Tariff-fogged markets leave investors flying blind

News Snapshot:

Global investors admit to flying blind in markets roiled by erratic U.S. trade rhetoric and chaotic economic forecasting, stressing that placing long-term bets was harder now than at any time since the 2020 COVID-19 crisis. Anxieties over whether a 90-day White House-China tariff truce will hold, plus U.S. budget gaps and whipsawing currencies have made investors extremely cautious about where to put their money. Markets have been on a rollercoaster ride for weeks, with world stocks rallying 20% from more than one-year lows hit after U.S. President Donald Trump’s April 2 tariff bombshell, after slumping 15% in three sessions. The...