Experts explain the quake Trump tariffs are sending the stock market crazy - these three scenarios are still conceivable now

Stock markets around the world are currently on a rollercoaster ride. What experts advise - and what options are still available to calm things down.

Over the past three days, the Swiss stock market has been like a stormy sea, with prices swaying up and down like ships in rough seas.

On Monday, the Swiss benchmark index SMI suffered a total price collapse and closed down 5.2 percentage points. One day later, the market staged a hesitant recovery - only to fall again on Wednesday by over 4 percent. Today, Thursday, the market is likely to rise sharply again following the announcement of the tariff pause.

Since Donald Trump's tariff hammer, the stock markets have generally only known one direction. The SMI has lost around 12.5 percentage points since last Wednesday - although the losses were particularly heavy this week.

blue News explains the most important background to the stock market quake.

This is a delayed reaction, explains Christian Gattiker, Chief Investment Strategist at Julius Baer. This is typical for such market events.

"At first, the setback was absorbed by private investors who 'bought the dip'. But as the recovery failed to materialize, the realization set in that the conflict is of a structural nature - and this has put the markets under massive pressure in the last two days," he explains.

However, Gattiker does not want to talk about a permanent downward loop. "Rather, we are on a very turbulent journey, the destination of which will probably be a new equilibrium in the global trading system. There will be political reactions, there will be adjustments on the corporate side - but that will take time. Patience is now a virtue."

It remains to be seen whether the stock market will recover partially on Thursday. A significant gain is expected in the pre-market.

According to the experts, patience is required here too. "Even if we can't look into the future, a look at the past shows that crises pass - and markets recover. Sometimes it takes a little longer, sometimes it happens surprisingly quickly," says Carina Wetzlhütter, marketing and finance expert at financial services provider Selma.

Young people in particular should stay invested despite the unrest. They have an investment horizon of several decades. "In retrospect, such phases are often even helpful - because you can buy more cheaply. Our tip is therefore clear: don't take a break, keep at it."

Here, too, it's important to stay calm. "Emotions are the worst financial advisors," says Wetzlhütter. "In turbulent times, it pays to stay calm and stick to your plan. If you have a long-term investment plan, you shouldn't react hastily now," she recommends.

Incidentally, this applies during every stock market phase: "Both in phases of fear and panic - such as perhaps right now - and in times of euphoria." The key is not to act on instinct, but with a clear head.

According to Christian Gattiker from Bank Julius Baer, two things are needed. Firstly, a clear political perspective, such as a willingness to engage in dialog or a withdrawal of the measures. "And secondly, a psychological market adjustment: We are currently still seeing too many attempts to buy weakness," says Gattiker.

If none of these points are in sight, the monetary authorities could also be called into action. This refers to the national banks: "The Federal Reserve and possibly numerous other central banks would then have to go all-in and stabilize the markets with heavy injections of monetary policy."

According to Gattiker, it is clear that uncertainty is likely to persist until then, even if the Trump administration is currently backtracking on some of its tariff demands: "A sustainable recovery requires confidence - and this will only be restored when political and economic clarity returns."