TLDR 

MARKET RECAP → Stocks dropped Thursday, extending a three-week sell-off as fresh tariff threats from President Donald Trump kept markets under pressure.

GERMANY BRACES FOR RECESSION AMID U.S. TARIFFS → Germany’s central bank warned that U.S. tariffs could push the economy into recession, as the EU retaliates with $28B in counter-tariffs and debates loosening debt limits.

EGG PRICES CRACK UNDER PRESSURE → Egg prices fell 15% in March as supply stabilized, but they're still up 170% from last year. A DOJ probe into price manipulation looms, while Trump’s tariffs add inflation worries. 🥚

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MARKETS

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Notable Earnings This Week

TODAY’S TOP NEWS

Germany Braces For Recession Amid U.S. Tariffs

🇩🇪 The head of Germany’s central bank warned that U.S. tariffs could tip Europe’s largest economy into recession, piling onto existing stagnation.

🌍 Germany’s export-heavy economy—already hit by post-COVID slowdowns and an energy crisis—faces further strain as the EU retaliates with $28B in U.S. tariffs.

💰 Meanwhile, Germany’s next ruling coalition debates loosening strict debt limits to boost defense spending, which could test the EU’s AAA credit rating.

TODAY’S TOP NEWS

Egg Prices Crack Under Pressure

🥚 Prices Dropped: Egg prices fell 15% in early March, with large white shell eggs averaging $6.85 per dozen—offering consumers a rare break from food inflation. The USDA credited the drop to stable production and no new avian flu outbreaks in two weeks.

📉 Still Historically High: While down recently, egg prices have soared 170% from a year ago, fueling a DOJ investigation into possible price manipulation by major producers. Companies have blamed supply shortages from avian flu culls, but critics argue corporate control over pricing plays a role.

🔍 Inflation & Trade Worries: Egg prices remain a flashpoint in the broader inflation debate, especially with Trump’s tariffs potentially increasing costs on imported goods. Consumer spending shifts suggest rising frustration, as high prices continue to shape breakfast habits.

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