3/24/2025
US Stocks looked a lot better after the next wave of Trump Tariffs are less widespread than expected
S&P 500 up 1.8%
DJIA up 1.4%
Nasdaq up 2.3%
10 Year Treasury Yields increased to 4.33%
President Trump said he may give "a lot of countries breaks" when it comes to reciprocal tariffs expected April 2. "We may take less than what they're charging because they've charged us so much, I don't think they could take it,"
10 Year Treasury Yields increased to 4.33%
With an upside range as low as 6,200 and as high as 7,100, forecasters are calling for the S&P 500 to rally anywhere from about 10% to more than 26%
South Korea-based Hyundai and President Donald Trump announced a $20 billion investment in US on-shoring on Monday, which includes a $5 billion steel plant in Louisiana, at the White House Monday
“Market conditions are improving dramatically as the angst around reciprocal tariffs is somewhat diminishing. From a risk standpoint, escalation or retaliation has always been a concern, but should the administration come through with a more targeted and tactical strategy around tariff implementation, risks of a full-blown trade war are reduced,” said Charlie Ripley, senior investment strategist at Allianz Investment Management.
New Canadian Prime Minister Mark Carney on Sunday called a snap election for April 28, saying he needed a strong mandate to deal with the threat posed by U.S. President Donald Trump, who "wants to break us so America can own us."
Sources
