The past few weeks have been tough for investors. All three major benchmarks have dropped, temporarily halting what looked like unstoppable momentum.

President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”

Trump’s acknowledgment of economic turbulence was a reversal from previous cheering of his policies, and it contrasted with reassurances from his own advisers Sunday.

Bond traders are signaling an increasing risk that the US economy will stall as President Donald Trump’s chaotic tariff rollouts and federal-workforce cuts threaten to further restrain the pace of growth.