Weekly Economic Snapshot: Jobs Strength in Rearview Mirror as Tariff Fears Grip Markets

Published on April 7, 2025

Last week's economic landscape was dramatically reshaped by President Trump's announcement of sweeping tariff policies on what he declared "Liberation Day." His announcement triggered a historic sell-off in the stock market.

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The Tariff Recession?

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Good news: Tariffs will not make the world end. American businesses will do what they do best, which is adapt. While the probability of a recession has increased, we always get through it and the best businesses thrive. Unless directly affected by tariffs, don’t change your personal plans that much.