Christopher Harvey, head of equity strategy at Wells Fargo Securities:
says he remains optimistic about the long-term outlook for equitiescautions investors against overlooking the potential fallout from the April 2 tariff announcementHe noted:
“We remain constructive on equities longer term given:
(1) potential monetary stimulus (i.e., 75+ bps of 2025 Fed rate cuts) starting by mid-year;
(2) anticipated tax bill movement (and possible enactment) this summer;
and (3) several uber-caps already look oversold (TSLA, AVGO, NVDA),”
“However, the risks are not small and recession is possible. We are worried most about the potential unintended consequences of aggressive tariff moves,”
4pm US Eastern time is the timing I have for the April 2 announcement
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Wells Fargo warns April 2 risks ‘not small’ , but express longer term optimism )
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