President Donald Trump’s sweeping series of tariffs announced Wednesday sparked major equity sell-offs from investors Thursday as analysts anticipate a major global economic slowdown.

A level of shock unseen since COVID’s outbreak tore through financial markets worldwide, as the S&P 500 sank 4.8%, the Dow Jones Industrial Average dropped 1,679 points, and the Nasdaq composite sank 6% Thursday.

Marc LoPresti, CEO and chief market strategist at Market Rebellion, joined “The Rush Hour” to provide context on the tumbling markets.

Tap the video player above to watch the interview.