Re: Brandon Henry's (RBC) take on Mexican tariffs
May be so.
But tariffs are bad. It causes ill-will among nations. Chinese are motivated to boycott American products. Other countries will do the same
Let us face it. China is a big consumer market and such boycott will hurt the EPS of multi-nationals. It impedes market expansion (higher sales), and stock price appreciation
Frankly the "tariff man" needs to find a better technique to negotiate
Yeh, the market went up today but only with the hope that he will back off. Let us see.
With the DOJ/FTC ill guided Trump hatred directed at high tech companies I fear this will keep the markets in turmoil causing a severe downturn