Roaring 2020s & Reciprocal Tariffs

Dr Ed is on the road more often these days visiting YRI accounts around the US and abroad. His “Roaring 2020s Tour” focuses on the resilience of the US economy over recent years and reasons that it should continue to expand, with no recession, through the rest of the decade and maybe even into the 2030s. That should keep the US stock market rising to record highs. … True, the Roaring 1920s ended badly, with a crisis that trade wars escalated until the US implemented reciprocal tariffs that could be negotiated down with individual nations. We don’t expect a repeat of the trade war scenario, as Trump seems to favor reciprocal tariffs.