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117 days

The problem with Trump's tariffs isn't the tariffs themselves, Paul Krugman says

1. Krugman warns Trump's tariff uncertainty could lead to recession. 2. Unpredictable tariffs affect business investments and consumer confidence. 3. Market volatility reflects fears over shifting tariff policies. 4. Trump hints at reducing high tariffs on Chinese imports. 5. Some companies are withholding guidance due to uncertainty.

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FAQ

Why Bearish?

The unpredictability of tariffs undermines investor confidence, reminiscent of past volatility periods, notably 2018's trade tensions.

How important is it?

Uncertainty around tariffs directly impacts consumer and business sentiment, which can affect S&P 500 performance.

Why Short Term?

The immediate reverberations from tariff announcements tend to impact markets quickly, as seen in previous tariff adjustments.

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