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I think it’s time to admit that Donald Trump’s tariff initiative isn’t an investor’s best friend. Perhaps a mortal enemy is too kind a description of the mass chaos unleashed on North America and, frankly, the world.
As I write this before the markets open Friday, the S&P 500 futures are slightly positive, a sign the week could end upbeat. But to do that, investors need a good jobs report and encouraging words from Jerome Powell, Federal Reserve Chair.