Viewpoint: "Tariff Day" Impact Looms Large, Risk Assets May Experience Temporary Rebound

BlockBeats News, March 31st: StoneX Global Market Research Director Matt Weller emphasized in a recent report that "market abhors uncertainty" is an ancient Wall Street adage, and the ambiguity of the tariff statement has undoubtedly severely damaged risk appetite. Weller stated, "Once the other shoe drops, risk assets and the US dollar may experience a brief rebound." However, he warned that if Trump continues to escalate tariffs after April 2nd, "any rebound in risk assets will be short-lived unless traders are convinced that these disruptive economic policies have come to a complete end."

Meanwhile, Jed Ellerbroek, Portfolio Manager at Argent Capital, observed that this tariff policy uncertainty is driving funds into low-volatility and value stocks, and the recent weak performance of tech giants in the past few weeks has confirmed the market's defensive mindset. To reverse this risk-averse sentiment, he believes that "increased tariff policy visibility is a necessary prerequisite." (FXStreet)