Trump tariffs have been more noise than reality: Phil Blancato | Fox Business Video
Phil Blancato, the chief market strategist at Osaic, discusses the narrative surrounding Trump's tariffs, stating that they have contributed more noise than actual impact on inflation and the stock market. He implies that the perceived effects of these tariffs are overstated and emphasizes viewing them critically rather than taking them at face value. This perspective suggests a need to be cautious regarding investments tied to tariff fluctuations.
Stock Forecasts
SPY
Positive
Given Blancato's assertion that tariffs have been more about rhetoric than reality, stocks in sectors heavily affected by tariffs may stabilize or even appreciate as investor concerns fade. Additionally, companies less reliant on specific tariff-imposed imports may benefit from improved investor sentiment.
Related News
Trump Eyes a Bigger, Better Trade Deal With China
Feb 19, 2025, 10:24 AM
U.S. officials are considering whether they can strike a deal with China that would ramp up its purchases of American goods and investments in the United States.
Stock market today: S&P 500, Dow, Nasdaq slip with fresh tariffs, Fed minutes in focus
Feb 19, 2025, 10:21 AM
Investors are weighing Trump's latest tariff salvo and waiting for Fed minutes for insight into future policy.
As 2025 kicks in, so are layoffs: these are some companies cutting jobs
Feb 19, 2025, 8:00 AM
This year only has just over two-and-a-half months in the books so far, but multiple companies have already announced layoffs, including Blue Origin, JPMorgan Chase and Estee Lauder.