‘Waterfall’ decline base case risk to US market: Chris Wood

April 5, 2025

He said April 2-when Donald Trump announced the imposition of tariffs on imports into the US-is an ‘impoverishment’ day, not a ‘liberation’ day, as termed by President Trump. On Thursday, Wall Street posted its worst day since 2020 in response to the announcement of worldwide tariffs the previous night.

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