Trump Tariffs Spark Market Volatility
Description
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Intelligence hosted by Paul Sweeney and Alix Steel
Today’s Podcast Features are:
James Abate, Managing Director & Chief Investment Officer, Centre Asset Management, discusses the impact of tariffs on the markets. He talks about his observations from the selloff thus far and whether it has created any opportunities in the markets. James talks about China’s retaliation of tariffs on the US and whether others will follow.
Kevin Tynan, Director of Research at The Presidio Group, discusses the impact of tariffs on autos. Tesla’s stock extended losses Monday, dropping below a price at which Commerce Secretary Howard Lutnick predicted they’d never fall to again.
Sridhar Natarajan, Bloomberg News Senior Finance Reporter, discussed the impact of tariffs on banks and Jamie Dimon’s letter. Wall Street executives, including Bill Ackman, Boaz Weinstein, and Jamie Dimon, are speaking out against President Trump's decision to impose tariffs worldwide, warning of economic consequences.
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