Trump’s presidency carries plenty of market risk, experts warn

Published On Nov 10, 2024, 11:38 AM

Experts warn that while the stock market has reacted positively to President-elect Donald Trump’s economic plans, there could be significant risks ahead. Key concerns center around potential inflation from trade tariffs and significant government spending. Analysts express caution that inflation could hinder the expected benefits of tax cuts and deregulation. Companies heavily reliant on imports from China, such as Dell, HPQ, and Logitech, may face pressure if tariffs are reinstated. Overall, experts predict a mixed outlook with heightened risks that may counter the market's current momentum.

Stock Forecasts

Potential inflation and tariff reinstatement may adversely affect tech stocks, particularly those reliant on imports from China. Dell, HPQ, and Logitech are singled out as particularly vulnerable.

Given the potential for economic policies that may contribute to inflation and fiscal deficits, the broader market may face downturn risks. S&P 500 could see pressure based on upcoming inflation data and fiscal policies.

Related News

The strength of the market response has arguably been at odds with what many economists consider the prospect of worse economic policies under President-elect Trump.

Craft distillers in the U.S. are facing several issues including higher distilling input costs and potential tariffs on American whiskey, according to experts.

What is open on Veterans Day?

Nov 9, 2024, 9:42 AM

Veterans Day falls on November 11 each year, regardless of the day of the week. It's a federal holiday, meaning federal government buildings, banks and post offices are all closed.