in stock

And the President's 90-day pause on some of these tariffs on 9 April set off a relief rally in stock markets.

And the wild swings in stock markets around the world, egged on by the heightened risk of global recession, have not been good news for investors in the UK.

Jack explains that what happens in stock markets is not necessarily the same thing that happens in the economy.

Very large falls in stock market values, like these, mean there has been a fundamental reappraisal of future profits for the companies that make up the stock markets of the world.

What occurred this week was not just the US starting a global trade war, or sparking a rout in stock markets.