US EditionEvelyn Partners: Darwinian firms adapt to tariffs and lift stocks higher - Wealth DFM
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Evelyn Partners: Darwinian firms adapt to tariffs and lift stocks higher - Wealth DFM
After the initial shock of President Donald Trump’s tariff hikes in early April, stocks have shown a remarkable ability to bounce back. The S&P 500 equity index is trading close to all-time highs, led by a sharp recovery in technology stocks. This may be because of the TACO trade (short for Trump Always Chickens Out). This describes the market’s belief that Trump will not follow through on his most extreme policy threats and/or the economic impa…
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