As daily losses go, the Nasdaq Composite’s 0.2% decline on Tuesday is relatively tame compared to previous days. The Nasdaq is now down nearly 10% on the year, with the tech-heavy Nasdaq 100 off a slightly more palatable 7.8%.
Donald Trump is hell-bent on tariffing the world into submission, starting with Canada. Still, this will only deliver a hard landing for the U.S. economy, something that wasn’t in the cards in November, post-election.
