Analyst unveils bold prediction as tariff deadline looms
Here's what may happen when the 60-day pause on reciprocal tariffs expires.
The tariffs announced by President Trump on April 2, so-called “Liberation Day,” surprised most because they were more widespread and harsher than expected.
The market reaction in the following days, including a 19% drop that nearly reached bear market territory for the S&P 500, led to President Trump pausing most reciprocal tariffs on April 9 for 60 days, kicking off a rip-roaring stock market rally back toward new highs.
