In the US – the country whose president kicked off this meltdown in his bid to remake the world’s economic order – Wall Street experienced its largest one-day loss since June 2020.

Global money market funds saw massive inflows in the week ending April 2 as investors grew cautious over U.S. President Donald Trump's aggressive trade policies, which are heightening fears of a global slowdown and prompting some economists to revise their recession projections upward.

Trump's tariff increase could cost U.S. households $700 billion, the largest de facto tax hike since LBJ needed to finance the war in Vietnam.

Global markets slid further and Wall Street was on track for another day of crushing losses Friday after China responded to U.S. President Donald Trump's latest set of tariffs with some of their own.

Here are some notable moves across sectors in global markets, following President Trump’s “Liberation Day” tariffs. 🍾 Alcoholic drinks Some investors turned to drink: Scotch producer Diageo and Aperol maker Campari were among the few risers in Europe.

One key category with potential is wellness. Driven by longevity, Kearney’s report found that the wellness economy offers new opportunities for luxury brands to lean into with services that focus on health and vitality. The wellness economy is expected to exceed $7 trillion this year.

Harding Loevner, an asset management company, released its “Global Developed Markets Equity Strategy” fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. International stock markets concluded the last quarter of 2024 on a negative note,

Pimco cofounder and “Bond King” Bill Gross is warning investors away from plunging into the market bloodbath and trying to root around for less expensive securities. “I think there will be time to buy many of these bargains over the next few days,