Charles Schwab's Collin Martin offers a big picture perspective on the state of markets after President Trump said he would raise tariff rates on several countries. He sees stagflation as a risk but not a serious one, adding that inflation is far from the worst it could be. Collin also talks about the Fed and the other side of its dual mandate, arguing that if the employment picture stays intact, the FOMC may not need to cut interest rates anytime soon.