Ed Yardeni compares the proposed EU tax to past tariff threats. He calls it Liberation Day 2. Markets remain calm, seeing it as negotiation. A trade war hurts the global and US economies. Trump’s frustration and potential tariffs on countries buying Russian oil add complexity. Markets anticipate resolution by summer. Trump’s focus may shift to mid-term elections.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and