It's Monday, March 31, 2025
Last week brought a wave of market volatility, with the S&P 500, Dow, and Nasdaq all posting losses amid rising concerns over inflation, trade policy, and weakening consumer confidence. In this episode of Momentum Mondays, we break down the factors driving the selloff — including the newly announced 25% auto tariffs, hotter-than-expected core inflation data, and a sharp drop in consumer sentiment to its lowest level since 2021.
We also dive into key technical developments, like major indexes falling below their 200-day moving averages, and what that could mean for the market’s direction moving forward. Plus, we preview a packed week of economic data, including the March jobs report, and give a quick, jargon-free explainer on consumer confidence and why it matters to your financial decisions.