Part 1/9:
The Economic Word of the Week: Turmoil in the Markets
The ongoing uncertainty in U.S. trade policies has led many analysts to predict a tumultuous period for the economy, particularly in light of President Trump’s intentions to raise import tariffs. In a recent interview, Trump expressed reluctance to answer questions regarding a potential recession, which only fueled market panic. This resulted in significant declines in major stock indices, with the S&P 500 dropping nearly 2% at market open and continuing to decline throughout the day.