Why the near-record high market has taken Trump’s renewed tariff blitz in stride
S&P 500, investors withdrew from record levels on Friday because they discussed the renewal of the challenging tariff discourse of President Donald Trump this week. In a series of letters, the White House informed a series of US trade partners about the taxes they will encounter if they cannot be reached on August 1. On Saturday, Trump announced 30% tariff levels on goods imported from the European Union and Mexico. It was Canada, Japan and Brazil at the beginning of this week. The letters were designed to reset the US expectations as the 90 -day pause of “mutual” tariffs ended on 9 July. Although the daily threshold of trade headings returned, S&P 500 and Nasdaq broke a high record of each Thursday. Later, the news of the 35% tariffs on Canada imports came after the bell. The fell on Friday’s shares are a bit negative during the week. Technically, the three -week winning line of the market, while the S&P 500 and Nasdaq are still close to all time of all time. Sunday, the first $ 4 trillion company, the club’s name even crowned Nvidia. Wall Street’s ability to take Trump’s renewed tariff campaign as in early April, instead of panic, is more comfortable and adapted to the negotiation style of the president. Although we cannot ignore the rhetoric, it is important to protect a cool head when cuffs like them hit the tape. After all, if the lowest and high of the first half of this year strengthened the mantra of Jim Cramer, no one paniced a penny. Repeating this idea, Jim addressed the third -year meeting of the CNBC Investment Club from the New York Stock Exchange on Friday. Emphasized the importance of distinguishing personal views on politics from investment decisions. This does not mean that you should love and even be good with the rhetoric from Washington, but it is the key to focusing more on what your portfolio means by focusing less on the desk manners and what their policies mean for economic growth, and more focusing on institutional gains that direct the market. The earning season starts with banks including Club Names Wells Fargo, Goldman Sachs and Blackrock in the coming week. As Jim discussed at his annual meeting on Friday, an important policy change under the Trump administration is the desire to allow artificial intelligence to progress in a relatively uncompromising way. Considering the longer term impact on the labor market, although it will ultimately take us to a dystopic or utopian conclusion, the futures consequences are significant growth as it apparently spends an endless amount of expenditure to automate with companies and dominant assets. This dynamic demand for artificial intelligence directs the entire market, as it demands to sectors beyond sectors such as technology and infrastructure and energy to support workloads. At the same time, as AI becomes more advanced and companies begin to integrate technology more deeply, costs should begin to decrease and support the expansion of profit margin. Since a robotic labor force compete with human labor, we should not call the long -term results of automation. While talking, it already happens in warehouses and factory floors. People get tired and sick and health and retirement aid, holidays and so on. Robots do not need all things that cost employers every year and tons of money. The other major theme emphasized at the meeting is the other major theme deregulation that allows us to open a bull in the market despite unwanted discourses from Washington. There is no sharp difference between the public offering (first public offers) and merger and acquisition (merger and acquisitions) activity against what we see during the Biden Presidency under the Trump administration. We estimate this, so we have started our position in Goldman Sachs, the world’s leading investment bank – and perhaps after the agreement, the greatest beneficiary of a government that wants to allow the agreement to go without countless, sometimes unquestioned difficulties. Goldman Sachs is perhaps the simplest way to play the public offering and M&A explosion, although it is just an explosion that we just think of starting, businesses will no longer deny that it will reach every sector to reshape and reorganize productivity as necessary to increase productivity and direct growth. In the end, the general message to the members is that they should certainly vote according to their political views, but they should invest on the basis of the consequences of the policies. As we have tried to be, we will do an evil to the members if we focus on another thing we see the market, and more importantly, we would turn to the power of our individual club assets because we are working to process everything from corporate updates to deregulation, macroeconomic tendencies and geopolitical updates. (See here for the full list of Jim Cramer’s philanthropist’s confidence in the charitable trust. Jim is waiting for 45 minutes after sending a trade warning before buying or selling a share in the portfolio of charitable confidence. If Jim talked about a stock on CNBC TV, he’s waiting for 72 hours after trading warning before trading. The above investment club information is subject to our conditions and conditions and our Privacy Policy with the waiver. There is no confidence or duty or not, as you receive any information provided in connection with the Investment Club. A specific result or profit is not guaranteed.
