Tariff clock ticks down

Tax cuts are coming Trump team says, tariff clock ticks down, Treasuries are the standout play, FDIC: banks can now engage in crypto activities without prior approval, and gold surges past $3,100...

Author

Market Briefing
March 31, 2025

In partnership with

Good morning.

The Fast Five → Tax cuts are coming Trump team says, tariff clock ticks down, Treasuries are the standout play, FDIC: banks can now engage in crypto activities without prior approval, and gold surges past $3,100…

Calendar: (all times ET) - Full Calendar

  • Today:
    none watched

  • Tomorrow:
    Construction spending, 10:00A
    Job openings, 10:00A
    Auto sales, TBA

Your 5-minute briefing for Monday, March 31:

BEFORE THE OPEN

As of market close 3/28/2025. Bitcoin as of 3/30/2025.

Pre-Market:

US Investor % Bullish Sentiment:
↑ 27.58% for Week of March 27 2025

Previous week: 21.58%. Updates every Friday.

Market Wrap:

  • Futures down: Dow -172 pts (-0.4%), S&P -0.5%, Nasdaq -0.7%.

  • “Liberation Day” tariffs hit Wednesday; Trump doubling down.

  • WSJ: Trump pushing tougher stance; tariff fog clouds markets.

  • S&P -6.3%, Dow -5.2%, Nasdaq -8.1% MTD.

  • March jobs report drops Friday.

EARNINGS

Light week. Here’s what we’re watching:

TOGETHER WITH PUCK

Get the Story Behind the Story

Do you crave the intersection of money and power? Are you curious what CEOs and West Wing staffers read to know what's really happening behind closed doors? Look no further than Puck—a trusted source for executives, insiders, and anyone who wants to stay in the know.

Unlock exclusive stories across Hollywood, Wall Street, Washington, fashion, media, sports, and the art world for free when you sign up for a 14-day trial.

HEADLINES

Trump admin economic officials had mixed message for consumers Sunday: Tariffs won't raise prices, but even if they do you'll be fine when we cut taxes.

The intensifying global trade war is heightening risks of a sharp growth slowdown in the US and upending investors’ portfolios.

  • Stocks skid, bonds rally as tariff clock ticks down (more)

  • Investors hope Trump will end tariff uncertainty April 2 (more)

    • Trump says reciprocal tariffs will target all countries (more)

  • Gold surges past $3,100 as tariffs, uncertainty propel safe-haven flows (more)

  • Trump threatens Russia oil penalties, citing anger at Putin (more)

  • China's factory activity expands at fastest pace in a year (more)

  • Goldman sees tariffs spiking inflation, stunting growth, recession risk (more)

  • Musk’s XAI deal offers unexpected win for X investors (more)

  • Trump says TikTok sale deal to come before Saturday deadline (more)

  • FDIC says banks can engage in crypto activities without prior approval (more)

  • CoreWeave valued at $23 billion in muted Nasdaq debut (more)

  • Deal slump hits US high-grade bond supply, pressures spreads (more)

  • Charlie Javice found guilty of defrauding JPMorgan in $175M acquisition (more)

DEALFLOW

M+A | Investments

  • 65 Equity makes Europe foray with Swiss Pharma merger (more)

  • US Aid Agency set to merge with State Department on July 1 (more)

VC

  • Allen Control Systems, a company specializing in autonomous precision robotics for defense, raised $30M in Series A funding (more)

  • Layer Health, a health tech company using AI for the chart review, raised $21M in Series A funding (more)

  • DeepIP, an AI platform for IP attorneys, raised $15M in Series A funding (more)

CRYPTO

  • MARA Holdings plans huge $2B stock offering to buy more Bitcoin (more)

  • Crypto’s Trumpian embrace is leaving Bitcoin’s big rival behind (more)

  • Bitcoin options show traders are hedging against drop back below $80K (more)

BULLISH BITES

🇬🇱 Inside the Klarna-Affirm rivalry reshaping one of the biggest fintech IPOs.

🤦🏻‍♂️ The new billionaires of the AI boom.

🎥 Reddit’s 50% plunge is partly thanks to a change in Google's search algorithm.

🎁 Hot restaurants come and go, but impeccable vibes are forever.

DAILY SHARES

Have a comment or suggestion?
💌 Send us a message

*sponsored message

Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. Please conduct your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Market Briefing team. 

Reply

or to participate.