David Crowther

2 weeks ago | sherwood.news | David Crowther

Stocks could do anything in the coming weeks, but volatility really does beget volatility. Strap in. Volatility is back. Yesterday’s dramatic 4.8% tariff-charged sell-off was the S&P 500’s biggest daily drop since June 11, 2020 — back when when the world was grappling with the novel coronavirus. Today, global markets have picked up right where they left off, dropping around the world after China announced 34% retaliatory tariffs on US goods.

3 weeks ago | sherwood.news | David Crowther

President Trump drops the big billboard of tariffs on “Liberation Day”, Washington DC, April 2, 2025 (Chip Somodevilla/Getty Images)As global stocks sell-off, platforms that trade event contracts like Kalshi and Polymarket signal that a recession is now more likely than not in America. Yesterday, President Donald Trump finally unveiled the long-anticipated set of reciprocal tariffs, sparking a sharp decline in global markets this morning, with stocks selling off in Europe, Japan, and China.

3 weeks ago | sherwood.news | Claire Yubin Oh |David Crowther

Meta Ray-Ban glasses (Getty Images)No — because they will cost at least $1,000. For years, tech companies have been trying to sell us on the idea of putting technology into stuff to put on our face. But historically, the hype for products like smart glasses has been short-lived. First came Google, with its “Glass” product proving all the way back in 2012 that people mostly wanted glasses simply to help them see.

3 weeks ago | sherwood.news | David Crowther

Alphabet is a remarkable entity. Today, millions of people will fire up Google Chrome, check their Gmail, and then flick over to YouTube — now the biggest thing in TV, and potentially worth some $550 billion — all while Alphabet’s self-driving car division, Waymo, safely delivers thousands of people to their desired destination... and Google itself handles over 150,000 search queries every single second. But one tiny bug in the Finance product is enough to make me forget all of that.

3 weeks ago | sherwood.news | David Crowther |Hyunsoo Rim |Claire Yubin Oh

President Donald Trump steps off Air Force One in Maryland, March 30, 2025 (Brendan Smialowski/AFP via Getty Images) Markets in Europe and China were modestly red, while Japan’s Nikkei 225 dropped 4%. David Crowther, Hyunsoo Rim, Claire Yubin OhThe final trading session of Q1 2025 is shaping up to be a microcosm of the three-month period that it will close out, with markets around the world turning red as investors second-guess US trade policy.