The Trade War Trapdoor
Source: SeekingAlpha
2025-04-03 22:45:00 ET
Summary
- Stocks crashed today for no apparent reason. Try as they might, analysts couldn’t pinpoint a catalyst, then stumbled upon a trade policy proclamation from the White House yesterday.
- Indeed, the worst crash since covid was all about President Trump’s “Liberation Day” tariff announcement landing heavier than expected.
- The VIX volatility gauge took one look at that and vaulted like a biotech stock with a rumor and no revenue, surging 40% from 21.5 to 30.
Stocks crashed today for no apparent reason. Try as they might, analysts couldn’t pinpoint a catalyst, then stumbled upon a trade policy proclamation from the White House yesterday. That might have been it....
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The Trade War Trapdoor
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