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Billionaire Stock Manager Ken Fisher offers a tough apple in tariffs

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Billionaire Stock Manager Ken Fisher offers a tough apple in tariffs


The word of the month? Tariffs. Everybody argues them. Some believe that there is the best way to return to the dominance of strong arm’s production, while others will spark inflation and worry about them will send it to the decline of America.

Like most things, it is in the middle of the reality. Some industries will probably see the production of reldindled production and the import tariffs are inflation, which is an economic growth.

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Regardless of this, the President Trump’s inflation announcements this month were not well received by investors that were mainly with tariff rivals.

On April 2, after opening the initial tariffs and mutual tariffs, the S & P 500 and Technology-Laden Nasdaq has been about 10% since April 8, about 10% since April 8, 4.6% and 4.4%, respectively, 4.6% and 4.4%, respectively, respectively, respectively.

The impact of tariffs for shares has long been lost in the founder of Fisher investments worth $ 295 billion in the $ 295 billion enterprise.

Fisher, in 1979, taking into account that Fisher investments were established, took a number of sharp comments, taking into account that the tariffs invested with professionalism.

The stock market was sold in connection with the fears of the growing decline after new tariffs for the US imports.

Michael M. Santiago / Getty Images

The US economy faces a homeowner with harsh titles

There is a binary mandate to get low inflation and unemployment in the federal reserve. Unfortunately, these two goals often run against each other. The ratios of the fed increase, slow down their economic activity, causes loss of work and reduces the ratios and burns inflation.

In the last three years we saw this dynamic game in real time. Fed, after reducing inflation in 2022, after reducing inflation, a number of significantly increased rides. This has helped lower inflation, which is lower than 3%, but in 2023 in 2023, the work market caused cracks in 2023.

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The fed was aimed at praising your employment last year, but it has decreased to reduce inflation to reduce inflation to reduce inflation again.

Pause, over 497,000 beds over 497,000, since 2009, in the quarter of 2009, the most digits in the quarter, Challenger, Gray and Christmas were announced from 93% to 93%.

Now the inflation may increase due to President Trump’s tariff plans. Currently, there are 10% main tariffs for all imports that are a break in previously announced reciprocal tariffs, but some basic trading partners are higher.

For example, the US tariff in the United States is 145%. China, China, applied 125% to American goods, and determined the closure of trade between the two huge economies.

This is not a great news for consumers, China is a significant manufacturer of many products sold by domestic retailers for electronic electronics from clothing.

There are 25% tariffs in Canada and Mexico 25% Tariff and Autos.

The prospect of higher inflation comes in a difficult time for the economy. In December, the ISM production index decreased by 49 to 49 in March 49 and decreased from 54 to 50.8 in December. Less than 50 readings are usually associated with a contractual economy.

Ken Fisher’s tariffs blows, a surprising call to Europe

According to Fisher, the tariff gambit is not a valuable bet. After announcing mutual tariffs in early April, Fisher offered a conscious indictment of politics.

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“Wednesday Which Trump is stupid, wrong, arrogant, unrelated a problem with ignorant trade wise and wrong tools” Fisher wrote in X. “Trading tyrants have never been predicted or predicted by themselves or something.

Fisher said he did not offer normal views, regardless of the party, regardless of the party. However, he said, “It is under my extract,” this issue in the X.

Why against the tariffs?

“Neo-mercantilism, otherwise it is also an economy that always feels more than those who try to apply fares,” Fisher said. “The very long history of the whole world. It has been proven in a long time ago and consistently. Except for several, the most extensive economy is not exception.”

The concept that the country suffered more than tariffs, the majority of most of the majority of most of the most influence of the SMOOT-Hawley Tariff Law increased by 20% and increased by extending the great depression.

President Ronald Reagan referred to the negative impact of tariffs in the 1980s, which leads to trade powder between US and Japan.

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“For our passengers of the Great Depression, the memory of the suffering (tariffs) is deep and sold,” he said. Apply to Americans in April 1987. “Today, many economic analysts and historians claim that the high-tariff legislation was back in the period called Smoot-Hawley tariff and prevented economic recovery.”

Reagan, free trade policy, why the tariffs are wrong in his speech:

“When someone first says,” Let’s apply foreign imports to external imports, “Sometimes it is a short time. First, Homeground Industries begin to rely on government protection. And then, after all this continues, Something worse. High tariffs are inevitably causing the trigger of revenge and severe trade wars by foreign countries. Thus, people are less and less. Then the worst is shrinking and collapsed; enterprises and Industrial fields have been closed; and millions of people lose their jobs.

Fisher’s opinion of tariffs has not been softened since the initial reaction, and he thinks that Europe’s Trump’s trading mistake can be the biggest benefit.

“It’s a year for Europe, not America,” Fisher a CNN Interview. “So, so much, the best, the best, so much overweight, you use a period to many overweight Europe … We have many tariffs in all over the world, we have a history of many tariffs, they are doing worse than the countries they use.”

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