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President Trump far exceeded Wall Street's worst fears with his "Liberation Day" tariff announcements, prompting many strategists to reconsider their previously optimistic outlooks.
"Whether the Bull Market has ended and a Bear Market has begun will be contingent on all politiciansâ response, domestic and foreign, to âLiberation Day," Julian Emanuel, who leads the equity, derivatives, and quantitative strategy team at Evercore ISI, wrote in a note to clients Wednesday night. "Our base...
>>> Read more: The stock market will be 'severely tested' by Trump's tariffs
"Whether the Bull Market has ended and a Bear Market has begun will be contingent on all politiciansâ response, domestic and foreign, to âLiberation Day," Julian Emanuel, who leads the equity, derivatives, and quantitative strategy team at Evercore ISI, wrote in a note to clients Wednesday night. "Our base...
>>> Read more: The stock market will be 'severely tested' by Trump's tariffs