Hugh Johnson Economics suggests the market will be volatile and trendless, mirroring the 2018-2019 trade war. Proposed tariffs on Canada and Brazil could impact global supply chains, with inflation numbers reflecting tariff effects. Slowing US consumption and global economic growth, particularly in China, may pressure oil prices, making equity market gains challenging in the near term.
Global Market Today: Oil falls, Asian stocks rise as Iran tensions ease
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as