Markets around the world faced extreme volatility in the wake of Liberation Day, with waves of selling triggered by a confluence of political symbolism, liquidity constraints, and broader risk-off sentiment.
Trump unveiled the steepest American tariffs in over a century, taking aim at nearly every major US trading partner. The minimum baseline tariff will be 10% and the highest rate for the latest round of tariffs is 49%.
This feels like the Covid-19 days to me a couple of years ago in terms of how emotionally disturbed and reactive investors have become. Yes, investors are rattled, emotions are running high, and many are second-guessing everything from their positions to even their conviction.
Where do we go from here and what do you plan to do?
I invite you to participate in this survey to share your insights. Please send me your feedback via email. The results of the survey will be covered in our next webinar.