Markets Weekly Outlook - The Gavel Falls On Global Tariffs As Inflationary Fears Return To The Fold
Source: SeekingAlpha
2026-02-20 22:40:00 ET
Week in review - Tariffs and inflation
- The US Supreme Court struck down the administration's broad global tariffs under an emergency act (IEEPA). However, the administration is pivoting to alternative legal tools.
- US financial markets reacted positively to the tariff ruling but had to contend with a disappointing 1.4% GDP report and higher-than-expected inflation data (PCE price index up 0.4% MoM).
- A 5% weekly gain in oil prices, combined with persistent inflation data, has brought inflationary pressures back to the fore.
- The market's attention shifts to high-stakes corporate earnings, especially Nvidia, as the bellwether for the AI boom and crucial economic data, including the Australian Monthly CPI and US Consumer Confidence.
Read the full article on Seeking Alpha
For further details see:
Markets Weekly Outlook - The Gavel Falls On Global Tariffs As Inflationary Fears Return To The Fold
Principal Shareholder Yield Index ETF
NASDAQ: PY
PY Trading
-1.05% G/L:
$52.03 Last:
5,356 Volume:
$52.26 Open:
