The recent exposure to tariffs and trade war volatility is just the beginning. There will be short-term economic pain, which is expected to lead to long-term gain. If tariffs impact consumers, it will cause CPI data to reflect this, forcing the Federal Reserve to intervene. This process will unfold as a prolonged 'domino effect' over a period of time, rather than a quick resolution, due to it being a negotiating tactic.
"I think that what we experienced in the past two weeks with the exposure and the volatility of these tariffs are just the beginning. I don't think Trump and he's made it very clear uh I don't think he's going to be shy with leveraging this like you know tariff or trade War. I think it's going to be something that we're slapped with. I think there's going to be short-term pain hopefully for long-term gain, that's what I think. And I think that if there are tariffs that then do impact consumers, it will be reflected in our CPI data report and then the Federal Reserve will have to deal with it. So I think it will be a domino effect. I don't think that it will be quick, I don't think that it will be just um something that just happens one weekend or one month. I think that it will happen over a period of time because it is a negotiating tactic."
