Trump's Tariff Push May Embolden Stock Market Vigilantes

  • Stocks continue to rally with the S&P 500 up about 26% from its April 8 trough, when equities initially declined on the White House announcement placing higher tariffs on nearly the entire world. Should the threats of harsher tariffs become reality, so-called stock market vigilantes may emerge and begin to sell equities, potentially reversing the market's record-breaking climb.