Will President Trump's Tariffs Cause the S&P 500 to Plunge? Here's What 1 Top Wall Street Analyst Thinks.
During Donald Trump's first four years as president, the S&P 500 (SNPINDEX: ^GSPC) soared 67%. Over the next four years with Joe Biden in the White House, the vaunted index jumped 56%. So far in Trump's second term, the S&P 500 is off to a good start, rising 2% in that very short time frame.However, whether the good times keep rolling could depend in large part on the trade policies of the second Trump administration. Will President Trump's tariffs cause the S&P 500 to plunge?Image source: Getty Images.Continue reading
During Donald Trump's first four years as president, the S&P 500 (SNPINDEX: ^GSPC) soared 67%. Over the next four years with Joe Biden in the White House, the vaunted index jumped 56%. So far in Trump's second term, the S&P 500 is off to a good start, rising 2% in that very short time frame.
However, whether the good times keep rolling could depend in large part on the trade policies of the second Trump administration. Will President Trump's tariffs cause the S&P 500 to plunge?
Image source: Getty Images.
