Uncertainty and volatilty and confusion
Major indexes on Wall Street are highly volatile this morning after conflicting messages from the Trump administration over global tariffs. At first, there appeared to be word of a potential tariff pause under consideration at the White House; that sent stocks briefly skyrocketing. Then, another report came that contradicted the first, and stocks plunged again. Plus, with stocks tumbling, money has been pouring into safer alternatives like money market funds and CDs.