Trumponomics
Why Are Stocks Hitting Records Amid US Uncertainty?
On this episode of Trumponomics, we explore the curious moment in markets where most investors see equities as overvalued but don’t want to sell just yet.
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It would be reasonable to think that widespread uncertainty tied to President Donald Trump’s trade war, the wavering credibility of the US central bank and a struggling labor market would weigh on US stocks. Indeed, just four months ago investors were up in arms about the threat posed by his tariffs to corporate bottom lines.