Episode Details

While green mostly dominated the past sessions, Tuesday morning brought a slight dip in U.S. stock index futures. Why, you ask? Well, everyone is on the edge of their seats waiting for Federal Reserve Chair Jerome Powell to spill the beans on tariffs and inflation. Our beloved megacap and growth stocks decided to take a breather, ticking lower, while steelmakers were having a party, extending their gains from the previous session. This was all thanks to President Donald Trump's new tariffs on steel and aluminum imports, starting March 12, targeting major suppliers like Mexico and Canada, though Australia might get a pass. More tariffs could be on the horizon, particularly on vehicles, semiconductors, and pharmaceuticals. Stay tuned.

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