"Definitely Staying in Place" - Trump's Tariffs Trigger Sunday Night Panic
What investors must know before markets reopen Monday morning
Hey there,
Global markets are crashing Sunday evening with futures in freefall after Trump's tariffs wiped out over $5 trillion in value - the worst market reaction since March 2020.
The administration is standing firm with Commerce Secretary Lutnick declaring the tariffs are "definitely staying in place" while Treasury Secretary Bessent insists they're "building long-term economic fundamentals for prosperity."
Meanwhile, the Nasdaq has officially entered bear market territory, down more than 20% from recent highs, as JPMorgan now forecasts a recession later this year. Access this story here.
-Char
P.S. The dollar has experienced a shocking reversal, plummeting from 104.31 to 101.27 in just 24 hours as safe-haven currencies surge amid growing fears of a global trade war. CLICK FOR FULL STORY >>