Oil prices are rising. Asian stocks are mostly down following Wall Street’s losses. Middle East tensions are escalating. There is concern about potential US involvement. Donald Trump has commented on Iran. Investors are watching economic data. The Federal Reserve is meeting. Some anticipate a pullback in US equities. Global stocks may outperform US stocks in the next five years.
Markets await US CPI for tariff impact clues amid Trump’s trade threats: Peter Cardillo
Peter Cardillo of Spartan Capital Securities anticipates a deal will be worked out regarding tariffs. He believes President Trump’s high tariff threats are negotiating tactics.