Trump Sows Profound Uncertainty for Stocks

New York Times: “The thing that investors really struggle to put a price on is uncertainty. And right now, there is a profound sense of uncertainty in the stock market.”

“It has been brought on by the whipsawing policies and pronouncements of the Trump administration. To name just three: the on-again, off-again threats of tariffs; President Trump’s refusal to rule out the possibility of a recession, followed by reassurances that a severe downturn is unlikely; and the chaotic cuts to the federal government.”