Part 4/8:
The current volatility within the financial markets can be largely attributed to fears arising from potential tariffs, as well as the underlying weakness of the economy. Expectations surrounding President Trump's tariff strategy, which many thought would be more tempered, have shifted dramatically, leading to panic within the markets. The idea that these tariffs could trigger a prolonged trade war has led many to reassess their positions in both equity and commodity markets, resulting in significant liquidations and a drop in global interest rates.