PXI - Market Outlook: A Bumpy Path
2025-04-24 05:50:00 ET
Summary
- Markets have been stumbling over tariff plans, but tax reform and deregulation could eventually smooth the way for investors.
- The tariff overhang and the commensurate growth scare have pulled the Federal Reserve back into the narrative.
- While the scope and disruption of tariff announcements has been broader than anticipated, we believe that the U.S. will likely avoid a meaningful and protracted economic deceleration; we are not projecting a recession in 2025.
By Shannon L. Saccocia, CFA
Markets have been stumbling over tariff plans, but tax reform and deregulation could eventually smooth the way for investors. ...
Market Outlook: A Bumpy Path