As the first quarter unfolds, economic and corporate uncertainties persist, primarily driven by tariffs impacting imports from China and affecting economies in Canada, Mexico, and Europe. Services firms, particularly in IT, are uneasy due to their reliance on international revenue. Surprisingly, European markets like the DAX 30 and FTSE 100 have shown strong returns amid a fluctuating US dollar. Healthy consumer spending follows a robust holiday season, although clarity on fiscal policies, especially regarding tariffs and taxes, is needed as volatility persists. Upcoming conferences across various sectors may provide insights into CEO perspectives and market trends.