Financial markets have been marked by uncertainty this year, largely due to the Trump administration’s policies. Tariffs are the primary financial concern, with President Trump expressing his commitment to them despite their unpopularity and economic risks. This has led to concerns about higher inflation, slower economic growth, and strained international relations. Bonds have been significantly affected, with Treasury yields fluctuating dramatically in response to tariff announcements. The potential for further market disruptions remains high, possibly triggered by other administration policies such as extending tax cuts and increasing the federal budget deficit. Additionally, efforts to weaken the dollar’s value to boost exports have unsettled global investors, raising doubts about the dollar’s role as a safe-haven asset. These developments pose challenges for investors but also create new opportunities within volatile markets. \n— new from The New York Times