March trading has started with a bang. The Dow closed down 400 points today after two big events. President Trump announced tariffs on steel and aluminum and the new Fed Chair, Jerome Powell, testified in front of the Senate Finance Committee. Chad Leat is a former Citigroup and JPMorgan Chase executive. Leat joins Cheddar to break down the market movement and recent volatility. When asked about President Trump's announcement about tariffs, Leat says good and fair trade traffics make for good politics, but willy-nilly tariffs are bad policy. When it comes to the current state of the market, Leat says everyone has the same worry in their mind, inflation. Leat says the highs the market saw in January were not sustainable. He explains the daily ups and downs of the market tend to freak people out, especially when they go down. But Leat encourages investors to try to look at the overall market and understand the full market. Leat says it is still a good time to be in the market, longterm.

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Tech leader who navigated the internet’s 90s crash weighs in on AI
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
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