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Whipsawing Wall Street puts ASX back in a tailspin

Investors and traders start the day doing one thing, and finish it doing the opposite. Welcome to markets in the Trump-tariffs era.

The ASX’s wild ride has nothing on Wall Street.

Tariff madness is causing chaos. Markets open the session one way, only to do a complete U-turn. Sometimes it is on facts. Other times suspicion. But it shows just how jittery investors are about all things tariffs, Donald Trump, US recession and interest rates.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/whipsawing-wall-street-puts-asx-in-a-tailspin-again-20250407-p5lpnb