Episode 194 - Marks on the Markets: Tariffs, Uncertainty & Threading the Needle with Bob Doll

Faith Driven Investor

In this timely market analysis, Crossmark Global Investments' Bob Doll joins Richard Cunningham and John Coleman to dissect the dramatic market correction of Q1 2025 and the economic uncertainty driving it.
Key Topics Covered:

• The fifth fastest market correction since WWII and what caused it
• Trump administration's economic strategy: taking pain upfront for potential gains later
• Tariffs as revenue generators vs. inflation drivers
• Rising recession probability (now 35-40%) amid continued uncertainty
• The "Magnificent 7" tech stocks' slowing cash flow and what it means for portfolios
• Geopolitical outlook for Russia/Ukraine, Middle East tensions, and China's vulnerabilities
• What could restore market confidence in coming months
• Future of M&A activity and IPO markets amid regulatory changes
• Faith-driven investing insights and the need for patience in volatile times

Bob shares his current recession probability assessment and what economic indicators he's watching closely. The discussion explores how the administration's aggressive early moves—particularly around tariffs and budget cutting—are creating short-term market turbulence but could potentially lead to economic benefits if properly executed.
The conversation concludes with personal reflections on patience, humility, and maintaining proper perspective as faith-driven investors during uncertain economic times.

Recorded on April 1, 2025