Stock Market Is Underpricing 'Downside Risks Of The Tariff Rates,' Warns Expert: Tariff Policy Nuances Are 'Far More Important' Than The 'One Big, Beautiful Bill' - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

Stock Market Is Underpricing 'Downside Risks Of The Tariff Rates,' Warns Expert: Tariff Policy Nuances Are 'Far More Important' Than The 'One Big, Beautiful Bill' - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

While investors are assessing the potential impacts of the “One Big Beautiful Bill Act,” this expert is urging investors to look beyond and consider a more potent market mover — U.S. tariff policy. What Happened: Bob Elliott, CIO of Unlimited Funds, warns that the stock market is “underpricing the downside risks of the tariff rates,” arguing that the nuances of this policy are “far more important” than the much-touted legislative package. While…