Market experts EP Wealth Advisors’ Adam Phillips and Slatestone Wealth partner Kenny Polcari analyze tariff-fueled market volatility, the Fed’s ‘period of uncertainty’ and earnings season. Phillips says last week, the U.S. enjoyed a little bit more of a calm trading environment with the exception of Wednesday when Jay Powell spoke, but that there is…
Stocks tumbled on Thursday after a strong rally following President Donald Trump announcing a 90-day pause on tariffs. The Dow Jones Industrial Average was down 1,014.79 points, or 2.5%, while the S&P 500 and Nasdaq Composite fell 3.46% and 4.31%, respectively. Stocks had a historic rally on Wednesday after Trump said the U.S. will pause “reciprocal” tariffs…
China has added a 50% retaliatory tariff on U.S. imports deepening a trade war currently shaking up global markets. The addition of 50% brings the total tariff to 84%. President Trump’s latest round of tariffs took effect Wednesday when he announced a 104% levy on Chinese goods. The new levies apply to all US…