The ongoing tariff turmoil is no laughing matter for investors. Most major stock indexes have dropped into bear market territory. And while we’ve seen a meaningful recovery in certain equities, it’s clear we are not out of the woods yet.
From an economic standpoint, tariffs are generally perceived to be a net negative, due to the fact that they tend to raise prices for consumers. And with the American consumer showing increased signs of weakness, that’s bad news for the many companies that rely on consistent consumer spending to juice their revenue and earnings.
