"The Tariffs Are Coming" - Markets Collapsing Sunday Night

Administration dismisses recession fears despite historic selloff

Hey there,

Sunday trading has turned catastrophic with futures plunging - S&P 500 down 4%, Nasdaq crashing 5%, and Dow dropping 1,400 points as Trump's sweeping tariff policy takes effect.

The initial 10% duty on all imports began Saturday, with targeted tariffs up to 50% on approximately 60 countries set to begin April 9th, despite global markets already shedding over $5 trillion in value.

Fed Chair Powell indicated "it's too soon to say what the appropriate monetary policy response will be" - suggesting no immediate rate cuts despite market panic. Access this story here.

-Christopher

P.S. Historical patterns suggest further pain ahead - median S&P 500 pullbacks during recessions typically reach 22.1%, with the index already down 17% from its February peak. CLICK FOR FULL STORY >>