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The Market’s ‘Million-Dollar Question’ for 2Q
Manage episode 491741049 series 3645668
Tom Essaye reacts to trade developments between the U.S. and Canada over the weekend and what he thinks the administration’s strategy is now. “The market is hitting all time highs ahead of [the July 9 trade deadline]” because of the TACO trade, he posits but explains why that’s also an oversimplification. The “million-dollar question” for the second half of 2025 is whether tariffs will slow the economy. He comments on the lawsuits against the tariffs and the potential for trade deadline extensions.
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5670 episodes
Manage episode 491741049 series 3645668
Tom Essaye reacts to trade developments between the U.S. and Canada over the weekend and what he thinks the administration’s strategy is now. “The market is hitting all time highs ahead of [the July 9 trade deadline]” because of the TACO trade, he posits but explains why that’s also an oversimplification. The “million-dollar question” for the second half of 2025 is whether tariffs will slow the economy. He comments on the lawsuits against the tariffs and the potential for trade deadline extensions.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
5670 episodes
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