Welcome to the week of April 2: the day president Donald Trump will deliver on his promise to impose reciprocal dollar-for-dollar tariffs.  Fundstrat’s Tom Lee suggested on CNBC Monday that markets could have the “right pieces” for a bottom this week.

Tariffs are typically bad news for the economy and stock market. "They raise prices, slow economic growth, cut profits, increase unemployment, worsen inequality, diminish productivity and increase global tensions," according to David Kelly, Chief Global Strategist at J.P. Morgan.

Too soon to declare the ‘all clear,’ the market will likely remain volatile and idiosyncratic,” says Lisa Shalett, Chief Investment Officer at Morgan Stanley