Reported about 20 hours ago
US stocks are performing well despite inflation concerns linked to President Trump's recently introduced 25% tariffs on steel and aluminum imports. Dan Griffith from Huntington Private Bank suggests that these tariffs may trigger more merger and acquisition activity, as smaller businesses might seek to sell to larger firms that can better manage the increased costs. Investors are taking a long-term view as they await further developments in the post-election economic landscape.
Source: YAHOO