patient.

Hasset says there is no possibility of recession
The Director of the US Economic Council. UU., Kevin Hasett, said on Monday that 10 “countries had made the” very good and surprising “commercial” Influence, lack of influence, non -feedback and the stock exchange.

Zero day options volatility
The options from day to zero to expiration are partly guilty of the wild changes in the stock market recently. The zero day options, which are contracts that expire the same day that are negotiated, have increased by 23% by negotiation volume from the beginning of the year to April, according to JPMorgan Data. “We found that 0dte (+1dte) have been fundamental to boost more intra -ethful volatility, Maxwell Grinacoff, UBS‘Chief of the United States Equity Derivatives, he said in a note.

‘Transient’ inflation of tariffs
The governor of the Federal Reserve, Christopher Waller, said Monday that he hopes that the effects of Trump tariffs on prices are “transitory.” The Fed last used that term to describe the inflation peak in 2021, which, as we know, has not yet reduced to its target or 2%. “But just because it did not work once it does not mean that you should never think that way,” Waller said, added that the Fed could reduce rates if inflation increases again.

Nvidia to build a supercomputer in the US.
Nvidia Said on Monday that plans to produce up to $ 500 billion of artificial intelligence infrastructure in the US. Through its manufacturing associations in the next four years. His Blackwell’s chips have started production in Phoenix in Taiwan Semiconductor Plants, the chips manufacturer wrote in a blog post. Nvidia is also building manufacturing plants in Texas to produce Ai Super Computers: the first time Nvidia will completely do a completely in the US.

[PRO] ‘Prepare to be deceived’ in rates: Morgan Stanley
Despite the concessions recently on Trump rates, Morgan Stanley He warned investors not to lower their guard. “Investors should prepare to be cheated many times more,” said the firm’s strategists led by Matthew Hornbach in a note to the clients entitled “Find me once, shame. You deceive you twice, shame for me.”

Trump tariffs won the lead supply chains to US companies.

If China is going to lose some manufacturing as results of Trump’s tariffs, the United States manufacturing sector won the main beneficiary, according to a new survey of the CNBC supply chain. The Trump administration says that a reinforcement boom is approaching, but most companies tell CNBC that costs could be double to recover supply chains and, on the other hand, will begin a new search for low rate regimes throughout the world.

Almost three quarters of respondents (74%) said that the cost was the main reason to say that they would not be reformulating production, followed by the challenge of finding qualified labor (21%). The Trump administration has promised tax cuts for companies that bring manufacturing back, but the survey found that the lowest taxes in the classification of costs that affect the decision making of the manufacturing site.