Time to rethink the roadmap as major drivers change [Video]
|US President Donald Trump said that the tariffs that concern the North American car industry will be delayed by a month... a day after he imposed 25% levies on all Mexican and Canadian imports. Global markets welcomed Trump’s move to turn a threat into reality and then roll it back—arguably a better outcome than imposing and sticking to 25% tariffs. However, the uncertainty and lack of seriousness in these decisions will undoubtedly have a sizeable impact on US growth.
The market conditions are getting appetizing for traders that are looking for interesting short-term opportunities, but it’s important to have a clear playbook and determine what factors influence the market moves? Is it the data, is the central bank expectations, is it politics, geopolitics?
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