Quarterly Outlook
Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?
John J. Hardy
Global Head of Macro Strategy
Summary: Today we sift through the market reaction to Trump's announcement of reciprocal tariffs, with the market celebrating their delayed implementation. We also discuss the mostly wound-down US earnings season, the best in three years, the big reversal in bond yields, developments in FX and some great links and must reads for those trying to grasp the Trump administration's risky strategy. Today features Jacob Falkencrone, Global Head of Investment Strategy with host John J. Hardy, Global Head of Macro Strategy.
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Link to today's slide deck: