Newscasts - Stock market rightly 'throwing a temper tantrum', says financial advisor

Ameriprise Financial

04/04/2025 21:26

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Source: 'Reuters - Business videos'

Description: The U.S. stock market is "throwing a temper tantrum frankly... rightly so," says Jason Metz, private financial advisor with Ameriprise Financial after President Donald Trump imposed steeper tariffs than expected.

Short Link: https://refini.tv/4iZpbPF

Video Transcript:

But I make it the market with today and the selloff, it is the continued tariffs show. So obviously, we have a market that is throwing a temper tantrum. Frankly, probably rightfully so when you think about what the Street was expecting in terms of a more tempered approach and a tempered narrative to tariffs and trade in general, and then just, you know, what we've seen and- not just how cavalier the numbers seem, but also how cavalier the messaging is. So we have a market that is absolutely selling off on that due to uncertainty, due to distaste for, you know, the proposed policy. And that happened yesterday, that carried over into today, and obviously, you know, even with a jobs report that was actually very, very good, market didn't even blink at that. It's back to tariffs. It's back to also with China now announcing reciprocal tariffs on their end. So until we see some real, in my opinion, some real clarity on what sort of negotiations are going to happen and what the White House wants to occur for said tariffs to be reduced or to be, you know, in some cases, eliminated, I think we're going to continue to see a market that is just, you know, very unhappy.