After the tariff scare, Treasury yields are on the rise as investors focus on the worsening fiscal outlook.

The dollar’s decline reflects concerns among global investors.

The scope of the temporary reductions took markets by surprise.

Meanwhile, “old economy” stocks that pulled ahead in the first quarter are falling behind again.

The slowdown comes as US firms stock up on inventory ahead of Trump’s tariffs.

Wall Street expected bull markets, but got intense volatility and uncertainty instead.

After the recent selloff, the bull market’s most in-demand stocks look much cheaper.

Plus, more takeaways from the famed investor’s 2024 letter to shareholders, including Berkshire’s growing Japanese investments and record tax bill.

Worries about Western AI dominance permeated the markets, with Nvidia stock plunging 17% alongside other chipmakers, utilities, and more.

Investors can thank big tech and a resilient economy.