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Tempest Of Tariffs Shocks Stocks | Lance Roberts & Adam Taggart
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Wall Street likes predictability.
And that's proving quite elusive these days.
Which explains why stocks have been performing poorly of late.
Too many curveballs, many thrown by the new Trump Administration's ever-changing tariff policies, are making it nearly impossible for analysts to make earnings forecasts that aren't completely outdated by the next morning's news cycle.
Does that mean stocks will continue struggling from here?
It's quite possible, says portfolio manager Lance Roberts. Technical analysis still suggests stocks are short-term oversold and could bounce soon...but if the curveballs keep coming as fast & furiously as they have been, that uncertainty could keep a sustained rally from happening.
We discuss this, the latest PCE and personal spending data, DOGE and debt, credit spreads, gold and Lance's firm's recent trades in this new Market Recap.
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