Global markets: Investors continue to flee the U.S. as analysts predict tariff-induced recession

(Credit: Michael Nagle—Bloomberg/Getty Images)

• Investors continued to shy away from U.S. assets as they digested the ongoing potential fallout from President Trump’s tariff regime, and China’s response to it, over the Easter weekend. The S&P 500 is down 10% year to date. Futures in the S&P were down more than 1% this morning.

Stock trading was thin over the Easter weekend as many global markets were closed for Good Friday and Easter Monday. But there was one obvious indicator of sentiment regarding the U.S. economy: the weakening dollar.