President Donald Trump's tariffs vaporized $6 trillion in value from the stock market in just two days of trading last week—and the bloodbath continued on Monday morning.
Here's the bad news: That's not the end of the bad news.
As ugly as the stock market losses have been, the big hit from Trump's tariffs probably haven't even arrived yet. As always, the stock market is not the economy—it's an aggregated indicator of what investors think the economy will look like in the future. Right now, they think it will be bad. Really bad.
