Michael Grant sees the U.S. in a slowdown, but not a recession. As tariff headlines dominate, Michael believes markets want to see trade confrontations limited to China, though trade deals elsewhere can add a cushion to prevent new lows in the SPX. While Michael says escalation with China happened too fast, tax cuts and deregulation in the states can open a path for markets to reclaim all-time highs.
Market On Close
30 Apr 2025
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