Morgan Stanley: Life After the “Liberation Day” Tariff Announcement
13/5 10:30
“This resilience of the market in Q1, ex-Magnificent Seven, suggests investors were not yet focusing on the potential negative headwinds from tariffs but rather had continued to focus on the potential benefits to corporate profitability of the new administration policies, such as deregulation. As a result, the “Liberation Day” tariff announcement came as a shock, […]...