Stocks' post-GDP whiplash shows it’s ‘foolish’ to expect anything but volatility

The stock market is experiencing whiplash amid trade-war anxiety, with the shrinking of the U.S. economy in the first quarter underscoring investors’ worries over tariff uncertainty.

The Bureau of Economic Analysis estimated on Wednesday that real gross domestic product declined 0.3% in the first quarter. While Wall Street had anticipated that a surge in imports would be a drag on GDP as companies scrambled to get ahead of President Donald Trump’s tariffs, the report was a reminder to the stock market of the global trade war’s disruption.



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