Markets Slump on Tariff Anxiety
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Bloomberg Intelligence hosted by Paul Sweeney and Isabelle Lee
Today's Podcast Features:
Tyler Kendall, Bloomberg News Reporter, discusses President Donald Trump saying the US economy faces “a period of transition,” deflecting concerns about the risks of a slowdown as his early focus on tariffs and federal job cuts causes market turmoil.
Trump’s on-again, off-again tariff policies have rattled investors, triggering a selloff in technology shares and levels of volatility not seen in years.
Tim Urbanowicz, Chief Investment Strategist at Innovator Capital Management, discusses his outlook for the markets. He discusses sentiment shifting incredibly quickly from excitement about a new Trump administration to fear. The majority of investors had been focused on the pro-growth policies, and were not taking Trump seriously when he talked about tariffs, but now that threat has materialized and created a growth scare.
CERAWEEK Interviews:
Bloomberg Intelligence Alix Steel speaks with:
Baker Hughes CEO Lorenzo Simonelli
Joe Dominguez, CEO of Constellation
See omnystudio.com/listener for privacy information.
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