The stock market rallied last week, the S&P 500 up nearly 6%, spurred on by the suspension of some of the tariffs imposed on April 2nd. The "reciprocal" part of the new tariffs was suspended for 90 days while the 10% universal tariff was retained. Tariffs on China, however, were raised further after they retaliated against President Trump's previous retaliation [...]
You can't be serious! You cannot be serious! - John McEnroe, challenging a fault call at Wimbledon, 1981 That's what went through my head when President Trump unveiled his "reciprocal" tariffs on Wednesday last week. The tariffs unveiled on Trump's "Liberation Day": are the largest tax increase since at least 1968 and maybe in our entire history. impose an average [...]
Is it finally time for international stocks to shine? That question has been asked and answered negatively for 10 of the last 12 years if you compare the S&P 500 to the EAFE international stock index. The total return changes some but the results are similar if you compare the US to European stocks. This period of US outperformance is [...]
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