Prepare for Tough Times: Tariffs and Inflation Could Wreck Markets
The White House recently announced that the July 9 tariff deadline is not critical. This comes as Nike reports disappointing earnings, though the results were better than many anticipated. With ongoing concerns about tariffs, tensions with China and Iran, and rising inflation, the market faces significant headwinds ahead. Traders are uneasy as they process these developments. The second half of the year could prove challenging for investors across various sectors. Stay informed as we monitor these evolving situations and their impacts on the market.