Part 2/10:
The recent selloff can be attributed primarily to two interconnected factors. Firstly, it's common for market activity to wane over the weekends, leading to a sharper impact from reduced trading volumes. In this case, heightened fears surrounding proposed tariffs initiated by former President Donald Trump spurred an environment of uncertainty. He announced 25% tariffs on goods from Canada and Mexico along with a 10% tariff on imports from China.