Stocks were slammed for a third day as the White House remained defiant, even after President Donald Trump’s tariff rollout caused a market meltdown.

The fear of a recession is mounting as Goldman Sachs and J.P. Morgan both raise the odds of a percentage as the market continued to have brief rebounds and steep declines Monday.

Jay Woods, chief global strategist at Freedom Capital Markets, joined “The Rush Hour” on Monday to discuss what made the day’s session so volatile, and what we can expect the rest of the week.

Tap the video player above to watch the interview.