U.S. stocks were slammed for a third day on Monday as the White House remained defiant even after President Donald Trump’s rollout of shockingly high tariff rates on most key U.S. trading partners has caused a market meltdown.
U.S. stocks were slammed for a third day on Monday as the White House remained defiant even after President Donald Trump’s rollout of shockingly high tariff rates on most key U.S. trading partners has caused a market meltdown.
Interesting to note the same thing happened with CA/Mex tariff 1month pause, and after denying the rumor Trump did the pause anyway. IMHO that’s why today’s bounce had legs, algos uncertain if near history will repeat itself. It just might, careful how many puts you load up on out there traders!