Jin10 data reported on April 24th, Empower Investments Chief Investment Strategist Martha Norton stated, “Any positive news from the U.S. government, such as Bessent’s comments on Tuesday indicating that trade tensions will ease, leads the market away from negative baselines. Investors are uneasy as we try to figure out the real costs, scope, and duration of tariffs, as well as their impact on the economy. This environment causes every small piece of news to resonate more strongly.”
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Strategist: Small news will trigger a big response in an environment of tariff concerns.
Jin10 data reported on April 24th, Empower Investments Chief Investment Strategist Martha Norton stated, “Any positive news from the U.S. government, such as Bessent’s comments on Tuesday indicating that trade tensions will ease, leads the market away from negative baselines. Investors are uneasy as we try to figure out the real costs, scope, and duration of tariffs, as well as their impact on the economy. This environment causes every small piece of news to resonate more strongly.”