Tuesday Afternoon Links

[AP] Wall Street rallies and recovers all of Monday’s slide as the dollar and US bond market steady

[Axios] Trump edges closer to crossing the market's reddest line

[Yahoo/Reuters] Fed's Harker says US poverty levels may be understated

[Bloomberg] Trump’s Trade War Shaking Pillars of Financial System, IMF Warns

[Bloomberg] Bessent Expects Tariff Standoff With China to De-Escalate

[Bloomberg] Trump’s Fed Attacks Have Significant Market Impact, Goldman’s Hatzius Says

[Bloomberg] Fund Market Is Hit by ‘Patriotic’ Reset in Reaction to Tariffs

[WSJ] Global Economy Set for Slowdown as Tariffs Herald New Era, IMF Says

[FT] Tett: Jay Powell is defiant in the face of Trump’s threats

[FT] IMF warns of rising US recession risk and defends Fed rate policy

[FT] Trump’s attacks on Fed chair Powell worry investors

[FT] Dollar rout forces UK currency risk specialist to suspend shares