Market Watch: Gold Could Hit $3,000 Soon and $4,000 in 2026, This Market Pro Says. Here's Why
Article by Ed Yardeni and Eric Wallerstein in Market Watch
Trump Tariffs 2.0 hit the U.S. stock market hard on Feb 7.after President Trump said he plans to announce reciprocal tariffs on many countries this week — a major escalation of his offensive to tear up and reshape global trade relationships in America’s favor.
We view this as a positive development, given that Trump previously planned to impose a uniform 10%-20% tariff on all U.S. imports. The reciprocal approach leaves plenty of room for the U.S. to negotiate tariff cuts with each of America’s trading partners separately. They’re Trump’s “art of the tariff” deals.
Trump’s reciprocal tariff threat also spooked the U.S. bond market last Friday. That’s because higher tariffs would cause at least a one-time spike in consumer prices, which might ......