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All right, and here is your schedule.

Do you guys say schedule or schedule?

Hello, good morning, everyone.

This is Playbook's managing editor and author, Jack Blanchard.

It is Wednesday, March the 12th, and here's what's driving the day.

Well, given we're in Trump world, there are multiple stories driving the day. The economy continues to be the big one here in

Washington and all around the country with stock markets sliding, these tariffs coming into

effect today on metals causing whiplash and this overall fear of an economic recession spreading around the

country. We saw the Ontario Premier Doug Ford yesterday telling Commerce Secretary Howard Lutnik

that he would suspend the 25% tariffs on Canadian electricity exports and in return the White

House announced it would reduce the tariffs to be levied against Canada from 50% to 25%,

but they are still big tariffs that are coming into effect and it has made for a volatile moment in the stock markets.

The S&P 500 is nearing correction territory amid fears that the tariffs will expand and damage the US economy.

And this week it and the Dow and the NASDAQ composite had their

worst two-day drop since August. Has President Trump done much to calm the economic jitters? He has not.

He spoke with Business Roundtable last night and he was telling prominent CEOs that the country is

simply in, quote, a period of transition. You can make up your own minds about

that. Something else big happening that investors have been watching is whether Congress is going

to avoid a government shutdown. We saw the big vote in the House last night. House Republicans

coming together to pass their seven-month stopgap funding bill by the narrowest of

margins, 217 votes to 213. Speaker Mike Johnson pulled it out the bag, but it still has to get

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