Reported 17 days ago
US stocks are at record highs following a Federal Reserve rate cut and the optimism surrounding former President Trump's reelection. T. Rowe Price's CIO, Sébastien Page, discusses three main factors driving this rally: deregulation, lower taxes, and inflation. However, he warns that trade wars, stemming from Trump's proposed tariffs, could pose significant risks to stock market stability, a concern that the market may not be fully addressing.
Source: YAHOO