The market is still unsure how to price tariff changes this summer.
Some risk-off sentiment but no panic.
China and the U.S. are back in business...to last month's deal.
Trump's trade policies are weakening confidence in the dollar.
Announces changes and products that are underwhelming.
Bond yields are the elephant in the room for equities.
...citing a combination of resilient earnings, supportive monetary policy, AND a weakening dollar.
Investors worry about the fiscal health of the U.S. economy.
...and "investors still don’t know the full impact of Trump’s tariffs. "
Moody’s downgrade will result in higher interest expense.
The data suggests easing inflation pressures, which could influence Federal Reserve policy decisions.
Uncertainty over the global economy remains.
