EPISODE · Apr 7, 2025 · 18 MIN
Bad Medicine and Lots of Hope Priced In
from NAB Morning Call
Tuesday 8th April 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets were momentarily excited earlier when it seemed that the President might be delaying tariffs for 90 days. Up to that point US equities were continuing to spiral lower, but newfound optimism that Trump might moderate his approach saw a swift reversal. When it emerged that the story was nothing but fake news and, if anything, the President was digging his heals in harder, markets didn’t immediately return to their session lows. NAB’s Tapas Strickland says part of that could be because more CEOs are speaking out against the tariffs and that could force the plans to be rolled back. But, Phil asks, does that mean market have further to go if it becomes clear that the tariffs will stick, and go beyond a temporary negotiating tool. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Tuesday 8th April 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets were momentarily excited earlier when it seemed that the President might be delaying tariffs for 90 days. Up to that point US equities were continuing to spiral lower, but newfound optimism that Trump might moderate his approach saw a swift reversal. When it emerged that the story was nothing but fake news and, if anything, the President was digging his heals in harder, markets didn’t immediately return to their session lows. NAB’s Tapas Strickland says part of that could be because more CEOs are speaking out against the tariffs and that could force the plans to be rolled back. But, Phil asks, does that mean market have further to go if it becomes clear that the tariffs will stick, and go beyond a temporary negotiating tool. Hosted on Acast. See acast.com/privacy for more information.
NOW PLAYING
Bad Medicine and Lots of Hope Priced In
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.