Trump’s possible reinstatement of tariffs post-July 9 jeopardizes import costs and overall market stability. Jerome Powell has attributed inflation risks to tariffs and ongoing oil price volatility, maintaining close watch on these developments.
JPMorgan cites a 40% probability of a U.S. Recession, potentially weighing down stock performance. Meanwhile, emerging weaknesses in the housing market exacerbate investor fears of a broader economic slowdown.
The Iran-Israel tensions may disrupt oil supply, further impacting energy prices and inflation. With uncertainties persisting, the S&P 500’s recent recovery remains precarious, leaving investors vigilant about potential setbacks.
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