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.